- Total Brain Limited (TTB) enters five-year contract extension with the American Association of Retired Persons (AARP), worth $3.8 million
- Total Brain, an integrative neuroscience company, will provide brain health support services to AARP’s 38 million member population
- AARP is a non-profit organisation that works to enhance the quality of life for people as they age
- Total Brain CEO Matthew Mund says extension “underscores the benefits of the Total Brain platform in population health settings”
- TTB shares remained unchanged, trading at 9.5 cents per share
Total Brain Limited (TTB) has extended its contact with the American Association of Retired Persons (AARP) for a further five years.
The contract is valued at $3.8 million with $725,000 in year one ARR and increasing 2.5 per cent annually thereafter.
Total Brain is an applied, integrative neuroscience company which provides mental health self-monitoring and self-care. The company says its one million users can scientifically measure and optimise their brain capacities while managing the risk of common mental conditions.
While the AARP is a not-for-profit organisation that works to enhance the quality of life for all people as they age.
Total Brain said the contract extension will allow them to continue to provide cognitive brain heat support services to AARP’s 38 million member population, via AARP’s Staying Sharp platform.
Total Brain CEO Matthew Mund said the contract extension “underscores the benefits of the Total Brain platform in population health settings.”
TTB shares traded unchanged at 9.5 cents per share at 3:10pm AEST.