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Coms plc : Contract win

03/21/2013 | 02:35am EST


21 March 2013

Coms plc

("Coms", the "Company" or the "Group")

Major Contract Win

Coms plc (AIM: COMS), announces that it has signed a 24 Month partner contract with Worldstone to commit to add an additional 400 hosted seats per month, for a minimum period of 24 months, selling across the international reseller base of Worldstone.

By the end of the term the additional seats are expected to effectively double the size of the existing Coms core business. The recent licensing of AskMerlin software has made the proposition attractive to Worldstone and their customers, as Coms can now deliver zero touch provisioning all online, with white labeled billing and collection globally.

Dave Breith (Coms CEO) states"Following our recent signing of Vonage this is starting to vindicate the belief that I have in the Company. Worldstone are a leading provider of multi-site communication solutions for global businesses and we are extremely pleased that we have been chosen as their exclusive partner in this area. This truly does mark a significant development for Coms plc"

Aaron Payne (Worldstone Managing Director) comments"Worldstone, recently acquired as part of the JT Group Limited, have been in negotiations with a number of suppliers for some time.  We have chosen Coms because we feel they can offer the best all round solution.  We have found the Coms team both flexible and honest in their approach and we are excited to partner with them. The overall solution being provided by Coms is superior in robustness, deployment and functionalityfor our international reseller base"

Contact at PLC:

Coms plc

David Breith (CEO)                                                                                          +44 (0) 20 7148 3000

Grant Thornton UK LLP (Nominated Adviser)

Colin Aaronson / Jen Clarke                                                                        +44 (0) 20 7383 5100

XCAP Securities plc (Broker)

John Belliss                                                                                                        +44 (0) 20 7101 7070

Newgate Threadneedle (PR)

Graham Herring                                                                                                +44 (0) 20 7653 9858

About JT Group (Jersey Telecom Group)

JT have over 120 years' experience in communications as a Tier 1 operator based in the Channel Islands and are dedicated to delivering world-class services.  JT is a full-service consumer and business enterprise provider offering end to end services, covering domestic fixed land line through to leading-edge data hosting for the e-gaming industry and offers bespoke communication solutions with unrivalled customer support. Visit www.jtglobal.comfor more information.

About Worldstone

Worldstone is a leading global managed services provider specialising in voice, data, networking, contact centre and collaboration solutions for companies worldwide. With a successful track record in delivering complex solutions, service and support to multi-national companies, presence in over 110 countries and more than 100 alliance partners; Worldstone's expertise is unrivalled in the market. Visit www.worldstone.com for more information.

This information is provided by RNS
The company news service from the London Stock Exchange
distributed by

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Frank Beechinor-Collins Chief Executive Officer & Director
Kristian Shaw Group Chief Financial Officer & Director
Guy Christopher van Zwanenberg Non-Executive Chairman
Spencer Neal Dredge Chief Operating Officer
Philip Basil Wood Non-Executive Director
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