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archTIS in trading halt with capital raising news pending

Published: 12:33 07 May 2020 AEST

archTIS Ltd - archTIS in trading halt regarding a capital raising
Kojensi provides a robust platform for sharing sensitive or classified information

archTIS Ltd (ASX:AR9) has been granted a trading halt by the ASX with a capital raising announcement pending.

The trading halt will be in place until the beginning of regular ASX trade on Monday, May 11, 2020, or when an announcement is released to the market, whichever occurs earliest.

Shares last traded at 7.5 cents and are up from 4.5 cents at close on March 25.

Sales and marketing focus

archTIS is focused on the sales of marketing of its Kojensi Gov and Kojensi Enterprise products with a sales pipeline targeting the Australia, New Zealand, USA and Europe markets.

The company has also launched a campaign to target the Australian Defence industry supply chain, including the generation of new multi-million-dollar opportunities through partnerships with major global system integrators.

In addition to contracts with Federal Government, AR9 is pivoting to target:

  • Companies with high global compliance requirements; and
  • Universities which have a requirement to store, share and manage very sensitive data in a secure fashion.

archTIS achieves record revenue growth

archTIS Ltd CEO Daniel Lai joins Jonathan Jackson in the Proactive studio to discuss the company's impressive half-year performance. Lai shares insights into the factors driving revenue growth and the key contributors to these record results. He also sheds light on the company's approach to...

on 26/2/24