ClearStar,Inc. First contract in facilities management sector (4111C)
February 10 2020 - 2:00AM
UK Regulatory
TIDMCLSU TIDMTTM
RNS Number : 4111C
ClearStar,Inc.
10 February 2020
10 February 2020
ClearStar, Inc.
("ClearStar" or the "Company")
ClearStar wins first contract in facilities management
sector
Major facilities manager appoints ClearStar for screening
healthcare service providers
ClearStar (AIM: CLSU), a provider of Human Capital IntegritySM
technology-based services specialising in background and medical
screening, announces that it has been appointed by a leading
facilities management company to provide background screening of
service providers entering its healthcare locations. This is
ClearStar's first contract in the facilities management sector and
the Company expects it to generate a minimum revenue of $0.4m
during the roll-out phase this year.
The customer provides facilities management and maintenance to
leading brands across North America, with over 120,000 locations
under management, in a range of industries. It helps manage
facilities through its technology solutions and a substantial
network of service providers. ClearStar has been appointed to
provide background screening for the customer's new programme that
requires all service providers to its healthcare facilities to
undergo a background check and maintain a virtual ID card.
The virtual ID card incorporates the relevant information from
the background screen thanks to ClearStar's integration with the
provider, Virtual Badge. The integration can also allow for
continuous screening monitoring, with a badge becoming
automatically suspended should the employee commit a predefined
offence.
Robert Vale, CEO of ClearStar, said: "This is another fantastic
customer win for ClearStar, reflecting the continuing upscaling of
our client base with the increasing recognition of our brand. It
marks a milestone as our first contract in the facilities
management industry, which is an area with great growth potential.
We help ensure the safety of the workplace by verifying the
individuals who are entering, which is particularly relevant when
it involves a large number of external service providers. 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."
Enquiries:
ClearStar, Inc. +1 877 796 2559
Robert Vale, Chief Executive Officer
Jennifer Balleza, Chief Financial Officer
-----------------
finnCap Ltd. +44 20 7220 0500
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Jonny Franklin-Adams, Marc Milmo, Simon Hicks
- Corporate Finance
Andrew Burdis, Tim Harper - ECM
-----------------
Luther Pendragon Ltd. +44 20 7618 9100
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Harry Chathli, Claire Norbury, Joe Quinlan
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About ClearStar
ClearStar, Inc. is a leading provider of Human Capital
IntegritySM technology-based services specialising in background
and medical screening. It provides employment intelligence direct
to employers and via channel partners/consumer reporting agencies
("CRAs") to support better recruitment and other decisions
affecting employees by increasing the quality, reliability and
visibility of information.
A seven-time Inc. 5000 honouree and founding member of the
Professional Background Screening Association, ClearStar has
provided innovative technology solutions to businesses in the human
capital management industry from its corporate offices in
Alpharetta, Georgia since 1995. For more information about
ClearStar, please visit: www.clearstar.net.
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END
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