21st Apr 2008 07:01
Regenersis PLC21 April 2008 21 April 2008 Regenersis plc ("Regenersis" or the "Company") Contract Win TomTom Selects Regenersis Romania for Pan-European Refurbishment Programme TomTom, a world leading navigation solutions provider, has confirmed Regenersisas its preferred Pan-European refurbishment partner. The work will be carriedout in the new Regenersis facility in Bucharest, Romania, which, by December2008, will employ over 200 members of staff. This news follows on the heels of the recent confirmation that the Bucharestfacility has been accredited by Sony Ericsson to support their mobile phonewarranty repair programme. Regenersis already provides warranty and technical repair services to TomTom inthe UK from its facility in Glenrothes, Fife. Mark Hilton, After Sales Manager at TomTom said, "Regenersis are a proactivepartner supporting us with a full programme of repair and refurbishmentservices. We have been impressed with their work in the UK, and were equallyimpressed by the local management at the Bucharest facility. We believe the teamin Bucharest are up to the challenge of supporting our European refurbishmentprogramme and we look forward to working with them." Gary Stokes, Regenersis CEO said, "This is a significant win for Regenersis andclearly demonstrates that our focus on delivering outstanding customer serviceto our global customer base is yielding positive results." For further information please contact: Regenersis plc 07789 435 100Sarah Bond KBC Peel Hunt Ltd (Nominated Advisor and Broker) 020 7418 8900Jonathan Marren / Oliver Stratton Financial Dynamics 020 7831 3113Matt Dixon About Regenersis Regenersis is a leading provider of managed services to many of the world'spremier brands. The company supports the entire product lifecycle, from originaldesign input, pre-sales testing, local customization and configuration throughto field support activities that include technical assistance as well as productrepair, replacement and refurbishment programmes. At the end of the product's life the Company will take it back and, whereappropriate, match it to a need in a secondary market, thereby extending thelife of the product while creating value for our clients. If it is beyond use,Regenersis ensures it is safely recycled. In six months ending 31 December 2007, Group revenue increased by 42% to £55.0mand headline profit increased to £2.8m. About TomTom TomTom NV is a world leading navigation solution provider. TomTom's products aredeveloped with an emphasis on innovation, quality, ease of use, safety andvalue. • TomTom's products include all-in-one navigation devices which enable customers to navigate right out of the box; these are the award-winning TomTom GO family, the TomTom ONE XL and TomTom ONE ranges and the TomTom RIDER. Additionally, independent research proves that TomTom products have a significant positive effect on driving and road safety. • TomTom offers a portfolio of content and services for TomTom's navigation products, which are easily available through TomTom HOME. • TomTom also provides navigation software products that integrate with third party devices; the TomTom NAVIGATOR software for PDAs and smartphones. • TomTom WORK combines industry leading communication and smart navigation technology with leading edge tracking and tracing expertise. • TomTom's products are sold through a network of leading retailers in30 countries and online. TomTom was founded in 1991 in Amsterdam and has officesin Europe, North America and Asia Pacific. TomTom is listed at Euronext,Amsterdam Stock Exchange in The Netherlands. -Ends- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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