New Contract Wins valued at more than £0.5m
12 March 2014
Pentagon Protection plc (AIM: PPR) is pleased to announce a number of contract wins for the Group, valued at more than £555,000 for the current financial year.
Pentagon's US subsidiary, IGS has been awarded contracts, primarily for building glass retention and enhanced security protection, with a total value of more than £367,000.
In the UK, Pentagon has been contracted to carry out external balustrade glass protection works with a contract value of £61,000 and overseas contracts that include building and vehicle glass protection works totalling £63,000 from Nigeria, Guinea and Saudi Arabia.
Pentagon's specialist security division, SDS Group has also been awarded contracts for the supply of the latest specialist high-resolution X-ray equipment and specialist building threat risk assessment services, for another existing overseas client, the total value of these contracts being £65,000.
Pentagon's Managing Director, Steve Chambers comments:
"I am pleased to announce these contract awards across all divisions of the Group and especially IGS's large contract win in the United States. The IGS contracts include external application works on a large 19-storey site building in Houston, Texas and the application of security window film with Pentagon attachment on numerous retail locations spread across several States for one of our corporate clients.
In addition to the demand for our building security solutions we are also seeing an increased requirement for fleet vehicle glass protection overseas, which is an ideal application for Supaglass, our tried and tested automotive security window film system. Whether it's protecting building flat glass with high-tensile strength film and rigid or flexible edge-retention anchoring profiles, reinforcing tanker bridge glass for anti-piracy or protecting vehicles with Supaglass, Pentagon Protection is at the forefront of glazing protection and security."
For further information, please contact:
|Pentagon Protection Plc
Haytham ElZayn, Chairman
Steve Chambers, Managing Director
|Tel: 01923 221 91|
|Cantor Fitzgerald Europe (Nominated adviser)
David Foreman / Catherine Leftley
|Tel: 020 7894 7000|
|Allenby Capital (Broker)
Jeremy Porter / Graham Bell
|Tel: 020 3328 5656|
Notes to Editors:
About Pentagon Protection
Pentagon Protection is a trusted provider of global security and energy saving solutions for clients around the globe. Admitted to AIM in March 2003, Pentagon consists of three divisions focused on preventing and mitigating the terrorist and extremist threats, improving building security and energy efficiency and carbon reduction. Visit the website at Pentagon Protection PLC or contact us at data-sf-ec-immutable="">..
About SDS Group Ltd
The SDS Group was acquired by Pentagon Protection in September 2008 to enhance the group's portfolio of security products and services. SDS supplies training, consulting and security equipment, including highly-specialist security and search equipment, mainly to governments, police forces and security and defence forces in the UK and around the world. Visit the website at SDS Group Limited or contact them at data-sf-ec-immutable="">
About International Glass Solutions
In 2010 Pentagon acquired IGS, which specialises in window film installation and project management services for commercial and government buildings, retail clients and large office buildings around the world. Based in the United States, IGS improves the group's capability and increases our exposure and reach into the North American market. Visit the website at International Glass Solutions, LLC or contact them at data-sf-ec-immutable="">