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Bullboard - Stock Discussion Forum HS Govtech Solutions Inc HDSLF

HS Govtech Solutions Inc. is a Canada-based software-as-a-service company. The Company's principal business activity is the development and sale of information and communication management systems for health inspection departments of federal, provincial, state, and municipal governments in Canada and the United States of America. The Company is focused on providing an efficient data and... see more

OTCQB:HDSLF - Post Discussion

HS Govtech Solutions Inc > HS gains new big goverment contract
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Post by StockHawk1 on Sep 09, 2022 3:30pm

HS gains new big goverment contract

Earlier this week HS GovTech Solutions Inc. (HS.c HDSLF) announced that it had been contracted by the Commonwealth of Kentucky Cabinet for Health and Family Service.


With this Kentucky will deploy HS' HSCloud Suite, HSPay and GovCal.


The Total Contract Value is $9,393,587 over eight years and Annual Recurring Revenue will be $1,074,073 per year (not inclusive of HSPay revenue).


Plus, the Professional Services and implementation fees are $801,000.


HSPay will be the processor of all online electronic payments.


Great to see HS pull in another big government contract


More here: https://ca.finance.yahoo.com/news/hs-govtech-solutions-inc-chosen-113000277.html


HS @ $0.55

MC $25.218M

 
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