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by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
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Business & education services

Spectra Systems wins lotto contracts in Canada and US

“These contracts further increase the long-term revenue stream from our government contracts segments of the business" said Dr Nabil Lawandy

Spectra Systems Corp (LON:SPSY) has been selected by the Canadian lottery to provide its Premier64 Integrity internal control system (ICS).

The company also told investors it has renewed its contract with a long-term US lottery customer, which is being converted over to the Premier64 product.

READ: Spectra Systems lands central bank contract

The contracts run for four and five years respectively, and, together they are worth around US$1mln over the full term, excluding any additional game-specific software development revenue.

"We are delighted to expand our ISO/IEC 27001:2013 certified operations internationally as well as convert a long-term customer to our Premier64 Integrity product,” said chief executive Dr Nabil Lawandy.

“These contracts further increase the long-term revenue stream from our government contracts segments of the business."

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