27th Jul 2015 07:18
LONDON (Alliance News) - Daily Internet PLC shares were trading higher on Monday morning after the company said it has signed contracts worth a total of GBP400,000 with builders' merchant JT Atkinson & Sons Ltd.
The contract, to be provided by Daily Internet's Netplan subsidiary, will cover the provision of a cloud-based platform for JT Atkinson. No financial details were disclosed but Daily Internet said billing on the three-year deal will start immediately.
"This contract win, along with the fact that any customer representing more than 5% of revenue within our managed hosting division has re-contracted for 2 or 3 years, further validates our stated strategy which we continue to implement," said Daily Internet Chief Executive Chris Evans.
Daily Internet shares were up 10% on the news to 1.8499 pence, one of the best performers in the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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