4GLOBAL PLC (AIM:4GBL) CEO Eloy Mazon speaks to Proactive after announcing the signing of two contracts worth US$4mln and £200,000 respectively to provide its data services and software.
The US$4mln contract is for a major sporting infrastructure project in a city in the Middle East and is a five-year project, while the £200,000 contract is for 'a major sporting event scheduled to take place in the Middle East during November and December of this year.
Mazon says that the two contracts are a demonstration of 4GLOBAL's international expansion strategy and says that the company is "looking at a number of strategic acquisitions."