STOCKWATCH

Newgen Software Inc. Wins USD $1.5 Million Contract for Enterprise Content Management Solution

Newgen Software Technologies Ltd. announced that its material subsidiary, Newgen Software Inc. (NSI), has accepted a Letter of Award for the provision and implementation of an Enterprise Content Management Solution. The contract, valued at USD $1,524,806.00, is to be executed over a period of 5 years. The Company confirmed that this transaction does not fall under the definition of a related party transaction as per the Companies Act, 2013.

• Newgen Software Inc. wins a USD $1.5 million contract for an Enterprise Content Management Solution.
• The contract is to be executed over a period of 5 years.
• The transaction does not fall under the definition of a related party transaction as per the Companies Act, 2013.