Major Contract Win With Bristol Airport
14/2/2007
Eruma is pleased to report that since its last statement in September, the Company has considerably increased its rate of orders and installations. Having invested in people, both marketing and major accounts, the Company is now seeing a rapid expansion of activities. In my last statement, I predicted a fivefold growth in turnover compared to 2005, and I can confirm that turnover for the year ended 31 December 2006 surpassed the prediction with an increase of more than six fold over the figure for 2005. This momentum has continued into the new 2007 fiscal year starting in January, where already to date the Company has taken orders which exceed those taken in the first five months of last year. New bluechip clients include Unite Plc, Lloyds TSB and Barclays (which means the Company now has working relationships with five of the major high street banks). The Company has also invested heavily with its partner in the USA and they have forecast several six figure deals and this coupled with the strong growth being experienced in the UK gives the Company cautious optimism for the future. There is continued high levels of interest on both sides of the Atlantic in the Company's capabilities, particularly with regard to bombblast resistance. With this in mind, we are planning further larger scale tests jointly with the US to significantly increase our penetration within this specialist market place. Contact: Philip Barnett / Wayne Money, Eruma plc on 020 7566 2610 Roland Cornish, Beaumont Cornish Limited on 020 7628 3396 John Millers, SP Angel on 020 7422 4300
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