Daily Internet surges after contracts win

27th Jul 2015 17:11

(ShareCast News) - Shares in Daily Internet surged on Monday, as the web hosting and cloud infrastructure provider said it has secured three deals worth a combined £400,000 with builders' merchant JT Atkinson & Sons Ltd.The three-year deals, which cover the provision of a cloud-based platform for JT Atkinson, will be delivered by Daily Internet's Netplan subsidiary, the company said on Monday."This contract win, along with the fact that any customer representing more than 5% of revenue within our managed hosting division has re-contracted for two or three years, further validates our stated strategy which we continue to implement," said group chief executive Chris Evans.Daily Internet shares closed up 10.44% to 1.85p on Monday.