Redcentric plc is a mid-market network-based managed services business delivering information and communications technology (ICT) solutions and services. The Company delivers services, such as designing, implementing, securing and maintaining ICT networks; hosting services, software and data in the cloud, and managing the ICT environment utilized in the delivery of the services, software and data. It offers a range of network-based managed services solutions, including Managed security services, Connectivity solutions, Unified communications solutions, Hosted applications/Cloud services, Physical and virtual data centre services, and ICT project and hardware maintenance services. The Company was formed to facilitate the demerger of the network-based managed services business from the Redstone Group. On April 8, 2013 Redcentric Holdings Limited, a wholly owned subsidiary was demerged from Redstone plc.

http://www.redcentricplc.com/

05/12/13 11:16 Redcentric PLC (RCN) Redcentric shareholders approve acquisition



Redcentric shareholders approve acquisition

StockMarketWire.com

Managed services firm Redcentric (LON:RCN), has announced that shareholders have approved the £65 milllion cash acquisition of InTechnology Managed Services. All resolutions contained in the Notice of General Meeting circulated to Shareholders on 18 November 2013 were passed at the General Meeting held earlier today.

As a result of the resolutions being passed, the acquisition of InTechnology is expected to complete at 8.00 a.m. on 6 December 2013. As previously advised, the Company has placed 80,000,000 new ordinary shares at 80 pence per share to raise £64 million before costs to part-fund the Acquisition.

The enlarged entity is expected to be re-admitted to trading on AIM under the TIDM "RCN" and the ISIN GB00B7TW1V39, with first dealings expected to commence at 8.00 a.m. on 6 December 2013.

Tony Weaver, Chief Executive Officer of Redcentric said: "The Board has been encouraged by the positive reaction from both customers and investors to this transformational acquisition. We are focused on the job of integrating the businesses and creating the most successful independent managed services business in the UK".

Redcentric acquire InTechnology’s Managed Services business. November 20, 2013



Considering we saw little M&A activity in the Hosted VoIP market at the start of 2013, the last few months have seen significant changes in the makeup of the market. We have already seen Broadsoft acquire HIPCOM in August and 8X8 purchase Voicenet Solutions last week and now Redcentric has announced that they have bought InTechnology in a £65 million cash acquisition.

Redcentric, a spin off of Redstone, purchase signifies a move which Tony Weaver, CEO of Redstone, claims will create “the leading independent managed services business in the UK”.

This move has formed so far the third biggest B2B networking and data player in the UK market with only Daisy and Easynet who are significantly larger then Redcentric now are. With an increasingly fragmented market, moves such as these are giving companies a way to push through the barrier of being ‘midmarket’ and with further M&A activity the makeup of the market could be set for a significant change.


http://matttownend.wordpress.com/2013/11/20/redcentric-acquire-intechnologys-managed-services-business/

Interim Results

RNS


RNS Number : 6897V

Redcentric PLC

17 December 2013




17 December 2013

Redcentric plc

("Redcentric", "the Company" or "the Group")

Unaudited Interim Results for the eight months ending 30 September 2013

Redcentric plc (AIM:RCN), a leading UK IT managed services provider, today announces its interim results for the eight months ended 30 September 2013, being the first published results for the company since incorporation on 11 February 2013, and subsequent admission to AIM on 24 April 2013.



Operating Highlights



§ Results comprise six months trading of the managed services business demerged from Redstone plc on 8 April 2013. There was no trading activity prior to the demerger

§ Revenue of £21.0 million, in line with management expectation as disclosed in the Admission Document indication dated 18 November 2013

§ Adjusted EBITDA* £3.6 million, ahead of management expectation of £3.5 million

§ Adjusted EBITDA* return on revenue 17.1%

§ Gross profit margin 48.7%

§ Net Debt £12.1 million, lower than £12.3 million management expectation

§ Contracts comprising approximately £12 million of managed service revenue over 3 years won or extended in the first period of trading commencing 8 April 2013

§ Post period acquisition of InTechnology Managed Services Limited ("IMS") for cash consideration of £65.0 million



Richard Ramsay, Chairman of Redcentric commented:

"The Board is excited about the prospects of Redcentric as an independent business; early signs are that the company is successfully winning further business from its existing customer base and new customers. Following the successful acquisition of IMS, the company has a stronger competitive position in the market, with increased scale and capability, and is well placed to benefit from increasing demand for outsourced managed services."



