Outsourcery is one of few independent pure-play Cloud Service Providers #"CSPs"# and is establishing market
leadership in the UK# The business was founded in 2007 by its co-CEOs, Piers Linney and Simon Newton#
Outsourcery is positioned to take advantage of the systemic market shift in the provisioning of ICT from an "on-premise" or "managed service" deployment model to a Cloud-based model# The adoption of the Cloud is driven by a wide range of factors including a reduction in the total cost of ownership, operational agility, productivity and scalability#

The Company today provides a wide range of Cloud-based services via its network of partners to both larger
enterprises and SMEs# These services are deployed on its proprietary O-Cloud platform, which is housed in a third-party enterprise grade datacentre

Outsourcery was admitted to London's Alternative Investment Market #AIM# on 24th May 2013#
The information disclosed in this section and elsewhere within the Investor Centre is in accordance with Rule 26 of AIM Rules for companies#

http://www#outsourcery#co#uk/Pages/Home#aspx

22 May 2013

Outsourcery plc

Admission to trading on AIM

Outsourcery plc (“Outsourcery” or the “Company”), the pure-play provider of Cloud-based IT and communications services (“ICT”), is to be admitted to AIM with a market capitalisation of £34.6 million.

A Placing, arranged by Investec Investment Bank (“Investec”) with institutional and other investors, has raised approximately £13 million, before expenses. Trading in Outsourcery shares is expected to start on Friday 24 May 2013.

The business
• Outsourcery is one of few independent pure-play Cloud Service Providers (“CSPs”) and is establishing market leadership in the UK
• Outsourcery is positioned to take advantage of the systemic market shift in the provisioning of ICT from an “on-premise” or “managed service” deployment model to a Cloud-based model
• Outsourcery provides a wide range of Cloud-based IT and communications services via its network of partners to both larger enterprises and SMEs. Outsourcery has secured commercial relationships with companies such as Vodafone, Virgin Media Business, BT, HP and Atos to enable these and over two hundred smaller partners to deliver Cloud Services to their end-customers
• The Group has won a number of notable direct customer contracts, including Pearson plc and London Business School
• Outsourcery works closely with its partner network to deploy its Cloud Services to their end-customer base

Admission details
• Outsourcery will have a market capitalisation, at the placing price of 110p per share, of £34.6 million on Admission
• Placing of 11,542,642 Ordinary Shares at 110p per share to raise:
o £11.0 million, before expenses, to fund the Group to cash flow break-even
o £1.7 million, before expenses, representing the realisation of capitalised loans
• Dealings are expected to commence on AIM at 8.00am, Friday 24 May 2013. (Ticker symbol: OUT)
• Investec is acting as Nominated Adviser and Broker and acted as sole book-runner on the Placing

Key strengths

• Outsourcery’s Cloud Services are deployed on its proprietary O-Cloud platform. The Directors estimate that the Group has invested approximately £30 million to date in developing its business and the O-Cloud platform
• Outsourcery’s O-Cloud platform led to the Company being selected as a Finalist for the Microsoft Service Platform of the Year Award 2013, recognising the Company as one of the top three Microsoft-based Cloud platform service providers globally and the leader in the UK
• Outsourcery has established itself as the UK’s leading independent CSP, as demonstrated by its recognition as Microsoft’s global Hosting Partner of the Year 2010, Microsoft’s global Dynamics Partner of the Year 2010, acting as a UK launch partner for Microsoft Lync and Windows Server in 2012 and by the commercial relationships it has built
• Outsourcery’s near-term growth will be assisted by its focus on Microsoft technology through Microsoft’s significant market share (95% of desktops worldwide), its “ground-breaking” Lync product, and its commitment to transition to the delivery of its applications from the cloud through partners such as Outsourcery
• Outsourcery’s O-Cloud platform can also be used by customers for the deployment of a broad range of software applications which are not limited to Microsoft. Outsourcery is well positioned to deliver a wide range, if not all, of an organisation’s IT and unified communications requirements through the Cloud
• Outsourcery’s business model is focused on subscription-based customer contracts, providing a growing base of recurring revenues, leveraging its a stable overhead cost base and low ongoing requirement for capital expenditure

Piers Linney, Outsourcery’s Co-CEO, said:

“We have invested in and developed a world-leading and enterprise-grade platform for growth which was recognised earlier this week when Outsourcery was selected as one of three finalists for Microsoft’s worldwide Server Platform Partner of the Year 2013 award.

