Passus signed PLN 4.7 million contract with State Treasury entity

Passus, a producer and integrator of specialist solutions in the field of security and network and application performance listed on NewConnect, has signed an agreement with an entity owned by the Polish State Treasury. The contract provides for the delivery of an advanced network monitoring and protection platform along with the implementation and technical support service. Payment will be made after delivery and configuration of the solution, which is planned for the beginning of February.

“This is another contract that we have finalized in recent months. Historically, in the fourth quarter, we sign a large number of significant contracts and acquire new clients. I am convinced that this will positively translate into current and future financial results.” – comments Tadeusz Dudek, president of the board of Passus.

Payment for the order will be made in 2 installments. The first, in the amount of PLN 4.5 million, will be paid after delivery and configuration of the solution within 60 days from the date of signing the contract. In turn, the second, in the amount of over 100,000 PLN will take place after the technical documentation has been submitted.

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