OREANDA-NEWS. Newmark Security plc (AIM: NWT), a leading security solutions group, is pleased to announce that its wholly owned subsidiary, Safetell Limited ("Safetell"), has secured the renewal of a ?2.5 million service and maintenance contract for a large UK financial institution managed by a "Tier 1 contractor" for the maintenance and support of its security products on a national basis for a period of 4 years.

Under the terms of the contract, the Company is unable to disclose the name of the contractor, but can confirm that the order was placed by a ?4billion turnover multinational facilities management and construction services company with business in the UK, Canada and the Middle East.  

The large UK financial institution and Tier 1 Contractor has been a long-term customer of Safetell since 2012. Commenting, Marie-Claire Dwek, CEO of Newmark, said:  "Today's contract renewal reaffirms Safetell's established product and services range and ability to supply for the multinational blue chips. We have supplied this services directly to the financial institution for the last 3 years and delighted to be working with them and the Tier 1 contractor on this particular contract through to 2019."

Newmark Security Plc

Newmark Security PLC is a leading provider of electronic and physical security systems, which focus on personal security and the safety of assets.  Operating through two established and wholly owned divisions, Grosvenor Technology (Electronic) and Safetell (Physical Security), the Group listed on AIM in 1997.

Grosvenor Technology provides state of the art access control and data acquisition systems delivered via its reputable JANUS access control platform and its CUSTOM brand data-collection terminals.  The next generation and recently launched SATEON software is a new and innovative access control concept which delivers all the features of a software based system but in the cloud which combines the advantages of a software based system with cloud technology to improve lifecycle cost, install speed and allow for instant maintenance from anywhere in the world. Grosvenor Technology clients include BAE Systems, UK Air Traffic Control, BSkyB, Merrill Lynch, Bank of America, M & S, Morrisons, Tesco, Network Rail, government departments and many universities.  

Safetell is a leading designer, manufacturer, installer, and maintenance provider of bespoke physical security products; including security screens doors and glazing, counterwork, cash scoops, night-pay hatches, secure-line products, and slip-bins. Safetell provides a range of affordable cash recycling and management safe products for the banking sector and other cash-in cash-out operations.

Safetell Service provides repair and maintenance services for the branch networks of high street brands, including full lock repair, CCTV services, access control support, and repair of physical security equipment.

Safetell is a long-term supplier to end clients and facilities companies, supplying both security products and nationwide security equipment support services. Safetell's business model of supplying support services through its nationwide network of directly employed service technicians and directly employed helpdesk, gives it complete control over the service quality it provides, and the ability to ensure a high quality service.

Offering personnel and asset protection since 1987, Safetell is the UK's leading provider of fixed and reactive security screens, reception counters, cash management systems and associated security equipment.  Safetell's customers range from leading blue chip organisations to single sites including banks and building societies, police forces and the Post Office, local authorities and government departments, forecourt retailers and supermarket chains.