Cyviz AS (8P9.F), Thursday announced that the company has secured a follow-on order from a utility provider, reflecting the scalability and reliability of its solutions.
The $1.6 million contract includes the delivery of a high-performance media communication hub and forms part of a broader, multi-phased technology modernization initiative.
Additionally, the company would provide a comprehensive three-year service and maintenancepackage, including annual preventive maintenance and up to four emergencysupport visits per year.
Currently, Cyviz's stock is trading at 2.86 euros, down 1.38 percent on the Frankfurt.
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