Tony Weaver, Chief Executive of Redcentric commented:

"These are exciting times in the development of Redcentric, which has been significantly accelerated by the acquisition of IMS. I look forward to integrating the two businesses and demonstrating their combined potential for delivering shareholder value."



*Before net finance costs, tax, depreciation, amortisation, integration & strategy costs and share based payments

Enquiries:

Contract Win

RNS


RNS Number : 9568Z

Redcentric PLC

13 February 2014




13 February 2014

Redcentric plc

("Redcentric")

Contract Win



Redcentric plc (AIM:RCN), a leading UK IT managed services provider, is pleased to announce a new contract win with a large specialist electrical retailing and services company. Redcentric will support one of the retailer's branded businesses (the "client") as it rolls-out a new services and support offering to the SME business market.



The contract will see the client offer a full range of IT services and support through its technology service and support brand. The services supported and delivered by Redcentric will include hosted cloud, broadband, servers and storage, backup and network monitoring. Redcentric will also consult the client's new business customers on their IT needs.



Fraser Fisher, COO of Redcentric, commented: "We are delighted to have been selected to work with this well-known retailer to deliver enterprise-class computing to smaller businesses in the UK. As experts in delivering a wide range of cloud computing services we have the skillset and a secure IT infrastructure to support all of the client's end customer computing needs."

Contract Win

RNS


RNS Number : 6915A

Redcentric PLC

24 February 2014






24 February 2014

Redcentric plc

("Redcentric" or "the Group")

Contract Win



Redcentric plc (AIM:RCN), a leading UK IT managed services provider, is pleased to announce a major contract win with an NHS partner, on a project to deliver enhanced IT infrastructure for the health and social care sector.



The contract was won and will be fulfilled by Intechnology Managed Services Limited, the wholly owned subsidiary acquired by Redcentric in December 2013. The NHS client awarded the contract having recognised that Redcentric is one of a handful of managed service providers to offer an accredited N3 connection service across a number of geographically dispersed state-of-the-art data centres with proven expertise in delivering Cloud services to the health sector. The contract is a multi-year agreement with annual revenues from the initial deployment expected to be a seven figure sum.



As a result of this partnership, the NHS client will benefit from cost savings, 24/7/365 hands and eyes support, and impressive levels of data centre and network resilience. Furthermore, the Group's accreditations ensure strict information governance, enabling it to provide the most robust environment to support such critical national programs.



Fraser Fisher, Chief Operating Officer of Redcentric commented: "I am encouraged to see InTechnology continuing to win large and complex contracts. This win leverages the enlarged Group's data centre and network assets and our service offering is supported by a wealth of industry accreditations and a proven capability in the healthcare sector."
----------------------------------------------------------------------------------------------



24 Feb N+1 Singer N/A Corporate
24 Feb Finncap 135.00 Corporate

Pre-close Trading Update

RNS


RNS Number : 5433D

Redcentric PLC

31 March 2014






31 March 2014



Redcentric plc



("Redcentric" or "the Group")



Pre-close Trading Update



Redcentric plc (AIM:RCN), a leading UK IT managed services provider announces a pre-close trading update. The Group expects to report its preliminary results for the financial year ended 31 March 2014 on 16 June 2014.

Summary

· Trading comfortably in line with market expectations

· Recent contract wins and pipeline underpin positive outlook for FY 2015

· Strong Q4 cash flow

· Integration of inTechnology is on plan

· Intention to pay maiden dividend re-affirmed

Trading

Trading across the Group has continued to be in line with the Board's expectations and consequently Redcentric expects its results for the year ended 31 March 2014 to be comfortably in line with market expectations. The Group enters its new financial year with a good pipeline of new business opportunities underpinned by recent contract wins.

The Board has been pleased to see sustained improvements in operating cash flow conversion from the first half of the year following the expected unwind of working capital in the Redcentric business. Redcentric currently anticipates that net debt at the year-end will be in the region of £12.5 million and is expected to reduce significantly during 2014.

Integration

Redcentric remains on target to realise the synergies anticipated at the time of the acquisition of inTechnology Managed Services ("inTechnology"). The integration of the two businesses is progressing as planned as the Group seeks to combine all of its operations. A group operating board has been established across Sales, Operations and Finance and the integration programme will continue through FY2015 although the accounting and billing functions should be unified within the first half of the year.

