ZUTEC SIGNS CONTRACT FOR U.K. INFRASTRUCTURE PROJECT
Zutec Holding AB (publ) (“Zutec") today announced that it has signed a contract with a joint venture in relation to the HS2. HS2 is a new high speed railway linking up London, the Midlands and the North, serving eight of Britain’s 10 largest cities. The five-year contract is worth ca £2.0m with the first year’s contract revenue amounting to ca £0.9m. The contract involves cloud-based software licensing and implementation services. “We are proud to be part of this prestigious project in the U.K. and it’s a clear testament to Zutec’s products and capabilities”, says Gustave Geisendorf,