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