DMC 0.00% 30.0¢ design milk co limited

ok...here it is....!!! re: how does a $300 million...

  1. 1,481 Posts.
    ok...here it is....!!! re: how does a $300 million +++++++++++++++++++++++++
    The Board of Directors of Intermoco Limited ("Intermoco") is
    delighted to announce that it has recently executed a major contract
    with a substantial overseas Company for the supply of an extensive
    range of hospital monitoring, control and information systems for
    installation in a number of hospitals. The minimum value of the
    contract over its anticipated eight-year life is in excess of A$130
    million. In addition, ongoing maintenance fees, rising to A$20
    million annually, will be received by the Company.

    Due to the sensitive nature of ongoing negotiations with other
    projects, the contract partner has requested confidentiality at this
    time.

    The award of this major contract is a significant recognition and
    reward extensive innovative research and development Intermoco has
    applied to health industry systems over the past eighteen months.

    Under the contract, Intermoco will supply and maintain information
    systems for a comprehensive range of hospital services including
    scheduling, operating theatre management, emergency department
    management, ambulance dispatch, nurse-call systems, and patient
    admission and discharge. The solution, which includes both hardware
    and software, will be installed over eight years.

    In addition to the supply of its own proprietary technologies,
    devices and services, Intermocc, has sourced certain software
    components of the health systems to be installed from HAS Solutions
    Pty Ltd ("HAS"). Based in Sydney, HAS is a leading supplier of
    information systems to health institutions. The supply of software
    licenses from HAS will be in accordance with the Memorandum of
    Understanding executed between Intermoco and HAS, as announced to the
    market last week.
 
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