RNS Number : 3785E
18 July 2016
("Nasstar", "Company" or "Group")
Nasstar rebrand and website Launch
18th July 2016
Nasstar (stock code: NASA), a provider of hosted managed and cloud computing services, is pleased to announce the delivery of a key strategic aim for 2016 with the launch of its new website, www.nasstar.com, under a single Nasstar brand with a new look and feel, properly reflecting the size and sophistication of the Group today.
Whilst we have now integrated many of the teams, processes and service offerings acquired in the last three years, the Nasstar, e-know.net, Kamanchi and VESK brands have still been going to market under their respective names, causing a level of confusion amongst clients buying services across the Group.
The new launch will see all operating divisions consolidate under one Nasstar brand, with investment made into a single fully integrated sales and marketing plan. The aim of the brand consolidation is to maximise the respective strengths of the various offerings within the Group and to help differentiate the full stack of services that the Group can offer, thus ensuring maximum cross sell capabilities and revenue synergy opportunities. We will continue to specialise in selected vertical markets, though we plan to widen the spread, capitalising and building on collective experience and establishing knowledge and expertise in new vertical sectors.
The launch of the new brand and web site will see e-know.net Ltd immediately renamed as Nasstar Group Ltd and the www.e-know.net domain being retired and redirected to www.nasstar.com. Over the coming months, as the new Nasstar brand gets established within the recruitment sector, the Kamanchi Ltd name will change to Nasstar For Recruitment Ltd and the VESK name will be dropped once Nasstar is established within the G-Cloud market place. Thus within six months the entire group is expected to be operating under the Nasstar brand.
For further information, please contact:-
Nasstar plc +44 (0) 1952 225 000
Nigel Redwood, Chief Executive Officer
Niki Redwood, Finance Director
finnCap Limited (Nominated Adviser & Broker) +44 (0) 20 7220 0500
Julian Blunt, James Thompson (Corporate Finance)
Stephen Norcross (Corporate broking)
About Nasstar plc
Nasstar (www.nasstar.com) and its wholly owned operating businesses provide hosted managed and cloud computing services that enable subscribers to access their corporate desktop, files, applications, data and email in the Cloud rather than using local server infrastructure. Nasstar specialise in building bespoke cloud hosted services to manage a client's entire application set, tailor made to suit specific industries, designing public, private and hybrid cloud solutions to meet the objectives of the client. The solution is a highly scalable service that provides benefits including anywhere access to computing, a standardised corporate solution that can be accessed globally and in multiple languages and cost savings when compared to the traditional IT ownership model, replacing capital expenditure with a simple usage based payment model.
Nasstar (AIM:NASA) was founded in 1998, admitted to AIM in December 2005, acquired e-know.net Limited in a reverse takeover in January 2014, Kamanchi Limited in July 2014 and VESK in October 2015.
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