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archTIS renews software contracts with Commonwealth Government agencies

The company has successfully renewed two software maintenance and services contracts with the Commonwealth worth $400,290.

archTIS Ltd - Archtis renews contracts with Commonwealth National Security agencies
Both contract renewals are for a 12-month period

archTIS Ltd (ASX:AR9) has renewed two software contracts with Commonwealth Government agencies for a total value exceeding $400,000.

A software maintenance and service contract with a Commonwealth national security agency has been renewed with a value of $141,200.

This contract is to provide maintenance and support services for an existing Kojensi platform for a further 12 months.

archTIS has also renewed a separate 12-month services contract with a national law enforcement agency valued at $259,090.

Demonstrate value

archTIS chief executive officer Daniel Lai said the renewal of these contracts demonstrated the continued value and recurring nature of software services to the Commonwealth government.

These two sales follow archTIS’ recent sale of Kojensi to Northrop Grumman Corporation (NYSE:NOC) for its pilot with Curtin University as part of a new sales channel into large non-Government enterprises managing sensitive data.

Supporting crucial services

Lai said: “archTIS is pleased by the renewals, which demonstrate that our services are valued by the national security and law enforcement communities.

“We look forward to continuing to support such crucial services and building further on these opportunities as awareness of the importance of strong cybersecurity grows, particularly in other large enterprises that also manage and share sensitive commercial information.”

Quick facts: archTIS Ltd

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Market: ASX
Market Cap: $74.2 m

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