“We aim to exploit the opportunities we are seeing at this exciting time in our development and see this fundraising as a great endorsement of our business model, technology platform and growth prospects. The funds will enable us to continue to grow rapidly, support the development of our portfolio of unique products and provide the financial resources to help us scale our business and our leading market position.”

Dreamcatcher

Thanks for posting a very comprehensive introduction to Outsourcery.

I invested early on Friday morning. The more I read about this company the more certain I am that we have a mega growth story ahead. No wonder Black Rock and Soros have also invested.

Thanks 4PetesSake, I enjoy running the threads as well as the investment part .
Lets hope this one comes right for us.

Doubled my holding here today, should really have bought more last Friday, Average of 130p is okay though. This could take us on a very interesting journey.

Pete

RNS

Quantum Partners LP have taken an 8.26% holding in Outsourcery.

Who are they? A Cayman Islands exempted limited partnership ("Quantum Partners"). SFM UK Management LLP, a sub-advisor to Soros Fund Management LLC.

http://www.investegate.co.uk/outsourcery-plc--out-/rns/holding-s--in-company/201305281703047262F/

So pleased I topped up earlier.

All bodes well. :-))

RNS - 3 year Virgin Contract

http://www.investegate.co.uk/outsourcery-plc--out-/rns/partnership-agreement/201305300700098492F/

Not bad within the first week of their float.

Living the dream.

Pete

Shares -

Market report: Outsourcery sparkles


Pure cloud services supplier Outsourcery (OUT:AIM) has brought a sparkle to its share price since last week’s stockmarket debut. The group has today unveiled a deal with Virgin Media’s (VMED) business arm to resell its services suite to enterprise customers. The £40 million cap joined the London market on 24 May at 110p and the shares have rallied strongly, adding another 1.5p today to 129p.

3 Separate RNS's were released today?

11.43am - Black Rock Inc have a holding of 9.14%
http://www.investegate.co.uk/outsourcery-plc--out-/rns/holding-s--in-company/201305311143300176G/

11.47am - Black Rock Smaller Companies Trust PLC have a holding of 3.08%
http://www.investegate.co.uk/outsourcery-plc--out-/rns/holding-s--in-company/201305311147590178G/

11.49am - Black Rock UK Smaller Companies Fund have a holding of 3.42%
http://www.investegate.co.uk/outsourcery-plc--out-/rns/holding-s--in-company/201305311149420181G/

So in total Black Rock already have a holding of 15.64% - Quite substantial.

I am sure that if more folks were aware of this then the SP would have advanced considerably today. Give it time.

But just who are Black Rock?

According to Wikipedia - BlackRock, Inc. is a multinational investment management corporation based in New York City. As the world's largest asset manager, BlackRock is a leading provider of investment, advisory, and risk management solutions. The company acquired Barclays Global Investors in December 2009, solidifying its position as the largest investment manager in the world. As of September 30, 2012, BlackRock has $3.67 trillion in assets under management.

Founded in 1988, initially offering fixed income products, BlackRock has since evolved into a prominent financial vehicle. According to Ralph Schlosstein, CEO of Evercore Partners, a New York-based investment bank: “BlackRock today is one of, if not the most influential financial institution in the world”.

