Technology

Itanz Technologies secures $2.1mn contracts

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Itanz Technologies Limited (ITANZ) announced on Tuesday that it had signed two new contracts totaling $2.10 million.

The company shared in a notice to the Pakistan Stock Exchange (PSX) today.

The initial contract, worth $1.8 million over three years, was finalised with Global Blue to deliver self-service and analytics solutions for one of Australia’s leading global VAT refund providers.

The second contract, valued at $0.3 million over five years, was secured with eDF Group Dalkia UAE for the implementation of a Billing and Revenue Management System.

Itanz said that it remained committed to ensuring full compliance with all applicable regulatory requirements.

Itanz Technologies Limited (ITANZ) was incorporated in Pakistan as a public limited company in 1990. The company was formerly known as Zahur Cotton Mills Limited.