VAULT INKS MULTI-YEAR SINGAPORE PURCHASE DEAL WITH M1

摘要

Following extensive and positive trials, Vault (ASX:VLT) says it has successfully secured asignificant contract with M1, to drive Singapore’s smart nation initiatives.Vault – whose share price was up 15% on announcement of the deal - says M1 hascommitted to a five-year agreement with “significant volume growth” over the term andnew contracted annualised recurring revenue (CARR) of A$580k - the average over thecontract term.