Good clarification: OtherLevels Holdings Limited (ASX: OLV)...

Good clarification:

OtherLevels Holdings Limited (ASX: OLV) (“OtherLevels”) would like to clarify the announcement released today in respect of a A$2.25m multi-year agreement.

The baseline value of A$2.25m represents the contracted value over the 4 and a half year term. The payment will be received in 5 annual payments over the course of the contract, the first of which, representing A$580,000 will be received this quarter.

Still a very solid upfront payment and will be recurring each Mar qtr for 4 years