7 December 2015 - SYDNEY - nearmap ltd
(ASX:NEA), today announced the signing of a contract with an annual value of $1.47m. The contract has been signed with an existing customer to provide extended usage through its organisation.
This agreement demonstrates nearmap’s successful business model of working in partnership with customers to grow wider and deeper adoption, adding more value to its business.
The customer has already experienced significant benefits from using nearmap’s current and frequently updated high resolution aerial imagery and data visualisation tools. With the new agreement, the customer will broaden the utilisation of nearmap across the organisation.
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