Business
New Contract Wins
New Contract Wins.
About this update from Arcontech Group Plc
[{"type":"text","content":"\n \nRNS Number : 1908K Arcontech Group PLC 12 July 2011 \n \n\n \n \n \nARCONTECH GROUP PLC \n \n(\"Arcontech\" or the \"Group\")\n \nNew Contract Wins\n \nArcontech Group plc (AIM: ARC), a provider of enterprise real-time software solutions to the investment banking and broking sectors, is pleased to announce a number of new contract wins by its Arcontech Ltd subsidiary for its CityVision market data distribution and AXE trading system products . The sales have been made to a diverse client base ranging from a smaller independent investment bank to a large international banking group.\n \nThe new business will generate revenues in excess of £1.4m over the next three years.\n \nAndrew Miller, CEO of Arcontech plc commented: \"We've put an exceptional amount into product and relationship development during the financial year to June 2011 and it is gratifying to see it bring success. The combination of new and proven products, together with globalised support is attractive to an increasing number of firms where our advanced interfacing technology, coupled with independence, gives them choice and adaptability as they seek to improve performance whilst reducing costs and vendor dependence.\n \n\"We anticipate additional sales once the advantages of our technology become better known through these forthcoming implementations and as a result of our more vigorous sales and marketing programme.\n \nParticularly exciting is that the new products, developed in cooperation with several major firms, provide ground-breaking interconnectivity between the major vendor platforms and are already attracting significant interest from other international firms.\" \n \nFor further information please visit www.arcontech.com or contact:\n \n\n\n\n\nArcontech Group plc\nAndrew Miller, Chief Executive\nRichard Last, Chairman\n\n\n \n+ 44 20 7256 2300\n+44 1608 683 108\n\n\n\n\nNorthland Capital Partners Limited\nShane Gallwey \n\n\n \n+44 20 7796 8823\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END CNTBLGDRLUBBGBB \n ","length":4066,"tagName":"div"}]