27th Jun 2014 17:18
27 June 2014
RapidCloud International Plc
("RapidCloud", the "Company" or the "Group")
Result of Annual General Meeting
RapidCloud International plc (AIM: RCI), the Southeast Asian based software solutions provider offering subscription services through all segments of cloud computing, is pleased to announce that at its Annual General Meeting held earlier today all resolutions were passed.
-Ends-
For further information, please visit www.rapidcloudasia.com or contact:
RapidCloud International Plc Raymond Chee, Managing Director David Cotterell, Chairman |
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Allenby Capital, Nominated Adviser and Broker Alex Price Jeremy Porter Chris Crawford | Tel: +44 (0)20 3328 5656
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Walbrook, Financial PR and IR Bob Huxford Guy McDougall | Tel: 44 (0)20 7933 8792
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About RapidCloud
RapidCloud, one of the few integrated subscription-based computing solutions providers in Malaysia that offers its services through all three currently available segments of cloud computing. The Company is based in Southeast Asia and is one of the few solutions providers in the region to deliver its offerings through all three available Cloud Computing segments, i.e. Software-as-a-Service, Infrastructure-as-a-Service and Platform-as-a-Service.
Formed in 1999 the Company has a well-established cloud offering with a customer base of 37,700. These are predominantly SMEs but also include blue-chip clients such as Deloitte, BAE Systems and Canon, for which RapidCloud's extensive R&D department creates bespoke software solutions.
RapidCloud currently has operations in Malaysia, Thailand and the Philippines and has plans to expand into Indonesia. According to industry research commissioned by RapidCloud from Frost & Sullivan in 2013, the Cloud Computing industry in Asia Pacific is expected to grow at a CAGR of 49.6% between 2013 and 2015, giving a market size of US45.6 billion by 2015.
RapidCloud International plc was admitted to AIM on 14 August 2013.
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