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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 workflow management platform. Its platforms provide inspection, information, communication, and data management systems that enable government agencies to operate more efficiently. Its cloud and mobile-based platforms are deployed in approximately 800 state and local government organizations across North America. Its solutions include environment health, code enforcement/ fire & safety, virtual inspections, payment processing and more. The Company also delivers government grade technologies to private businesses through its My Health Department platform.


OTCQB:HDSLF - Post by User

Post by StockHawk1on Sep 09, 2022 3:30pm
123 Views
Post# 34953009

HS gains new big goverment contract

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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