Yet somehow Black Rock see the benefit of owning almost a sixth of little Outsourcery, I very much doubt that they did this without a lot of background research. Add to this the other II's that have already taken stakes and PI's have every reason to be confident in the future.

Supply Agreement

Outsourcery selected as supplier on Government's G Cloud Framework

Outsourcery plc (AIM: OUT, "Outsourcery", "the Group"), a world-leading provider of cloud-based IT and unified communications services, has been accepted onto the Government's G Cloud Framework. The G Cloud is the mechanism by which public sector organisations can procure flexible cloud-based services to allow them to take advantage of new technologies and achieve business benefits.

The acceptance of a number of Outsourcery's products, including Platform as a Service (PaaS) and Software as a Service (SaaS), is a strong affirmation of the Group's security credentials.

I may regret this, but due to the limited newsflow, drifting SP and minimal trading activity, I'm OUT. I feel that in the Cloud, COMS is a far better prospect.

No regrets, moved it to Coms which has risen 50% since I did so.

Channel product of the year award

RNS


RNS Number : 6458H

Outsourcery PLC

24 June 2013






24 June 2013



Outsourcery plc



Awarded Channel Product of the Year 2013



Outsourcery plc (AIM: OUT, "Outsourcery", "the Group"), a world-leading provider of cloud-based IT and unified communications services, has been awarded Most Innovative Channel Product of the Year as well as the Overall Channel Product of the Year for its Unified Lync solution.



The Comms Business awards celebrate the successes of the reseller community, vendors, distributers and service providers and took place on 20 June 2013.

Outsourcery's Unified Lync solution was chosen out of five finalists for the category of Most Innovative Channel Product (Cloud Based Solution Deployed). Outsourcery Unified Lync is an enterprise class service, delivered from a carrier-grade telco platform, which delivers a full range of features from the cloud.

Outsourcery has built a flexible activation model that helps partners understand the market opportunity for Lync and also helps them build their own Unified Communications business with Unified Lync at the core.

Piers Linney, Co-CEO of Outsourcery commented:

"We are honoured to have been awarded both Channel Product of the Year and Most Innovative Product of the year. It is a great endorsement of our offering and reflects the efforts and dedication of the whole team.

"We developed Unified Lync so partners could offer a flexible range of cloud-based communications tools with ease. It also has the added benefit of being able to provide Outsourcery's assistance through a partner's own brand.

"We pride ourselves on our relationships with our channel partners and our dedication to their solution based needs. We work to develop their own proposition to meet their needs.

23 Jul Investec 176.00 Buy

Just up a little over 10% since the IPO on May 13 at 110. A little way to go to catch some of the other technology recent Ipo's. Average gain is 128%.

In Thursdays Shares mag -

company ipo date ipo price (p) current price as at 26/7 gain

Blur Oct - 12 82 280 242%

Escher Aug - 11 170 227 34%

Fusionex Dec - 12 150 330 120%

Incadea May -12 75 109 45%

Ubisense June 11 180 204 13%

Wandisco June - 12 180 952 429%

Provision of secure cloud service with Microsoft

RNS


RNS Number : 6058O

Outsourcery PLC

23 September 2013






23 September 2013



Outsourcery plc



Outsourcery to launch new high security IL3 compliant cloud services for UK government based on latest Microsoft cloud technology designs



Outsourcery plc (AIM: OUT, 'Outsourcery'), the pure-play provider of cloud-based IT and unified communications services (ICT), announces that it is taking part in Microsoft Corporation's (NASDAQ: MSFT) initiative to accelerate the offering of IL3 compliant cloud services through its cloud operating systems network. Outsourcery will deploy and manage a new platform to provide secure cloud-based services to UK government and commercial sector organisations with similar security requirements. Microsoft will offer direct technology design and implementation support to this new state of the art platform. This is the first initiative of its kind in the UK market.



The public sector opportunity for Cloud Service Providers (CSPs), such as Outsourcery, is significant as the government transitions to cloud-based services. Outsourcery is already a recognised supplier to the Government Procurement Service, an executive agency of the Cabinet Office, through the G-Cloud Framework, alongside a number of its reseller partners, which provides access to 30,000 public sector organisations. Outsourcery is already ISO 27001 (Information Security) accredited and is capable of deploying 'IL2' accredited solutions, which are typically suitable for local government.



However, UK central government departments can require solutions that are accredited to the more stringent 'IL3' security level, which requires additional security and it to be hosted within UK borders. The UK government has introduced a Public Cloud First Policy mandate, which means that departments are now mandated to consider public cloud first in any IT procurement. It also wishes to see more flexible contracts and the involvement of UK SMEs in the delivery of services.



The government's annual hosting cost is estimated to be worth £2bn and the opportunity for new IL3 based services to address that market and deliver savings is substantial. In order to complement its Public Cloud services Microsoft is working with Outsourcery to support the introduction of an IL3 accredited platform based on next generation technology and hosted in the UK. This will be wholly-owned and managed by Outsourcery.



Unique to the UK market, the platform, a physically separated version of Outsourcery's existing 'O-Cloud' platform, will provide infrastructure-as-a-service, applications including Exchange Server, SharePoint and Dynamics CRM and Lync Server based unified communications with full voice capability. The second phase of the offering will also include data storage, archiving, backup, followed by services for Big Data analytics. As the leading UK CSP, Outsourcery is particularly well-placed to provide the UK government with a complete set of cloud-based offerings.



The platform is due to be launched in 2014 and Outsourcery will be working closely with its existing and new reseller partners, many of which are well-established suppliers to the UK government, on its go to market strategy. Outsourcery is already working on responses to central government tenders with its larger partners that will require IL3 compliance.



Piers Linney, Outsourcery's Co-CEO, said:



"The deployment of an IL3 compliant version of our O-Cloud platform, powered by Microsoft, is a very significant development for Outsourcery and we expect it to represent a material revenue stream by the end of 2015, in addition to our existing commercial sector business. We will provide the UK government (as well as security sensitive commercial sector organisations) the broadest offering of IL3 compliant and fully integrated cloud-based services available in the UK that will span platform, applications, unified communications and Big Data storage and analytics.



"As well as the involvement of Microsoft, our large partners have been asking for such a capability as the government increasingly embraces cloud-based solutions for its ICT requirements."

Half Year Results

Highlights

· Admitted to AIM in May 2013
· Revenue up 23.5% to £2.1 million (2012: £1.7 million):

- recurring revenue of £1.5 million
- non-recurring revenue of £0.6 million

· Monthly recurring revenue ("MRR") at 30 June 2013 of £0.3 million, giving annualised recurring revenue ("ARR") of £3.3 million
· MRR grown to over £0.4 million at 31 August 2013, giving ARR of £5.1 million
· Adjusted EBITDA showed a loss of £3.2 million (2012: loss of £3.9 million)
· Gross cash at 30 June 2013 of £7.3 million (2012: £1.1 million)
· Monthly recurring revenue growth expectations on track for December 2013, underpinning the year end exit run rate, with increasing pipeline visibility for 2014
· Partner network more than doubled since IPO, now exceeds 370 signed partners
· New strategic partnership signed with Ingram Micro, the world's largest technology distributor
· Virgin Media Business unified communications offering launched in September 2013
· Partnership agreement with Microsoft Corporation signed in September 2013 to deploy first IL3 accredited secure cloud platform for UK public sector
· Now a pure-play Cloud business following disposal of mobile distribution business

,

LISTEN: Piers Linney, Co-Founder, Outsourcery Plc #OUT - Preliminary results

Click here to listen

"Dragons' Den's Piers Linney keeps feet on ground and head in the cloud"

Coverage in The Telegraph today is probably the reason for the jump in sp. Could be more to come this week, the potential seems to be pretty good.