Contract Wins & Extensions

Synstar PLC 05 February 2004 5 February 2004 Synstar plc Contract wins and extensions Synstar, the pan-European IT services provider, is pleased to announce a number of sales successes in recent weeks. In the UK Public Sector, Synstar has been awarded the Single Source Maintenance contract by the Defence Communication Services Agency of the Ministry of Defence. Under the new contract, which brings together many of the MOD's hardware support requirements, Synstar will now provide IT and network Hardware Maintenance to MOD establishments in a global environment, particularly in the UK, Germany, Gibraltar, Cyprus and Her Majesty's Fleet. In addition, a complete desktop Managed Service will be provided in Cyprus. The responsibilities cover a range of Synstar's services, and will involve supporting over 200,000 assets, many in secure environments. The three-year contract is valued at about £10 million. This win, against major competition, builds upon a long and successful record of providing high quality services to the MOD and the UK's armed forces in many locations throughout the world. Synstar has also renewed the contract to the end of 2007 to provide pan-European Managed Services support to Galileo, one of the world's largest travel service providers, and one of Synstar's top five customers since 1999. The new contract has an initial value of €18 million, and covers the UK, Western Europe and Scandinavia. The service will be delivered by a combination of direct Synstar staff, and subcontractors from the Synstar's European Business Network. In Holland, cross-selling is continuing to prove to be a source of valuable additional business. Most recently, the Dutch Airline KLM, a long-term maintenance customer, has added Synstar networking services to its contract. Cabling and other networking services with a value in excess of €200k will be delivered in the coming months. Our new name business activities have produced a significant contract with Kingston Communications. In a three-year deal worth just under £1.5m, Synstar will provide maintenance services to the Hull-based telecommunications company. Steve Vaughan, Synstar Chief Executive, commented: 'We are seeing an increasing trend in our capability to win major deals against strong competition. These recent successes are undoubtedly due to our long-held strategy of focusing on cross-selling managed services to our existing clients. We have has also been helped by the recent steps made to redeploy our sales channel to win and deliver business of this type.' Steve Vaughan / Stephen Gleadle Synstar Plc Tel: 01344 662700 Edward Bridges / James Melville-Ross / Juliet Clarke Financial Dynamics Tel: 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange