QMASTOR wins $5m contract from HVCCC

QMASTOR wins $5m contract from HVCCC

QMASTOR (ASX:QML) has won a major contract to provide an information management system for Hunter Valley Coal Chain Co-Ordinator (HVCCC).

The agreement is expected to be worth $5 million over five years, with the majority of revenue expected in FY11.

As part of the arrangement, QMASTOR has also acquired IP associated with the current scheduling tool being used by the HVCCC for five years.

QMASTOR will incorporate the IP into its QMASTOR Horizon APS product, and pay $1.5 million for the privilege.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags softwareintellectual propertyQMASTORbusiness dealsHVCCC

More about Qmastor

Show Comments