The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • The Australian Department of Health awards software solutions company, archTIS (AR9) a contract worth up to $430,000
  • The contract will see AR9 advise on architectural changes toward the creation of a data-centric organisation
  • It is set to run to June 30, 2023, however may be cancelled upon convenience before that time, or extended for an additional 12 months if the Department chooses
  • The company says it is pleased to receive this award, and the confidence of the Department of Health as it broaches other government agencies
  • archTIS shares are up 6.67 per cent, trading at 16 cents at 11:48 am AEST

Software solutions company, archTIS (AR9) has been awarded a contract of up to $430,000 from the Australian Department of Health.

The contract will see AR9 advise on architectural changes toward the creation of a data-centric organisation.

It comes as the Department of Health and Aged Care navigates reforms for Generational Aged Care and Therapeutic Goods, as well as Modernisation of Medicine and Device subsidisation.

archTIS said it will provide “domain expertise” to assist the Department in achieving “transformational technology change” incorporating new and emerging tech and services.

The contract is set to run from September 1, 2022 to June 30, 2023, however it may be cancelled upon convenience before that time, or extended for an additional 12 months if the Department chooses.

AR9’s Chief Solutions Architect Tony Howell said the company is pleased to receive this award, and the confidence of the Department of Health.

“We welcome the opportunity to assist the Department in its journey towards a secure data driven future.

“We continue to expand our footprint across key Australian government agencies who are facing similar data centric challenges with their sensitive and valuable information,” he said.

archTIS shares were up 6.67 per cent and trading at 16 cents at 11:48 am AEST.

AR9 by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Banks lead Index to finish the week on a high | September 6, 2024

The bank stocks rallied leading the index higher, but Energy and mining stocks slumped in the…
IPO concept

Is the ASX getting its groove back? Here’s 5 IPOs in September to watch

After another slow year for IPOs on the ASX, September is looking like it could be…
Money is tight concept 2

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

At the start of this week we saw NVIDIA – as a proxy for the AI…
The Market Online Video

ASX Market Update: CBA breaks record as banks lead Index higher | September 6, 2024

Bank stocks have surged and dragged the market higher with the big 4 all outperforming and…