AssetCo wins London Ambulance contract

16/02/2009
 
AssetCo plc (AIM:ASTO) the integrated support services business, is pleased to announce that it has been awarded the contract to provide ‘frontline ambulances’ to the London Ambulance Service NHS Trust over a two year period, worth circa £7 million in the first year.

AssetCo is the pioneering provider of Integrated Services to the Emergency Services in the UK, and already holds a 20-year PFI contract with London Fire and Emergency Planning Authority in supplying, maintaining and managing over 500 front line and operational vehicles, and 50,000 items of operational equipment for the London Fire Brigade.

Peter Mounsey, Managing Director of AssetCo’s Ambulance business unit said:

"This is another significant contract win for AssetCo in the capital. The AssetCo and London Ambulance design teams have invested significant time and resource into the latest upgraded generation of modular frontline ambulances. The prototype successfully went through crew evaluation at the end of January"

Enquiries:  
AssetCo Tel: +44 (0) 20 8515 3999
Frank Flynn, Chief Financial Officer  
James Collins, Investor Relations  
   
Pelham Public Relations Tel: +44 (0) 20 7743 6670
Alex Walters  
Francesca Tuckett