At the meeting, Chairman Ian Smith advised that
progress continues to be made on the disposal of
non-core assets. He also confirmed that in the
meantime, the company has identified further overheads
that can be eliminated and has commenced a period of
cost cutting with a view to the reduction of annual
costs in excess of £1 million.
For further information please contact:
Maxima Holdings plc
David Memory, Chief Financial Officer
Tel: +44 (0)1242 211 211
Ian Smith, Executive Chairman
Tel: +44 (0)1242 211 211
Cenkos (Nominated advisor to the Company)
Stephen Keys/Adrian Hargrave
Tel: +44 (0)20 7397 8900
MHP (PR)
Reg Hoare / James White / Vicky Watkins
Tel: +44 (0)20 3128 8100
Notes to Editors:
Maxima (AIM:MXM) is a leading provider of IT business
systems and managed services, helping over 1,000
organisations across the UK, Ireland and the USA to
increase their productivity, reduce their business
costs and streamline their processes. The company's
Business Solutions and Managed Services, Infrastructure
and Applications (MSIA) operations support all aspects
of cloud computing delivery, including Infrastructure
as a Service, Platform as a Service and Software as a
Service capabilities. Core Maxima solutions and
services include virtualisation, web connectivity,
infrastructure management, IT managed services
provision, business intelligence, and comprehensive
Microsoft Dynamics AX ERP and CRM business solutions.
For more information, please visit www.maxima.co.uk.
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