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ClearStar lands first contract in facilities management field

The unnamed customer has over 120,000 locations under management in a range of industries

ClearStar Inc -
The firm will provide screening for people working in the healthcare sector

ClearStar Inc (LON:CLSU) chief executive Robert Vale described as “another fantastic customer win” a screening services contract with a leading facilities management company.

Worth at least US$400,000 a year, it is the firm’s first in the facilities management field.

The unnamed customer has over 120,000 locations under management in a range of industries.

ClearStar will provide background screening for the customer's new virtual ID card for people working in healthcare operations.

CEO Vale said of the latest deal: “We also have the opportunity to cross-sell further solutions to these service providers who will already be on-boarded to our platform.

“In addition, this contract expands our footprint within healthcare - and adds to a number of wins or expansions that we have recently received in this core sector. As a result, it has been an encouraging start to 2020 and we remain excited about the opportunities ahead."

The shares were changing hands for 54p each mid-afternoon, up 10%.

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Quick facts: ClearStar Inc

Price: 56.5 GBX

AIM:CLSU
Market: AIM
Market Cap: £20.55 m
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Full interview: ClearStar lands first contract in facilities management sector

ClearStar (LON:CLSU) CEO Bob Vale describes as “another fantastic customer win” a screening services contract with a leading facilities management company. Worth at least US$400,000 a year, it is the firm’s first in the facilities management field and Vale tells Proactive London why the deal...

2 weeks, 2 days ago

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