New Casino Contract

Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, announces that it has secured a contract valued at US$2.4 million to provide its Synergy security and surveillance platform for a major casino property on the U.S. West Coast.

The contract represents a significant new customer win in the strategically important North American gaming market, further strengthening Synectics' position as a trusted technology provider to leading casino and resort operators.

Synergy will provide the casino with a single, unified solution to manage its security and surveillance operations. The platform will provide enhanced situational awareness, enabling security teams to identify potential threats earlier, respond more quickly and consistently to incidents, and make better-informed operational decisions, helping the resort in protecting its guests, employees, and assets while supporting compliance with rigorous regulatory requirements.

Synergy was also selected for its seamless integration with a wide range of third-party security and operational systems, enabling the resort to maximise the value of its technology investments. Its resilience, scalability and high-uptime capabilities were also key factors in the award, providing continuous performance for the casino's security operations around the clock.

The majority of the contract is expected to be delivered during 2027. It also includes an ongoing software support agreement, which will generate recurring revenue over its term and reflects the long-term partnership established with the customer.

The contract adds another leading casino operator to Synectics' customer base, reflecting its established reputation for delivering highly integrated and reliable surveillance solutions to some of North America's leading gaming operators. It also supports the Group's strategy of expanding its presence in markets where customers require highly resilient, open and integrated software platforms capable of delivering measurable operational value.

Amanda Larnder, Synectics' Chief Executive Officer, commented:

"This is an important new customer win for Synectics and a strong endorsement of our technology, our people and the long-term strategy we are executing.

"Leading casino operators increasingly need platforms that do more than manage video. They want to bring together surveillance, security and operational intelligence to help their teams make faster, better-informed decisions while maintaining the highest levels of security and regulatory compliance.

"We're delighted to have been selected by another leading casino operator and look forward to supporting them for many years to come."