REG - RedstoneConnect PLC - Contract Win <Origin Href="QuoteRef">REDS.L</Origin>

Smartspace SoftwareAnnouncement

29/09/2016 07:06

RNS Number : 1460L
RedstoneConnect PLC
29 September 2016
29 September 2016
RedstoneConnect Plc
("RedstoneConnect" or the "Company")
RedstoneConnect to design smart city retail solution for Milton Keynes
RedstoneConnect(AIM: REDS), a leading provider of technology and services for smart buildings and commercial spaces, has been awarded a contract to help define a digital framework that will shape a smart retail and car parking offering, including the development of a digital retail centre wayfinding app, in Milton Keynes City Centre.
The contract is part of a wider Milton Keynes City Centre redevelopment project that will include refitting existing retail space and developing new car parking facilities, which forms an important component towards Milton Keynes' ambition of becoming a smart city.
The initial phase will see RedstoneConnect set out a framework for the future digital platform for the retail space, covering key aspects such as smart car parking and payment, customer relationship management and digital wayfinding solutions.
In addition, RedstoneConnect has been contracted to develop a digital wayfinding mobile application and interactive kiosk directories, which will support visitors to the existing Milton Keynes retail centre and the surrounding area.
This initial consulting phase of the contract will be completed by October 2016 with additional scope for RedstoneConnect to participate in the build and maintenance of the project during 2017.
Mark Braund, CEO of RedstoneConnect commented:
"We are delighted to be collaborating on what we believe is fast becoming one of the most important smart city initiatives in the UK. The integrated nature of this project, with its blend of smart car parking, payment, wayfinding, retail loyalty and customer relationship management solutions, is testament to RedstoneConnect's ability to provide a diverse range of solutions and marks an important milestone in the Company's ambition to deliver future smart city solutions around the world."
Enquiries
RedstoneConnect Plc
Mark Braund (CEO)
Spencer Dredge (CFO)
via Vigo Communications
Cantor Fitzgerald Europe (Nominated Adviser & Joint Broker)
Marc Milmo/Phil Davies/Catherine Leftley/Callum Butterfield
+44 (0)20 7894 7000
Whitman Howard Limited (Joint Broker)
Nick Lovering
+44 (0)207 659 1234
Vigo Communications (Financial Public Relations)
Jeremy Garcia / Ben Simons / Antonia Pollock
reds@vigocomms.com
+44 (0)20 7830 9700
About RedstoneConnect Plc
RedstoneConnect is focused on technologies that make real estate more efficient and businesses more effective. Its businesses, Redstone and Connect IB, provide the infrastructure capabilities and the software applications to deliver smart building and smart workspace solutions for commercial businesses, public sector organisations, real estate owners and managers. Visit our website at www.redstoneconnectplc.com.

This information is provided by RNS
The company news service from the London Stock Exchange
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