Synectics (AIM: SNX), a leader in advanced security and surveillance systems, is pleased to announce that it has been awarded a further contract, worth approximately US$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 $13.2 million contracts awarded, in aggregate, in FY 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.

Amanda Larnder, Synectics’ Chief Executive Officer and Chief Financial Officer, commented: “We are delighted to provide our professional services to such a prestigious and long-term customer in a market and territory in which we have significant experience.

“This contract demonstrates the Customer’s confidence in Synectics’ end-to-end expertise required to deliver such an organisationally critical project and the commitment to our ongoing partnership.”

For further information, please contact:
Synectics plc
Amanda Larnder, Chief Executive Officer and Chief Financial Officer
Claire Stewart, Company Secretary
Tel: +44 (0) 114 280 2828
info@synecticsplc.com

Shore Capital
Corporate Advisory: Tom Griffiths / David Coaten / Rachel Goldstein
Corporate Broking: Fiona Conroy 
Tel: +44 (0) 207 408 4090

Vigo Consulting
Jeremy Garcia / Fiona Hetherington / Peter Jacob
Tel: +44 (0) 20 7390 0230
synectics@vigoconsulting.com