• Binding $1.3M (~$2M) contract signed with Provider Network Solutions (PNS) for 3DICOM platform deployment
• Initial 1,000 3DICOM MD Licences at $800 per licence, with additional $500k for AI and image repository development
• Positions SHG for first large-scale national rollout across PNS's partner network in 30 states

Singular Health Group (ASX: SHG) has signed a binding USD$1.3M (~AUD$2.0M) contract with Provider Network Solutions (PNS), a leading Managed Service Organisation (MSO) in Florida, Texas, and Puerto Rico. The contract allows for the initial deployment of 1,000 3DICOM MD Licences at US$800 per licence, with an additional USD$500,000 payable upon satisfaction of AI model marketplace and Image Repository development. The contract positions SHG for its first large-scale national deployment across PNS's partner and joint venture network in 30 states. SHG has also received firm commitments for an AUD$8.0 million placement at $0.35 per share, supported by new institutional investors as well as existing shareholders PNS and Marin & Sons. The funds will be used to support the national rollout and enhance product development of SHG's 3DICOM platform.

The PNS Commercial Contract has a total value of USD$1.3M (~AUD$2.0M), with an initial non-refundable payment of USD$300,000 already received. The balance of payments will be made during the 12-month term of the contract, commencing 1 July 2025.

SHG is targeting a substantial opportunity in the US healthcare market, with the 3DICOM licenses at USD$800 annually per Primary Care Physician (PCP). According to research, the US has 1.3 million PCPs, each affiliated with an average of 19 MSOs, providing a total addressable market (TAM) for annual licence fee revenue exceeding USD$19 billion.