viewarchTIS Ltd

archTIS locks in recurring revenue with first client for Kojensi Gov software

The Kojensi Gov platform allows users to interact and share data securely.

archTIS Ltd - archTIS locks in recurring revenue with first client for Kojensi Gov software
This follows the commercial launch of Kojensi Gov in April 2019

archTIS Ltd (ASX:AR9) has signed a commercial contract with the Commonwealth Attorney General’s Department for the purchase of its Kojensi Gov software.

Kojensi Gov allows for the secure collaboration and sharing of sensitive information.

Notably, Kojensi Gov allows information and data classified at the “PROTECTED” level to be shared between government and industry.

The contract has a period of 12 months with up to 24 months extension with a minimum of 50 users ($30,000 annual revenue) and the opportunity to add users monthly.

Successful customer conversion from the beta test phase

archTIS’s CEO Daniel Lai said: “We are excited to welcome the Attorney General’s Department as our first government department user of Kojensi Gov after a successful Beta program.

Securing such a high profile organisation clearly demonstrates the utility of our platform in enhancing the security of sensitive information.

“Any organisation concerned about protecting the security of their information is a potential archTIS customer. We are excited by the potential commercial opportunity available to us and look forward to accelerating our rate of customer acquisition and making more announcements like this in the near future.”

Building sales momentum

The conversion of Kojensi Gov’s Beta client demonstrates the value in use of Kojensi Gov and the demand it meets in the government market.

Further, it validates archTIS’ go-to-market strategy, providing a growth channel into similar departments.

Engagement with additional government and commercial clients is at an advanced stage with more sales expected to be announced in due course.

Quick facts: archTIS Ltd

Price: 0.385 AUD

Market: ASX
Market Cap: $62.11 m

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