COMS PLC ("Coms" or the "Company"): Coms plc Announces Exclusive New Agreement and Gears up to Support HM Government Backed Initiative

COMS PLC ("Coms" or the "Company"): Coms plc Announces Exclusive New Agreement and Gears up to Support HM Government Backed Initiative

LONDON, July 11, 2013 /PRNewswire/ --

    Coms plc (COMS) is pleased to announce its participation in a major countrywide HM
Government backed initiative as follows:

       
        - Coms plc has signed an exclusive Joint Venture agreement with YourForum to
          assist the national 'push' for Central Government and Local Authorities to provide
          Broadband services across the country.
        - In addition to broadband services a Smart Monitor software package will be
          provided in partnership with B.E.E.S. and made available to all users.
        - As from 1st August Coms Enterprise Limited (a Coms Group plc subsidiary) will
          focus entirely on these digital inclusion projects and 6 dedicated members of staff
          will be transferred to the subsidiary to assist the Company and its partners to
          implement this initiative.

    The exclusive joint venture agreement with YourForum, will enable Registered Service
Providers, Social Landlords and Local Authorities nationally to offer subsidised or - in
some cases, free Broadband connectivity to their tenants and community groups, as
facilitated by this unique Agreement, which exists to specifically provide Broadband
services for the National 'push' to assist Central Government and Local Authority
ambitions of 'digital inclusion' for all across the Country.

    The drive for national 'digital inclusion' is paramount in enabling every man woman
and child the opportunity to actively get involved with the development of their Community
and the ambition of creating sustainable and prosperous neighbourhoods everywhere, also -
with such a high number of Social housing tenants currently unable to get accessible /
affordable internet connectivity our agreement with YourForum is perfectly placed to
provide an encompassing solution to assist in rectifying this current issue.

    In addition to the Broadband services provided by COMS, the tenants have the option to
participate in an energy saving initiative, a Smart Monitor software package provided in
partnership with B.E.E.S. (Energy Cycle).

    YourForum - HM Government Statement:

    "The 2012 Localism Act has created a wide range of opportunities for communities to
help shape services, facilities and development at a neighbourhood level. To do this
like-minded people need a way to come together to discuss issues of interest to their
community, to form and operate community groups and potentially to register as recognised
neighbourhood Forums.

    'Your Forum' is an innovative digital platform and Smartphone app created and run
entirely privately by Ventura Studios with its joint Venture partner: Coms Plc & strategic
partners: B.E.E.S. which gives local groups the tools to take control of their local
communities.

    HM Government welcomes this initiative, which is an excellent example of digital
entrepreneurs using government's 'open data' to develop new services for the public."

    Dave Breith (Coms CEO) commented: "We have been in negotiations for some time with
YourForum and we are very pleased to have signed this exclusive contract. In addition I
believe by re-structuring the business to have a dedicated subsidiary to support this
important initiative means that we can participate fully without diverting attention from
our core business of providing Cloud based solutions.

    Newgate Threadneedle (PR), Graham Herring, Tel: +44(0)207-653-9858

Coms Plc