Maxima Holdings plc : Maxima off to flying start with new contracts totalling £2 million.

("Maxima" or "the company")

Maxima Holdings plc (AIM: MXM), the leading IT business systems and managed services company, is pleased to announce a strong start to their new financial year, having secured significant new contracts, totalling £2 million since June 2012.

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

1. A major UK insurer,
2. Leading confectionary manufacturers,
3. A UK telecommunications company; and
4. A major automotive company.

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

"We're delighted to have secured multiple important contracts in a range of industries. These recent successes demonstrate that our turnaround strategy to focus on our core IT Managed Services offerings such as secure application & infrastructure management, cloud and virtualisation is clearly working."

For further information please contact:

Maxima Holdings plc
Ian Smith - Executive Chairman - Tel: [phone]
David Memory - Chief Financial Officer - Tel: [phone]

Cenkos (Nominated advisor to the Company)
Stephen Keys / Adrian Hargrave - Tel: [phone]

MHP Communications
Reg Hoare / James White / Vicky Watkins - Tel: [phone]

Notes to Editors:

Maxima (AIM:MXM) is a leading provider of IT business systems and managed services, helps organisations 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