First Launchpad Software License Purchase Order

Nexteq (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, is pleased to announce it has secured its first customer win and initial software license purchase order for its recently launched Gaming Software platform, Launchpad.

The order, received from a new customer to Quixant, which is an established Asian game developer, includes Launchpad software licences together with its gaming hardware computing platforms. The customer will use Launchpad to support the deployment of its land-based gaming content into a new market, which is expected to commence in H2 2026 and will lead to ongoing software revenues.

This marks the first commercial software-led sale for Quixant, the Group's gaming brand, following the official launch of Launchpad at the ICE Barcelona 2026 tradeshow last month. Launchpad provides a ready-made software foundation for land-based casino gaming, helping customers manage regulatory requirements, security and game operations, while integrating seamlessly with Quixant's hardware platforms.

The win demonstrates how Launchpad enhances Quixant's value proposition by combining software and hardware into a single, integrated solution. By simplifying compliance and technical complexity, Launchpad enables customers to focus on developing and delivering their gaming content to market more efficiently.

The Group continues to see strong engagement following ICE Barcelona and is progressing discussions with additional prospective customers. Nexteq looks forward to providing further updates as Launchpad adoption builds.

Duncan Faithfull, Chief Executive Officer of Nexteq plc, commented: "We are delighted to secure our first Launchpad customer so soon after its official launch.

For over 20 years, Quixant has created market leading software solutions for the Gaming industry, and Launchpad is true innovation which allows our partners to focus on developing brilliant games and launch new products faster. This initial order highlights the strength of our unique integrated hardware and software offering and demonstrates the commercial opportunity created by expanding into software-led solutions.

The Board believes this new customer relationship has the potential to become another $1m revenue per year customer, including both ongoing software license revenues alongside our gaming hardware platform sales.

We are encouraged by the level of customer interest following ICE and look forward to updating the market as Launchpad continues to gain traction."