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US$4.8m Contract Extension

In brief · summary, not quotable

Five-year contract extension with Asian casino operator worth at least US$4.8m for Synergy software platform.

  • Contract value US$4.8m
  • Contract term five years
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Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, is pleased to announce a five-year extension to its existing contract with one of the world's most successful and high-profile gaming resorts (the "Customer") worth at least US$4.8m.

Under the terms of the contract, Synectics will continue to provide the Customer, a long-standing major casino operator in South-East Asia, its proprietary Synergy software platform.

The contract reflects the Customer's ongoing confidence in the platform, underpinned by Synergy's scalability and flexibility to grow with the resort's development, its proven ability to adapt and expand functionality in response to evolving requirements, and the consistently high standard of on-site support delivered by Synectics.

Amanda Larnder, Synectics' Chief Executive Officer and Chief Financial Officer, commented:

"We look forward to continuing this successful collaboration as we deliver mission-critical software support, reinforcing our position as a trusted long-term technology partner to one of the world's leading casino operators."

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

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