Synectics secures five-year contract extension with casino client

(Sharecast News) - Synectics announced on Wednesday that it has secured a five-year contract extension worth at least $4.8m with a major casino operator in South-East Asia.

The AIM-traded surveillance and security solutions firm said the deal extended its long-standing relationship with one of the world's most prominent gaming resorts.

It said it would continue to provide its proprietary Synergy software platform, which supports the resort's complex security infrastructure.

The company said the extension reflected continued confidence in Synergy's scalability and flexibility, as well as its ability to evolve with the resort's development needs.

Synectics also highlighted the consistent standard of on-site support delivered to the customer over the course of the relationship.

"We look forward to continuing this successful collaboration as we deliver mission-critical software support, reinforcing our position as a trusted long-term technology partner to one of the world's leading casino operators," said chief executive and chief financial officer Amanda Larnder.

At 1216 BST, shares in Synectics were up 3.48% at 320.8p.

Reporting by Josh White for Sharecast.com.

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