Kooth renews New Jersey contract

Kooth (AIM: KOO), a leading provider of digital mental health services, announces that it has renewed its contract with the State of New Jersey (the "State") for an additional year. The terms of the Contract (the "Contract"), valued at $1.45m per annum, remain the same, with Kooth providing mental health support via its Soluna platform to four school districts within New Jersey, reaching 50,000 students aged 13 to 18.

The Contract renewal demonstrates the clear value of Kooth's service to both students and the State, as well as the demand for such services with 127 advocacy partnerships set up in New Jersey in the past 12 months, underscoring the strength of Kooth's offering and the benefits it provides.

Kate Newhouse, Chief Executive Officer of Kooth, said:

"I am pleased that we have renewed our contract with the State of New Jersey and we will continue to provide much needed mental health support to students across the State with strong support from both State leaders and partner organisations. The renewal is a testament to the tangible benefits Kooth's services provide and our evolved strategy places us in a strong position to further build and grow our relationship in New Jersey."