Maxima Holdings plc (AIM: MXM), the leading IT business systems and managed services company, is pleased to announce continued success for its managed services business, with a series of multi-year IT Managed Services contracts worth over £6.0 million.

Maxima's Managed Services, Infrastructure & Applications offering spans the desktop to the datacentre, and its recent Managed Services successes include contracts with:

  • A world-leading confectionary manufacturer - that has selected Maxima to provide a 3-year IT Managed Services contract valued at £2.75 million
  • A major UK Government Executive Agency - that has renewed an IT Managed Services contract to Maxima worth some £2.35 million over 2 years
  • A leading UK sports organisation - that has chosen Maxima to deliver a 3-year IT Managed Services contract valued at £0.48 million
  • Leading UK developer of high quality homes - that has selected Maxima to provide a 3-year IT Managed Services contract valued at £0.45 million.

Commenting on the company's recent IT Managed Services success, Maxima Managing Director Fraser Fisher said:

"Following our recent decision to focus the company around the delivery of managed services to our customers, we're delighted to report our recent contract successes that clearly show that our turnaround strategy is on track.

"Securing IT Managed Service contracts worth some £6 million clearly shows there's a strong demand for the kind of high quality, specialist Managed Services that Maxima provides, and that the company is competing strongly in this important market area. We're also pleased to strengthen our recurring revenue base, as we continue to develop our offering in key IT Managed Services areas such as hosting, outsourcing, application & infrastructure management, cloud and virtualisation."

Notes to Editors:

Maxima (AIM:MXM) is a leading provider of IT business systems and managed services, helps organisations across the UK & Ireland to increase their productivity, reduce their business costs and streamline their processes. The company's IT Managed Services operations support all aspects of cloud computing delivery, including Infrastructure as a Service, Platform as a Service and Software as a Service capabilities. Core Maxima services include virtualisation, web connectivity, application management, infrastructure management & IT outsourcing. For more information, please visit www.maxima.co.uk

Enquiries

Maxima Holdings plc
Ian Smith - Executive Chairman - Tel: +44 (0)1242 211 211
David Memory - Chief Financial Officer - Tel: +44 (0)1242 211 211

Cenkos (Nominated advisor to the Company)
Stephen Keys / Adrian Hargrave - Tel: +44 (0)20 7397 8900

MHP Communications
Reg Hoare / James White / Vicky Watkins - Tel: +44 (0)20 3128 8100

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