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DXN (ASX:DXN) enters $1.5M contract with Newcrest

Telecommunication
ASX:DXN      MCAP $4.622M
26 August 2020 13:59 (AEST)
DXN (ASX:DXN) - Departing CEO, Matthew Madden

Source: DXN

Data centre specialist DXN (DXN) has entered a $1.5 million contract with mining giant Newcrest Mining (NCM).

This contract will see DXN supply a fully engineered modular data centre to Newcrest’s mining site in Cadia, New South Wales.

The company’s data centres provide reliable, secure and affordable means for companies and individuals to protect and store their data.

The data can be accessed anytime either via the mobile app or via the data centres located in Sydney and Melbourne.

“We are thrilled to have secured this contract, which showcases all the value-adds that DXN brings to the forefront,” CEO Matthew Madden commented.

“During the course of the formal evaluation, DXN was consistently able to prove that we have best-in-class designs and solutions that matched the requirements for this client,” he said.

“We also proved that with our entire supply chain within our control and within Australia, we were able to deliver to match the customer’s expectations in terms of timeframes,” he added.

DXN is up 14.6 per cent on the back of this news and shares are trading for 2.8 cents each at 12:59 pm AEST.

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