Synectics announced that it has been awarded a further contract, worth approximately USD 2.2 million (the "Contract"), for the professional services to deploy a Synergy upgrade and expansion at a major gaming resort in South-East Asia (the "Customer"), one of the most successful and highest profile gaming resorts in the world. Under the terms of the Contract, Synectics will provide a comprehensive suite of professional services. This will include the project management and on-site commissioning required to upgrade the existing software and hardware infrastructure to enhance the Customer's security capabilities to meet its evolving operational needs.

Synectics has been working with the Customer since 2014, and the Contract is further to the USD 13.2 million contracts awarded, in aggregate, in Fiscal Year 2024 (June and September). This is a complex project, with the Customer's system remaining in operation 24/7 throughout the upgrade, which is expected to be delivered predominantly in the Company's current financial year.