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Hyro double dips with Victorian Government

Two significant contract wins with the Victorian Government a boost for the managed services provider, following from shaky results earlier in the month

Managed services provider, Hyro (ASX:HYO), has extended its relationship with the Victorian Government through two new contract wins.

It has scored a deal with the Victorian Department of Innovation, Industry and Regional Development (DIIRD) to enhance its solution architecture for intranet services, improve functional development for the enhanced platform and provide remediation, standardisation and optimisation services. The contract runs across multiple years and involves product and vendor liaison.

Hyro has also won a contact with Aboriginal Affairs Victoria (AAV) for the provision of bespoke application development services. It will implement a custom-built Java solution in partnership of Cohga, designed to overcome limitations around spatial and aspatial integration of heritage spaces, enable regional access to mapping data and enhance the reliability and processing speeds of registry applications and reports.

The values of the contracts could not be revealed, but in a release to the ASX the managed services provider claimed they were for significant sums. CEO, Bill Votsaris, said both demonstrated a continued confidence in Hyro from the Victorian Government.

Hyro posted some shaky results to the ASX in September, but remained confident of its market position, following from the arrangement it came to with the Lehman Brothers in August.

It also recently sold its Synergy Plus business to ComputerCorp, but last year purchased Commander’s managed services arm.

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Comments

1

Anonymous

Thu 17/09/2009 - 02:33

Kallidos http://bit.ly/18rSZj a joint venture of Hyro ltd (ASX:HYO) http://bit.ly/OanRr has not paid their (ex-)employees' salaries in full for at least 2 mths, from Apr 2009 to Jul 2009
The former employees have lodge a case in the Labour Tribunal of Hong Kong Special Administrative Region of China for investigations.

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