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RNS Number : 1432F

Maxima Holdings PLC

12 June 2012

12(th) June 2012

Maxima secures key networking & security solution contracts totalling GBP1.75 million

Maxima Holdings plc ("Maxima" or "the company")

Maxima Holdings plc (AIM: MXM), the leading IT business systems and managed services company, is pleased to announce continued successhaving secured two key networking and security solution contracts totalling GBP1.75 million.

Maxima's Managed Services, Infrastructure & Applications offering spans the desktop to the datacentre, and its recent successes include contracts with:

-- A leading UK telecommunications company - that has chosen Maxima to deliver a major security solution valued at GBP1 million.

-- A major UK Government Executive Agency - that has selected Maxima to provide a major networking project valued at GBP750k.

Commenting on the company's recent successes, Maxima Managing Director Fraser Fisher said:

"We're delighted to have secured these important networking & security solution contracts. These recent contract successes clearly demonstrate that our turnaround strategy is on track and that there is continued strong demand for the kind of high quality, specialist solutions that Maxima provides. We're pleased to announce further strengthening of our recurring revenue base, as we continue to develop our offering in key IT Managed Services areas such as hosting, networking, security, offshore infrastructure management, outsourcing, virtualisation, unified communications & cloud computing."

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For further information please contact:

Maxima Holdings plc

   Ian Smith, Executive Chairman                Tel: +44 (0)1242 211 211 
   David Memory, Chief Financial Officer      Tel: +44 (0)1242 211 211

Cenkos (Nominated advisor to the Company)

   Stephen Keys/Adrian Hargrave                Tel: +44 (0)20 7397 8900

MHP (PR)

   Reg Hoare / Vicky Watkins                     Tel: +44 (0)20 3128 8100

Notes to Editors:

Maxima (AIM:MXM) is a leading provider of IT business systems and managed services, helps organisations to increase their productivity, reduce their business costs and streamline their processes. The company's IT Managed Services operations support all aspects of cloud computing delivery, including Infrastructure as a Service, Platform as a Service and Software as a Service capabilities. Core Maxima services include virtualisation, web connectivity, application management, infrastructure management & IT outsourcing. For more information, please visit www.maxima.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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