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Ultrasis Jumps As New Unit Wins Contracts Worth GBP2 Million

18th Nov 2013 10:14

LONDON (Alliance News) - Ultrasis PLC Monday said its recently-acquired screening and wellbeing subsidiary, Screenetics UK Ltd has won three new contracts with customers in the public and private sectors worth an estimated GBP2 million a year.

"The revenues are partly conditional on performance, but, based on past experience, Screenetics is confident of fulfilling the contract criteria," the company said in a statement.

Ultrasis acquired Screenetics October 4. The contracts are for the provision of flu vaccinations, health screenings for staff at a public sector body and employee screening for a large UK corporate.

Ultrasis shares were up 15.3% at 1.2398 pence Monday morning.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright © 2013 Alliance News Limited. All Rights Reserved.


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