Distribution Agreement
10 Juli 2008 - 12:02PM
UK Regulatory
RNS Number : 7719Y
Endeavors PLC
10 July 2008
Endeavors Plc (LSE: END)
("Endeavors" or the "Company")
Distribution Agreement
Endeavors, the pioneer in application screening and virtualization technology, is pleased to announce a new distribution agreement for
the Application Jukebox with Business, Communications and Technologies ("BCT Group"). The Application Jukebox is responsible for streaming
various software applications directly to a user's computer. In this way, any user, anywhere in the world can use any application on any
computer.
BCT Group is a leading provider of IT consulting and managed services to organisations in Russia and outlying states. Many Russian
organisations are now starting to evaluate Citrix and other solutions to deliver and manage applications. This agreement provides the local
knowledge and distribution channels that will enable Endeavors and the Application Jukebox to capitalize on this emerging market.
The Directors are confident this agreement is cash generative and will result in a significant revenue increase in the future. The
initial sales and marketing activities with BCT Group have been extremely encouraging.
Peter Bondar, Chief Executive, Endeavors, commented:
"This new distribution agreement is further evidence to the strong demand for our services, and the industry recognition of our
intellectual capital. Key partnerships with leading organisations such as this demonstrate our determination and ability to grow revenues
and profits for shareholders. They open up markets and opportunities for our sophisticated high end range of products."
"Our strong progression into the Russian and Eastern Europe market shows that we are now a truly global company operating in a global
market place. We constantly strive to expand our customer base across international barriers and are currently in negotiations on a number
of profitable agreements and key partnership collaborations."
10th July 2008
Enquiries:
Endeavors Plc +44 (0) 1423 321 485
Peter Bondar, CEO pbondar@endeavors.
com
Haggie Financial LLP +44 (0) 207 417 8989
Nicholas Nelson Nicholas.nelson@
haggie.co.uk
Blue Oar Securities Plc +44 (0) 207 448 4400
William Vandyke
This information is provided by RNS
The company news service from the London Stock Exchange
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