19th Jun 2015 13:47
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, announces that at its Annual General Meeting held earlier today, all resolutions were duly passed.
RapidCloud International Plc Raymond Chee, Managing Director David Cotterell, Chairman
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WH Ireland, Nominated Adviser and Broker Adrian Hadden Mark Leonard
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Walbrook, Financial PR and IR Paul Cornelius Guy McDougall | Tel: +44 (0)20 7933 8780
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About RapidCloud
RapidCloud, provides computing services, web-hosting and proprietary web-solutions, such as web-site building and e-commerce solutions. 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 over 42,000. 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, Indonesia, Singapore, Thailand and the Philippines. 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.
For further information, please visit www.rapidcloudasia.com
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