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Contract Extension

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Big Technologies plc has announced a two-year contract extension with the New Zealand Department of Corrections, securing their partnership through August 2029. This renewal highlights the company's strong relationship with the department and the continued value of its remote monitoring and offender management technology. The extension is expected to positively impact the company's ongoing revenue streams and market position.

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Big Technologies plc (AIM: BIG), a leading provider of remote monitoring and offender management technology, today announces that it has agreed a two-year extension to its existing contract with the New Zealand Department of Corrections.

The extension secures the Company's relationship with the Department through to August 2029 and reflects the strength of the long-standing partnership between the two organisations.

Charles Lewinton, Acting Chief Executive Officer said:

“We are delighted to extend our long-standing partnership with the New Zealand Department of Corrections through to 2029. This renewal reflects the strength of our relationship, the confidence our customer has in our technology, and the value our services continue to deliver.

I would also like to recognise the outstanding work of our APAC team, whose commitment to operational excellence and customer support has been instrumental in building and maintaining this trusted partnership. We look forward to continuing to work closely with the Department in the years ahead.”

Our mission is to deliver innovative, high-quality electronic monitoring solutions that combine advanced hardware and software to support monitoring of individuals in our core criminal justice business. Big Technologies is a market leader in the electronic monitoring industry, operating under the trusted ‘Buddi’ brand. Through its integrated technology platform, Buddi offers state-of-the-art Electronic Monitoring solutions on a subscription-based, SaaS-like model. This platform is highly flexible and scalable, enabling tailored deployments across diverse use cases and geographies.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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