Ansarada Group (ASX:AND) - CEO, Sam Riley
CEO, Sam Riley
Source: Ansarada Group
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Ansarada (AND) signs a 12-month, $1.2 million agreement with Infrastructure and Place, a division of Transport for NSW
  • Ansarada is a software-as-a-service platform that enables companies to run more efficiently with reduced risk
  • Infrastructure and Place (I+P) is responsible for a range of projects that helps develop liveable and vibrant places for the community.
  • This agreement is a transition from engaging Ansarada project-by-project into a standardized platform agreement
  • Ansarada ends the day 5.28 per cent in the green with shares trading at $1.90

Ansarada (AND) has signed a 12-month, $1.2 million agreement with Infrastructure and Place, a division of Transport for NSW.

Ansarada is a software-as-a-service platform that enables companies to run more efficiently with reduced risk.

Infrastructure and Place (I+P), one of Transport for New South Wales’ divisions, is responsible for a range of projects that helps develop liveable and vibrant places for the community.

This agreement is a transition from engaging Ansarada project-by-project into a standardized platform agreement.

CEO Sam Riley commented on the agreement.

“We’ve crafted our platform to support the whole Infrastructure lifecycle, from the sale of assets, financing of projects and the tendering activities for delivery of Infrastructure,” Mr Riley said.

“Given NSW’s respected status as a world leader in infrastructure management, this agreement also provides a valuable endorsement as we look to build scale in offshore markets and get more government departments making the decision to standardise on Ansarada too.”

Ansarada has ended the day 5.28 per cent in the green, with shares trading at $1.90 in a $159.9 million market cap.

AND by the numbers
More From The Market Herald
Limeade (ASX:LME) - CEO, Henry Albrecht

" Limeade (ASX:LME) maintains FY21 financial guidance in quarterly report

Limeade (ASX:LME) has maintained its FY21 revenue guidance of $50 million to $53 million, but posted…
Sihayo Gold (ASX:SIH) - Executive Chairman, Colin Moorhead

" Sihayo Gold (ASX:SIH) secures further interim funding

Sihayo Gold (ASX:SIH) has secured interim funding from its shareholder, PT Saratoga Investama Sedaya Tbk.

" Alchemy Resources (ASX:ALY) commences aircore drilling at Karonie

Aircore drilling is underway at Alchemy Resources' (ASX:ALY) Karonie gold project 110 kilometres east of Kalgoorlie,…
Little Green Pharma (ASX:LGP) - Managing Director, Fleta Solomon

" Little Green Pharma (ASX:LGP) seeks to expand to Greece

Little Green Pharma (ASX:LGP) seeks to expand to Greece