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Monday 06 July, 2009

Nexus Management plc

Nerd Force UK and Resilience

RNS Number : 1377V
Nexus Management plc
06 July 2009
 



6 July 2009


NEXUS MANAGEMENT PLC

('Nexus Management' or 'the Company')


Update on Nerd Force® UK and Resilience Technology Corporation


Nexus Management is pleased to announce a partnership with Les Dyson, of First for Franchising, to launch Nerd Force® in the UK. Les Dyson has over 20 years' experience launching new franchises in and with his help the Company is confident of Nerd Force's successful entry into the UK market.


Les Dyson, an MBA and Marketing Graduate, started his career with Mars before progressing on to senior management roles with other leading brands within the FMCG industry. Mr. Dyson has since held a number of senior directorship roles - including at Electrocomponents plc and Ronson plc. After founding his own companies - Gerby Limited and Capital Investment Limited -, he became a consultant on investments and acted as a venture capitalist for acquisitions and mergers worldwide, with a particular interest in franchise business models.


Les Dyson commented 'I am delighted to be working with Nerd Force, which operates within, what many commentators forecast will be, one of the most dynamic franchise sectors in future years. Their product and service offering is compelling and I firmly believe that we will establish a considerable presence throughout the UK during the next year, having already created a credible foundation stone during the balance of 2009.'


'I am confident Nerd Force® UK will shortly gain a strong foothold in the UK market.'



Update on Resilience Technology Corporation


Since its acquisition in March 2009, Resilience Technology Corporation ('RTC' or 'Resilience'), now a wholly-owned subsidiary of Nexus Management, has made substantial progress. The head office of RTC has been moved from California to Baltimore, where it is easier to interface with the US Government and the local contractor community. The initial take-up of the new migration program CSO 'X' has been very promising, enabling customers to smoothly migrate to the Resilience Firewall platform with immediate expense savings and long-term capital cost reductions. This new program, which was launched in direct response to analyst demand for management innovations on the firewall market, moves clients off competing systems faced with end of life risks. Its popularity has allowed Resilience to sign several new strategic resellers in the USA and Europe. CSO 'X' offers clients an estimated 50% to 75% cost reduction over the life of the contract.


Due to the sensitive nature of network security, Resilience does not name its customers or resellers.


Resilience CEO, Sean Scott, commented: 'Users are looking for cost effective 'plug and play' appliances that work. Our technology's advantages allow Resilience to offer higher value support because our systems simply cost less to maintain.'  


Roger Richardson, Nexus Management CEO, commented: 'Much has been achieved in a few short months by the Resilience team with some results of their actions highlighted above. I am pleased to be able to confirm sales of the Resilience products continue in line with the Board's expectations and will play an important role in the Company's performance this fiscal year.'


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Enquiries:


Nexus Management Plc                               Tel: 01862 812 107

Roger Richardson, Chief Executive


John East & Partners Limited                     Tel: 020 7628 2200

Simon Clements

David Worlidge


Rivington Street Corporate Finance            Tel: 02075623389

Monisha Varadan

Dru Edmonstone


Bishopsgate Communications Ltd                Tel: 020 7562 3350

Robyn Samuelson

Siobhra Murphy

nexus@bishopsgatecommunications.com 



About Nexus Management plc


Nexus Management is a growing specialist IT Managed Services Provider. Nexus has two key markets: the UK and the US, where it can offer its customers 24 hour support. Nexus specialises in Remote Server Management, Disaster Recovery, Data Storage, Help-Desk, Desktop Support and Wide Area Network Management and Monitoring - providing Enterprise caliber technical support.


Nexus is quoted on AIM, a market of the London Stock Exchange. For further information on the Company, please visit www.nexusmgmt.com 


About Nerd Force®


Nerd Force® (www.nerdforce.com) is a fast growing mobile computer and technology support franchise, which services individuals and businesses, both on site and remotely with branded IT managed services.  Originally started in New York, Nerd Force® is spreading across the United States with a total of 29 territories allocated there and in excess of 100 territories allocated in Europe and the ambition to expand the brand throughout the rest of the world. Its parent, Nexus Management plc, is listed on the London stock exchange.  The Company is now looking for highly driven, motivated and passionate individuals to build a great future with it. Nerd Force® is a young, dynamic franchise, set to dominate the multi-billion dollar computer and technology services industry.


About Resilience


Since 1995, Resilience (www.resilience.com) has delivered network security appliances with the most advanced operating system. RES/OS boasts such features as open systems flexibility and life cycle management innovations for mission-critical applications. Resilience's high performance solutions are designed for network environments where availability is essential and security must not be compromised.





This information is provided by RNS
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