Cipherpoint Ltd (ASX:CPT) wholly-owned subsidiary ExciteIT, which was recently acquired, has entered into a $1.73 million hardware and services supply agreement with Lend Lease Retirement Living Management Services Pty Ltd (LLRL).
Lendlease Retirement Living is one of Australia’s leading for-profit owner, operator and developer of senior living communities, with 71 retirement villages in its portfolio.
The contract is for hardware, software, discovery, security and design services to be delivered in the next six months.
"Successful sales quarter"
CPT’s newly appointed CEO and managing director Bryan Saba said of the agreement with the property giant, “We are very pleased to sign this contract to close off what has been a very successful sales quarter for the Cipherpoint Group.
“This contract will see us provide hardware and the discovery, design and planning of a future state for the Retirement Living business that will include end-user computing, cloud support, security governance, cyber security monitioring and networking.
“It is a great example of an opportunity that capitalises on the Cipherpoint group capabilities as a managed service provider across cloud and cyber security. The team is working hard on building from the foundations of both this opportunity and others in our opportunity pipeline.”
About Cipherpoint
Cipherpoint, through its wholly owned subsidiaries, provides focused managed cyber security, cloud and IT services. Its security operations centre and operations teams monitor customer environments to allow quick and effective response to cybersecurity incidents.