Dividend

The Group reaffirms its intention to declare a maiden dividend with its results for the year ended 31 March 2014 marking the start of a progressive dividend policy.

Outlook

The acquisition of inTechnology is delivering the benefits that we expected. An encouraging pipeline and recent contract wins underpin organic growth which allied to a very strong base of contracted revenues puts the Group in a solid position to continue to deliver attractive shareholder returns.

Contract Wins

RNS


RNS Number : 8366F

Redcentric PLC

30 April 2014








30 April 2014

Redcentric plc

("Redcentric" or "the Group")

Contract Wins



Redcentric plc (AIM: RCN), a leading UK IT managed services provider, is pleased to announce a number of contract wins which will generate circa £3 million revenue. The contract periods range from three to six years.



The first contract is for a global insurance brokerage. Redcentric will deliver a hosted and fully managed Microsoft Lync platform which will service 1,400 users across 40 sites, allowing the client to benefit from a fully flexible and scalable service and subsequent cost savings.



The second contract for an NHS Trust partner, secured following a competitive tender process, is a three year managed service contract delivering and supporting an enhanced IT infrastructure. The network will be used to support mobile clinical data applications and wireless voice. The contract has the potential to extend to include a second phase of rollout later in 2014.



The third contract is for a commercial property consultancy firm. The customer has signed a six year contract for Redcentric to manage an Infrastructure as a Service (IaaS) solution for a business critical application. Redcentric is working closely with the client to support its migration of a number of business critical applications into the cloud.





Tony Weaver, CEO of Redcentric, commented:

"We are delighted to announce a series of significant new, multi-year contracts for the Group. These new contract wins are strong validation of our proposition to provide a wide variety of fully managed services and long term support services to our customers. We look forward to working with our clients as their trusted technology partner."

Contract Win

RNS


RNS Number : 8622I

Redcentric PLC

05 June 2014






5 June 2014

Redcentric plc

("Redcentric" or "the Group")

Contract Win



Redcentric plc (AIM:RCN), a leading UK IT managed services provider, is pleased to announce that it has won a major new contract with an NHS partner, worth in excess of £5 million.



The two year contract is to provide a unique solution engineered for application performance, providing fast processing and quicker application deployment, making its big data more manageable. The contract was procured through GCloud and is in addition to an earlier agreement with the same partner announced on 24 February 2014. Redcentric will also deliver a range of services including networking services and virtual desktop infrastructure (VDI).

Tony Weaver, CEO of Redcentric plc, comments, "We are delighted to be able to announce this further contract with an existing partner, which is an endorsement of the solutions and service levels provided by Redcentric. This is the latest in a series of significant multi-year contract wins as Redcentric continues to be seen as the managed services provider of choice."

Final Results

RNS


RNS Number : 6498J

Redcentric PLC

16 June 2014






16 June 2014

Redcentric plc

("Redcentric", "the Company" or "the Group")



Audited Results for the period* ending 31 March 2014

Redcentric plc (AIM:RCN), a leading UK IT managed services provider, today announces its results for the period* ended 31 March 2014, being the maiden published results for the Company since incorporation and admission to AIM.

Highlights

· Strong results, with revenue, profit and cash all ahead of management expectations

· Revenue of £58.3m; 83% derived from services, 78% is recurring on a pro-forma** basis

· Adjusted EBITDA*** of £10.5m, representing an EBITDA margin of 18%

· Pro-forma revenues of £87.4m and EBITDA of £16.2m, synergies of £3m anticipated

· Strong cash-flow: net bank debt at 31 March 2014 of £12.3m, with cash conversion**** of 86% for the period (H2: 128%)

· Significant contract wins, with strong sales pipeline and momentum, over £10m of new contract wins announced since year-end

· Maiden dividend of 1.0p per share in respect of the period ending 31 March 2014

· Statutory profit of £1.8m

· Completion of reverse takeover of InTechnology Managed Services Limited ("IMS") and placing to raise £64 million in December 2013

· Integration of InTechnology Managed Services ("IMS") on track and delivering benefits in line with expectations

· Management confident about outlook



Richard Ramsay, Chairman of Redcentric commented:

"I am happy that these results demonstrate excellent progress in a year of transformation for the Company. The integration of IMS with Redcentric is on track, and is delivering the benefits anticipated at the time of the acquisition. The sales pipeline is strong, and there is growing momentum in the business, with a number of significant new contract wins demonstrating our customers' confidence. Whilst there will inevitably be challenges along the way, the Board has great confidence in the future of the business and looks forward to increasing value for shareholders over the years ahead."

