# RedstoneConnect plc secures multi-million pound infrastructure contract

- Link: https://www.directorstalkinterviews.com/redstoneconnect-plc-secures-multi-million-pound-infrastructure-contract/412735586
- Published: 2017-09-19T07:41:01+01:00
- Author: Giles Arbor

**RedstoneConnect plc** (LON:REDS), a leading provider of technology and services
for smart buildings and commercial spaces, has today announced that it has secured
a contract worth circa £5.5 million to provide IT infrastructure to a leading global
financial institution (‘the Client’).

Part of this agreement will see the Company connect over 45,000 data points across
a state of the art network housed within the Client’s new flagship 850,000 sq. ft.
London office. Once completed, the building is expected to be one of the most technologically
advanced in the UK.

The contract is expected to generate income for the Company in both the current 
financial year and the financial year ended 31 January 2019.

> **Mark Braund, CEO of RedstoneConnect plc, commented:** “This is a great win for
> RedstoneConnect and is our largest contract since we undertook the UBS installation
> in 2016. Having worked alongside the Client for a number of years, we are delighted
> to be contributing to what we believe will be one of the most technically advanced
> buildings in the UK.
> “Given our track record and technical expertise in the field of smart technology,
> we hope to further support this highly prestigious client as they both evaluate
> and install additional infrastructure on this groundbreaking project.”

Share on: