Synectics plc
("Synectics" or the
"Company")
$2.2 million Contract
Award
Synectics awarded further contract by
leading casino operator in South-East Asia
Synectics (AIM: SNX), a leader in advanced
security and surveillance systems, is pleased to announce that it
has been awarded a further contract, worth approximately US$2.2
million (the "Contract"),
for the professional services to deploy a Synergy upgrade and
expansion at a major gaming resort in South-East Asia (the
"Customer"), one of the
most successful and highest profile gaming resorts in the
world.
Under the terms of the Contract, Synectics will
provide a comprehensive suite of professional services. This will
include the project management and on-site commissioning required
to upgrade the existing software and hardware infrastructure to
enhance the Customer's security capabilities to meet its evolving
operational needs.
Synectics has been working with the Customer
since 2014, and the Contract is further to the $13.2 million
contracts awarded, in aggregate, in FY 2024 (June and September).
This is a complex project, with the Customer's system remaining in
operation 24/7 throughout the upgrade, which is expected to be
delivered predominantly in the Company's current financial
year.
Amanda
Larnder, Synectics' Chief Executive Officer and Chief Financial
Officer, commented:
"We are
delighted to provide our professional services to such a
prestigious and long-term customer in a market and territory in
which we have significant experience.
"This
contract demonstrates the Customer's confidence in Synectics'
end-to-end expertise required to deliver such an organisationally
critical project and the commitment to our ongoing
partnership."
For
further information, please contact:
Synectics plc
Amanda Larnder, Chief Executive
Officer and Chief Financial Officer
Claire Stewart, Company
Secretary
email: info@synecticsplc.com
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Tel: +44
(0) 114 280 2828
www.synecticsplc.com
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Shore Capital
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Tel: +44
(0) 20 7408 4090
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Corporate Advisory -
Tom Griffiths / David Coaten
Corporate Broking - Fiona Conroy
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Vigo
Consulting
Jeremy Garcia / Fiona Hetherington / Peter
Jacob
synectics@vigoconsulting.com
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Tel: +44 (0) 20 7390
0230
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About Synectics plc
Synectics (AIM: SNX) is a leader in advanced
security and surveillance systems that help protect people,
property, communities, and assets around the world.
The Company's expertise is in providing
solutions for specific markets where security and surveillance are
critical to operations. These include gaming, oil and gas, public
space, transport, and critical infrastructure.
Synectics has deep industry experience in these
markets and works closely with customers to deliver solutions that
are tailored to meet their needs. Technical excellence, combined
with decades of experience and long-standing customer
relationships, provides fundamental differentiation from mainstream
suppliers and makes the Company a stand-out in its
field.
Find out more at
www.synecticsplc.com