Tony Weaver, Chief Executive of Redcentric commented:

"We are making great progress in integrating the managed services business which was demerged from Redstone with IMS, comfortably achieving the synergies identified at the time of acquisition. We have created a focused business of significant scale, and with the flexibility and expertise to respond to our customers and work with them closely to help deliver their objectives. Redcentric has the momentum, ambition and financial strength to expand its capabilities. The Board and management team have every confidence that we will be able to grow the Company and deliver increasing shareholder value in the future."



* The results reflect the twelve month trading period from the effective date of demerger from Redstone Plc ("Redstone") on 8th April 2013, although the accounts cover the period from incorporation on 11th February 2013. There was no trading activity in the Company prior to 8th April 2013.

** Including the results of IMS as if it had been part of the Group for the full twelve month trading period. These figures are based on unaudited management information.

*** Earnings before net finance costs, tax, depreciation, amortisation of acquired intangibles, transaction and integration costs and share based payments

**** Ratio of operating cash-flow before capital expenditure, transaction and integration costs, interest, tax and acquisitions to EBITDA

Ex divi 30 July - 1p

Trading update and AGM statement

RNS


RNS Number : 5934O

Redcentric PLC

08 August 2014






8 August 2014

Redcentric plc

("Redcentric", "the Company" or "the Group")



Trading update and AGM statement

Redcentric plc (AIM:RCN), a leading UK IT managed services provider, is today issuing a trading update covering trading and financial progress in the year to date. This statement will be made at Redcentric's Annual General Meeting which is taking place at 12.00pm today at 100 Fetter Lane, London, EC4A 1BN.

Trading update

· Strong first quarter, delivering on all key performance indicators

· Organic growth at top end of management expectations

· Strong Q4 cash flow has continued into Q1, demonstrated by payment of maiden dividend

· Integration proceeding well

· Comfortable with full year market expectations

Financial performance in the first quarter of the year has continued to be strong, with revenue and profitability in line with management's expectations. This represents a significant improvement in year-on-year performance, with organic growth at the upper end of management's expectations. Cash generation has continued to be strong, allowing continued progress in net debt reduction, comfortably in line with plans. The Company's maiden dividend of 1.0p per share will be paid to shareholders on 5 September 2014.

Order intake has been strong; the Company has signed a significant number of new contracts in the period, both with new customers, and with existing customers for the provision of additional services. This progress underpins the Boards confidence in meeting full year expectations.

The integration of InTechnology Managed Services ("IMS") (acquired in December 2013) with Redcentric continues to progress well. The majority of the integration work was performed in the prior financial period leading to the expected synergies being delivered in the current financial year. As part of the integration work programme, unified branding has been launched across the Group, and as from 1 July 2014 all trading is taking place from a single legal entity, and from a single set of core systems.

Tony Weaver, Chief Executive of Redcentric commented:

"Following a strong performance last year, the trading pattern in the first quarter has continued. We are pleased that so many new and existing customers are recognising the work our team has done in creating one of the UK's leading managed service providers, and are committing themselves to Redcentric in increasing numbers. Our underlying platforms and infrastructure continue to grow in strength as we work towards completing the integration of IMS with Redcentric. We remain confident of continued good progress throughout the year."

8 Aug finnCap 150.00 Corporate

Pre-close trading update

RNS


RNS Number : 7750S

Redcentric PLC

29 September 2014






29 September 2014

Redcentric plc

("Redcentric" or "the Group")



Pre-close trading update

Redcentric plc (AIM:RCN), a leading UK IT managed services provider, is today issuing a pre-close trading update covering trading and financial progress in the six months to 30 September 2014. The Group expects to announce its interim results on Monday 17th November 2014.

