New project win and awarded panel status

PERTH – November 23, 2015 – Cirrus Networks Holdings Limited (“Cirrus” or the “Company”) (ASX: CNW) is pleased to announce a new contract win with aged care provider Bethanie Group. The project terms are confidential, however are in line with previously announced contracts to the market.

Highlights

  • New project win with aged care provider Bethanie Group
  • Second contract announced in the health care sector in the past 5 weeks
  • Awarded panel status for ICT services by the WA Government Department of Finance
  • Panel status represents a new business growth opportunity for the Company

Bethanie Group is the largest not for profit aged car provider in Western Australia and the win comes on top of recently announced managed service contract with Richmond Well-being. The Company is pleased to secure consecutive new customers in the health care sector.

The Company has also been awarded panel status for ICT Services by the Western Australian Department of Finance. This allows the Company to directly engage with all WA State Government agencies to promote and sell its professional services capability. This has been a market where the Company has been unable to sell previously, so it represents a major opportunity for further business growth.

Frank Richmond, Cirrus Networks Managing Director comments, “The health care sector has been a major focus for the company to secure business and I’m delighted to announce Bethanie Group as a new customer. In addition to the new contract win the team has also worked tirelessly to construct our bid to gain panel status for ICT services for WA State Government agencies. Being successful in our bid is a major milestones for the Company.”

About Bethanie Group:

Bethanie Group is Western Australia’s largest not for profit aged care and retirement village provider. Bethanie offers the full continuum of service, from in home care and social centres for seniors, to retirement villages, affordable housing and residential aged care across Perth and regional Western Australia.

Bethanie’s aged care facilities, retirement villages, social centres and affordable housing are highly regarded, and frequently noted as benchmarks in the sector, with respectful and experienced care from over 2,000 people including 1,600 staff and more than 500 volunteers.

For further comment and information: 

Frank Richmond
Managing Director
Cirrus Networks
Tel: (08) 6180 4200
investors@cirrusnetworks.com.au
cirrusnetworks.wpengine.com