• RocketBoots extends SaaS contract with major Australian retail bank
• 6-year foundation partnership continues with new 2-year contract
• Annual contract value increases to $214K, up $52K

RocketBoots Limited (ASX:ROC), an artificial intelligence software company, has announced the extension of its SaaS contract with a major Australian retail bank. The new contract continues a 6-year foundation partnership, providing RocketBoots' software across the bank's branch network. Over this time, RocketBoots has established opportunities to optimize the bank's workforce, improve customer service, and provide operational transparency. The new annual contract value is $214K, an increase of $52K from the previous agreement. The contract term is 2 years with a prepaid total contract value of $432K. RocketBoots confirms that the identity of the counterparty is not information that a reasonable person would expect to have a material effect on the price. The company continues to focus on scaling the business internationally, with an advanced pipeline of multiple opportunities that have completed trials and are evaluating longer-term, larger-scale deployment of RocketBoots software.

The company continues to focus on scaling the business internationally, with an advanced pipeline of multiple opportunities that have completed trials and are evaluating longer-term, larger-scale deployment of RocketBoots software.