Trading update

· Strong first half with revenue and EBITDA comfortably in line with expectations

· Increased order intake with strong organic growth

· Cash generation continues to be strong, net debt lower than anticipated

· Maiden dividend paid, interim dividend expected to be paid in February 2015

· Encouraging H1 underpins confidence in achieving full year market expectations

· Low level of gearing and highly cash generative nature of business provides freedom to consider strategic acquisitions alongside a progressive dividend policy

The business continues to perform well and consistently in line with expectations, with improved levels of order intake driving strong organic revenue growth. With integration activities proceeding to plan, profitability has increased substantially.

Cash generation has improved significantly since the comparative period in the prior year, which has resulted in net debt being lower than anticipated. The 1.0p per share maiden dividend was paid in September 2014 and the Company expects that an interim dividend will be paid in February 2015. The Group has substantial headroom in its bank facilities.

During the first half we have achieved several significant milestones, ahead of schedule, with the integration of InTechnology Managed Services Limited which was acquired in December 2013. From July 2014 we have fully adopted a single brand in the market and are trading from a single legal entity, using a core set of unified systems and processes. From September 2014 all customer support has been integrated and is being carried out from a single service desk and unified support system in our Harrogate head office. This evidences the deep and thorough nature of the integration being undertaken, and has resulted in a much stronger enlarged business from which to grow.



Tony Weaver, Chief Executive of Redcentric commented:

"I am delighted that the progress noted at our AGM in August has continued, and we expect to report a strong set of first half metrics in November.

"Our market remains subject to change, which we believe will continue to offer attractive opportunities for Redcentric to capitalise on as a leading independent provider. Our primary objective remains to deliver revenue growth, EBITDA margins in excess of 20 per cent. and attractive returns to shareholders. Our proven ability to generate cash and pay down debt provides us with a strong balance sheet to consider acquisitions that may help us to achieve these objectives, while surplus cash can be applied to our progressive dividend policy."

Shares -There's talk too of further acquisitions, something to excite investors since chief exec officer Tony Weaver has a track record of extracting value by bolting businesses together. A 150p share price target is reitererated by FinnCap which we believe could prove too conservative.

MARK SLATER: Six undervalued shares with the potential to become takeover targets


For its part, Redcentric is tapping into the rapidly growing demand for online storage and already has ‘sunk costs’ and infrastructure in place owning its own network and UK data centres on long term leases. Among other things, the company helps mid-sized customers transition and migrate their storage away from traditional company-owned servers to the Cloud.

The company is forecast to reach critical mass in terms of turnover (c. £100m) in the year ending March 2016. Itself a predator and a consolidator having acquired InTechnology, Redcentric sees potential for continued industry consolidation. Reportedly, there are a number of sub-optimal players in the £20m to £40m turnover range representing potential acquisition targets.

As recently as July there was evidence of more potential M&A activity when rival Iomart Group received a short-lived approach from a private equity firm regarding a possible cash offer. Redcentric itself is not immune from an approach.

Potential M&A activity aside, Redcentric is reasonably priced on a forward PE of 14x which compares favourably with a forecast earnings growth rate of 28% (Source: Company REFS 24.09.14). Reassuringly, the company has very good visibility of earnings with c. 78% recurring revenues.




http://www.dailymail.co.uk/money/investing/article-2801514/mark-slater-six-shares-potential-takeover-targets.html

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 31/10/2014, 12 days ago, when the stock price was 120.6500. Since then RCN.L has risen by +6.51%.

Market Outlook

Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside.


http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=RCN.L

Interim results Mon 17 Nov

Interim Results

RNS


RNS Number : 1334X

Redcentric PLC

17 November 2014






17 November 2014

Redcentric plc

("Redcentric", "the Company" or "the Group")



Unaudited Interim Results for the six months ending 30 September 2014

Redcentric plc (AIM:RCN), a leading UK IT managed services provider, today announces its interim results for the six months ended 30 September 2014.

Highlights

· Revenue up 123% to £46.8m (H1 FY14: £21.0m), representing 11% organic growth

o Recurring revenue represents 80% of total (H1 FY14: 67%)

· Adjusted EBITDA* up 181% to £10.1m (H1 FY14: £3.6m), representing 32% organic growth

o Adjusted EBITDA* margin of 21.5% (H1 FY14: 17.1%)

· Profit before tax up 374% to £3.9m (H1 FY14: £0.8m)

· Net bank debt reduced by £3.6m to £8.7m (31 March 2014: £12.3m)

· Interim dividend of 1.0p per share (H1 FY14: nil)

· Diluted EPS of 2.20p (H1 FY14: 1.98p). Adjusted diluted EPS** up 15% to 4.89p (H1 FY14: 4.27p)

Tony Weaver, Chief Executive of Redcentric commented:

"This has been a period of great progress for Redcentric. We have achieved some very significant milestones with the integration of InTechnology Managed Services, and have been operating as a single business for some time now. Our first half results reflect the strength and capability of Redcentric; the business continues to trade strongly in the second half of the year, giving the Board confidence in our future prospects."

