Hyro lands $4 million Agility Interactive deal
- 06 May, 2011 11:10
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ASX-listed digital services company, Hyro (ASX:HYO) has signed an agreement with wagering and media company, Agility Interactive, to develop components for its online wagering products.
Under the $4 million agreement, Hyro will also supply a range of customer experience services and augment Agility’s technical services.
The news comes on the back of securing a deal with banking and financial services provider, ANZ to implement a major portal project.
The digital portal solution provides ANZ with a go-to-market platform for their marketing strategy, arming customers with news, research and information sourced from experts.
The types of services supplied includes business analysis, solution architecture to a range of technical and development services.
In March, Hyro entered into a trading halt placing three of its subsidiaries, Fluoro, One Planet Solutions and Hyro Services into voluntary administration.
It settled an $8.5 million legacy debt for a cash payment of $1.2 million with the Australian Taxation Office.
At the time, Hyro chairman, Robert Clarke, said the settlement presented the final step in restructuring and refocusing the group.
Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.
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