Synstar PLC
23 March 2000
SYNSTAR SECURES OUTSOURCING CONTRACTS WORTH £75m.
Synstar Plc, the pan-European IT services group, has signed two new
outsourcing contracts and substantially extended the scope and value of two
more. Together, the value of the contracts is circa £75m.
CSC, a leading global IT outsourcing company, has granted Synstar a
significant multi-million pound contract extension, over a four year period.
Synstar has been CSC's preferred European maintenance supplier since 1994 and
operates in a pan-European capacity for both CSC and its customers. Synstar
provides IT support services and personnel both on-site, at customer premises
and mobile.
ITNET, a leading supplier of IT and business process service solutions, has
renewed its contract with Synstar for a further 3 years to provide hardware
maintenance and business continuity services to its expanding base of blue
chip customers. Synstar is ITNET's preferred European partner for IT
services, and rapid expansion is anticipated for the contract.
Vertex Data Science Ltd (Vertex) has appointed Synstar to be responsible for
all its PC computer equipment, including printing and software rebuilds. This
covers around 8,000 users. Vertex specialises in Business Process Operations
Outsourcing and is part of the United Utilities Group.
Amey Comax Ltd, the UK's third largest UK Facilities Outsourcer, has appointed
Synstar for desktop and mid-range hardware maintenance and software support
for multiple sites across the UK and in excess of 10,000 users.
The individual value of these contracts is not disclosed.
Richard Ferre, Chief Executive Officer, Synstar said:
'Our independence from any one computer manufacturer, our pan-European reach
and our strong service culture combine to make us a natural Service Provider
for IT outsourcers. Partnerships of this nature are an increasingly important
ingredient in the development of our business.'
For further information
Synstar Plc
Joanne King, Investor Relations Manager 01344 662 700
GCI Focus Group Ltd
Susy Streeter/Nick Lambert 0207 398 0800
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