Chris Cole, Chairman of Redcentric commented:

"Since joining the Board in September my expectation regarding the professionalism, enthusiasm and maturity of the Redcentric team has been confirmed. These results demonstrate that Redcentric is in a strong financial position and supported by a growing, loyal client base. Tony and his team have developed Redcentric into a leading player in the market and the Board is confident that the Group will continue to deliver increased shareholder value in the years ahead."



* Earnings before interest, tax, depreciation, amortisation of acquired intangibles, transaction and integration costs and share based payments.

** Adjusted Earnings Per Share excludes amortisation of acquired intangibles, transaction and integration costs and share based payments and uses underlying cash tax borne.

====================================================

17 Nov finnCap 150.00 Corporate

IC - Redcentric looks to be firing on all cylinders as a major beneficiary of 'Big data' and the 'internet of things', both of which are driving demand for data. But its shares have risen more than half this year, and now trade on 16 times forecast earnings - ahead of the average peer multiple of 15 times. HOLD.

Brainloop chooses Redcentric's cloud service

RNS


RNS Number : 0348A

Redcentric PLC

18 December 2014






18 December 2014

RNS Reach

Redcentric plc

("Redcentric")



Brainloop chooses Redcentric's cloud service to deliver UK secure document collaboration



Brainloop has chosen Redcentric's Platform as a Service (PaaS) to underpin its portfolio of simple, secure, collaboration tools in the UK. The PaaS will support Brainloop's UK customers in sharing, storage and collaboration between managers, board members, employees, business partners and others who need to communicate on sensitive documents.



The cooperation will see Redcentric ensure compliant provision of Brainloop's trusted document collaboration and information sharing services to some of the UK's leading banks, pharmaceutical and manufacturing organisations, as well as financial and legal services amongst others. Key to Brainloop's decision was Redcentric's ability to deliver a resilient and accredited infrastructure, along with geographically diverse UK data centres connected via its MPLS network. Redcentric has ISO27001 and ISO9001 certifications and is PCI Compliant for hosting services at its Harrogate and Reading Data Centres.



Already a highly successful secure collaboration service in Germany, Brainloop's UK service will see Redcentric deliver PaaS within UK regulatory and customer requirements. Brainloop selected Redcentric as its platform partner because of its specific UK focus and regulatory compliance, as well as the importance and focus it places on security. Delivering IT services in the cloud means that Brainloop will benefit from the flexibility to rapidly and easily scale up to meet demand as required.



Brainloop offers one of the securest collaboration solutions available and a Gartner report on Trusted SaaS Offerings for Secure Collaboration cites the company as among those offering "the highest levels of trust based on support tasks with specific regulatory requirements for privacy, confidentiality and integrity."



Mark Edge, Brainloop's Vice President of Sales and Country Manager UK, says "We undertook a comprehensive due diligence exercise and believe that we can build a strong, mutually respectful relationship with Redcentric. There was trust there from the outset; this was demonstrated by Redcentric's extremely detailed, transparent tender response."



Brainloop's solution is highly secure and effective because it allows employees to collaborate any time and on any devices, while the organisation maintains control and has full visibility of how information is used and by whom. Brainloop also delivers end to end enterprise content protection with solutions to suit every individual department and document type.



"The use of collaboration solutions in business has become widespread," continues Edge. "But secure collaboration, required for highly sensitive documents or regulation-heavy markets, demands higher security and compliance requirements than an average collaboration solution can provide."



"That's why Brainloop chose to work with Redcentric. As part of our decision process, we commissioned an external security audit to be undertaken of Redcentric's security provisions. The resulting Security Assessment Report assured us that Redcentric was able to protect our customers and their data."



Andy Mills, Sales Director at Redcentric, said, "We're delighted to be working with Brainloop in the UK. The deal is a clear demonstration of our commitment to providing the very best in cloud services to the UK market."