SmallCapNews | Xploite wins £2.7m contract to supply state-of-the-art data centre

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Xploite wins £2.7m contract to supply state-of-the-art data centre

Industry Sector
Business Support Services

IT services group Xploite has picked up a £2.7 million contract through its Anix business to supply IBM technology as part of a £30 million roll out of a new data storage facility in Southampton.

As part of the agreement, Xploite will supply the centre with innovative 'pod' storage technology from IBM. Each pod is a self-contained data centre with up to 40 racks. The overall facility has the capacity for 1,800 racks and will be built out on an as-required basis. It is estimated by the company to be complete within three years.

Ian Smith, Xploite's chief executive, commented: "This is an ideal arrangement for Xploite. Whilst the centre will be able to leverage our Tier 1 relationship with IBM, Anix gains direct access to the development's state-of-the-art facilities. The managed services arm of Anix is expected to grow 40% organically this year, and this contract ensures we'll be able to meet our customers' growing needs with ease."

Wednesday, April 23, 2008

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Xploite plc

Description
Xploite discovers, consolidates and develops innovative, high growth businesses in the IT services marketplace. Xploite is an IT services group that creates value by exploiting opportunities within the rapidly evolving IT services marketplace.

URL
http://www.xploite.com

Chairman
John Standen

CEO
Ian Smith

FD
Robert Arrowsmith

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