• Austco Marketing & Service (Canada) secures AUD $1.02 million, 5-year SMA contract with West Park Hospital
• Largest SMA contract in Austco's history, strengthening revenue predictability
• Contract highlights demand for Austco's healthcare communications solutions

Austco Healthcare Limited's (ASX: AHC) subsidiary Austco Marketing & Service (Canada) has secured a contract valued at AUD $1.02 million for a 5-year Software and Maintenance Agreement (SMA) with West Park Hospital, one of the company's largest customers. The agreement will commence on 1 April 2025 and represents the largest SMA contract in Austco's history, further reinforcing the company's strategic focus on expanding recurring software and service revenues. By securing long-term SMA agreements, Austco strengthens its revenue predictability while ensuring customers receive ongoing support, software upgrades, and system enhancements that provide long-term value. West Park Healthcare Centre, located in Toronto, Ontario, is a specialized rehabilitation and complex care hospital that has recently undergone significant redevelopment, featuring a new state-of-the-art facility aimed at enhancing patient recovery and long-term care services. The contract renewal emphasizes the significance of Austco's strategic initiative to boost recurring software revenues and highlights the increasing demand for the company's healthcare communications solutions, as well as the trust customers have in Austco's ability to deliver mission-critical products and support.

Austco Healthcare remains committed to pursuing strategic growth initiatives, ensuring that hospitals and healthcare providers worldwide receive the highest level of service, innovation, and support.