Covata signs major European deal

Company News


Covata Limited (ASX:CVT) say they have won a deal to roll out their product to one of Germany’s largest insurance companies. 
 
The major deal for the Safe Share file sharing solution is a 3 year, 20,000 user enterprise deal with the customer to remain confidential until details are finalised in the new year. 
 
The contract has come about as part of Covatas strategic partnership with NSC Global and T-Systems. 
 
Covata reported a net loss of $27.46 million for the 2015 financial year. 

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