IT services provider ASG Group, in conjunction with Sydney-based consulting company Capiotech, has secured a five-year, $13 million contract with Qantas to provide additional services.
The announcement is below:
IT Services provider ASG Group (ASX: ASZ) is pleased to announce that it has signed a new contract to provide additional IT services to Qantas.
The 5 year contract was secured in conjunction with IT consulting company Capiotech and is valued at a total of $13 million.
Under the terms of the contract, ASG and Capiotech will provide application managed services to support the airline's financial reporting and planning applications.
The project will be managed and delivered out of ASG's Northern Region operation based in Sydney.
ASG has worked with Qantas on previous IT projects. In 2006, ASG's Northern office was contracted to provide IT systems integration and management services to support the airlines' eQ Finance project.
ASG Chief Officer - Sales & Strategic Operations, Murray Rosa said the joint win was a significant achievement for ASG and its partner Capiotech.
"We're pleased to have signed this contract with our partners Capiotech against very strong competition," said Mr Rosa.
"It is a testament to our service and delivery capability that we have successfully secured repeat business with one of Australia's national icons."
"After working with Qantas for the past 30 months we're happy to be selected to work with this customer again," he said.
Mr Rosa said the Company's ability to secure additional work from existing customers was a key advantage in the current economic downturn.
"It is our strong, long term relationships with blue chip clients such as Qantas that will enable us to maintain a steady flow of new work through the ongoing economic instability.
"We look forward to working with Capiotech and successfully delivering this project for our client."
Mr Rosa added that ASG's contract pipeline remained strong and the company was confident of further success in the near future.
