DGAP-News: ROK Global PLC : ROK Acquires RAM
(firmenpresse) - DGAP-News: ROK Global PLC / Key word(s): Acquisition/Miscellaneous
ROK Global PLC : ROK Acquires RAM
24.08.2011 / 10:00
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Corporate Press Release
Wednesday, 24th August 2011
ROK Acquires RAM
Close Protection and Corporate Intelligence Company, RAM, to market
Homeland Security service to Government Agencies globally.
Ticker Symbol: RKG
WKN: A0YKFS
London, 24th August 2011,
ROK Global PLC, the mobile and web technology development company, has
today announced it has acquired close protection and corporate intelligence
company RAM for GBP£2.4 million (EUR EUR 2.77 million) payable in shares.
RAM will be re-branded ROK Asset Management as a result.
Managed by ex-British Army Special Forces personnel, RAM specialises in
providing close protection services for high net worth individuals,
including members of several Royal families, as well providing physical
security for high value assets such as oil and gas installations as well as
undertaking corporate intelligence services for companies and, with
revenues forecast to exceed£2.5 million (EUR EUR3 million) in F/Y
2011/2012, and£6 million (EUR EUR7 million) in 2012/2013, RAM will also
market ROK Homeland Security (RHS) service to government agencies including
law enforcement and counter-terrorism services across the world.
Commenting, Jonathan Kendrick, Chairman and CEO of ROK said 'Given the
success we have already achieved with RHS in the US, it's wholly natural to
bring the expertise and extensive contacts of RAM into the ROK Global
family as we expand, develop and deploy RHS worldwide.'
ROK Homeland Security is a mobile phone-based service which provides
real-time, secure technologies to assist law enforcement officers in the
gathering and management of information in a variety of formats including
encrypted data based communications and improved spatial awareness
capabilities. RHS has been specifically designed for use in
counter-terrorism operations, criminal investigations, counter-narcotic
operations, physical security, evidence-gathering and field communications.
Listed on the Open Market of the Frankfurt Stock Exchange, ROK Global PLC
was co-founded by US Billionaire John Paul DeJoria and UK-based serial
technology-specialist entrepreneur, Jonathan Kendrick.
In addition to being co-founder of ROK, John Paul DeJoria is Chairman and
CEO of John Paul Mitchell Systems, the producer and manufacturer of Paul
Mitchell hair care products which achieves in-salon retail sales of
approximately US $900m annually through more than 100,000 salons worldwide.
John Paul is also co-founder of Patron Tequila, the world's leading premium
tequila brand.
ROK has pioneered many new technologies in the rapidly-evolving mobile and
web space, including high quality mass-market Mobile TV (which can be
streamed, live and on-demand, over mass-market 2.5G as well as 3G and
Wi-Fi) as well as mobile security technologies and multi-language
text-to-speech technologies.
For more information:
www.rokglobal.com
irgermany(at)rokglobal.com
Safe Harbor Statement: The statements contained herein which are not
historical are forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially from
those expressed in the forward- looking statements, including, but not
limited to, certain delays beyond the company's control with respect to
market acceptance of new technologies or products, delays in testing and
evaluation of products, and other risks detailed from time to time in the
Company's filings.
End of Corporate News
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136686 24.08.2011
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Datum: 24.08.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 58608
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