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Edarat Communication and Information Technology Co. (EDARAT) announces Contract Sign Off with NEOM.

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EDARAT
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1446/04/24     27/10/2024 08:12:14

Element ListExplanation
Introduction Edarat Communication and Information Technology Co. (EDARAT) announces the receipt of a new purchase order for an existing Cloud contract with NEOM to provide Infrastructure as a service (IaaS) and platform as a service (PaaS).
Date of Announcement of the Award 2024-10-25 Corresponding to 1446-04-22
Contract Subject Matter Cloud Services.
The Entity with Which the Contract was Signed NEOM
Date of Signing the Contract 2024-10-25 Corresponding to 1446-04-22
Contract Value 8,625,000 SAR (VAT included).
Contract Details The new purchase order is an extension to an existing framework contract that was announced on May 10 2023 to deliver Cloud Services to NEOM.
Contract Duration 12 months.
Financial Impact and the Relevant Period This contract is expected to have an impact on the financial statements of the company during Q4 of 2024.
Related Parties N/A

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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