iWebgate expands US business

Company News


iWebgate Limited (ASX:IWG) says it is on target with its US expansion strategy since opening offices there earlier this year. 
 
iWebgate has expanded on the scope of an existing contract with a large US state government. 
 
The virtual technology company is also participating in three major US government tender processes with three separate government agencies. A decision on these projects is expected by the end of the year. 
 
A contract with a leading North American university is also progressing to the next stage. Meanwhile discussions with a leading American information company regarding hybrid cloud and mobile solutions are advancing well. 
 
iWebgate made a net loss of $7.42 million for the 2015 financial year. 

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