TIDMRCI

RNS Number : 4402F

RapidCloud International PLC

27 July 2016

RapidCloud International Plc

("RapidCloud", the "Company" or the "Group")

Result of AGM

RapidCloud International plc (AIM: RCI), the Southeast Asian based software solutions provider offering subscription services through all segments of cloud computing, announces that at its Annual General Meeting held earlier today, all resolutions were duly passed.

CONTACTS

 
RapidCloud International Plc       investorqueries@rapidcloudasia.com 
Raymond Chee, Managing Director 
 David Cotterell, Chairman 
WH Ireland, Nominated Adviser and  Tel:+44 (0)20 7220 1666 
 Broker 
Adrian Hadden 
 James Bavister 
Walbrook, Financial PR and IR      Tel: +44 (0)20 7933 8792 
Paul Cornelius                     rapidcloud@walbrookpr.com 
 Sam Allen

About RapidCloud

RapidCloud, provides computing services, web-hosting and proprietary web-solutions, such as web-site building and e-commerce solutions. The Company is based in Southeast Asia and is one of the few solutions providers in the region to deliver its offerings through all three available Cloud Computing segments, i.e. Software-as-a-Service, Infrastructure-as-a-Service and Platform-as-a-Service.

Formed in 1999 the Company has a well-established cloud offering with a customer base of over 42,000. These are predominantly SMEs but also include blue-chip clients such as Deloitte, BAE Systems and Canon, for which RapidCloud's extensive R&D department creates bespoke software solutions.

RapidCloud currently has operations in Malaysia, Indonesia, Singapore, Thailand and the Philippines. According to industry research commissioned by RapidCloud from Frost & Sullivan in 2013, the Cloud Computing industry in Asia Pacific is expected to grow at a CAGR of 49.6% between 2013 and 2015, giving a market size of US45.6 billion by 2015. RapidCloud International plc was admitted to AIM on 14 August 2013.

For further information, please visit www.rapidcloudasia.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGEASXXALDKEFF

(END) Dow Jones Newswires

July 27, 2016 11:46 ET (15:46 GMT)

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