Excite announces $2.14 million contract with Keyton

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Stock Excite Technology Services Ltd (EXT.ASX)
Release Time 3 Sep 2025, 9:57 a.m.
Price Sensitive Yes
 Excite announces $2.14 million contract with Keyton
Key Points
  • $2.14 million contract renewal with Keyton Retirement Living
  • Two-year term, with option to renew for further two years
  • Provides Managed Cyber Security and Managed IT services
Full Summary

Excite Technology Services Limited (Excite or the Company) (ASX:EXT) is pleased to announce it has secured a $2.14 million contract renewal with Keyton Retirement Living (Keyton) to deliver a comprehensive suite of Managed Cyber Security and Managed IT services. This agreement reinforces Excite's strong, long-standing relationship with Keyton and reflects the customer's continued trust in Excite's ability to safeguard their operations and support their technology transformation. Keyton's decision to renew and expand its engagement highlights the strategic importance of Excite's integrated cyber and IT managed services offering. The contract will allow Excite to work even more closely with Keyton, providing flexible project resources as and when required, and ensuring that cyber security and IT operations are seamlessly aligned with the customer's strategic objectives. Key terms of the agreement include an annual value of $1.07 million, a two-year term with an option to renew for a further two years, and the ability for the customer to terminate with six months' notice.

Guidance

The contract has an annual value of $1.07 million and a two-year term, with an option to renew for a further two years.