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CloudBuy Wins Three-Year Contract With HealthShare NSW In Australia

Tue, 19th Apr 2016 08:03

LONDON (Alliance News) - CloudBuy PLC on Tuesday said it has secured a new contract with HealthShare NSW in Australia, the service delivery arm of NSW Health, the public health services provider for New South Wales.

CloudBuy, which provides cloud-based e-commerce marketplaces, said the GBP332,996 contract is for three years, with the option to extend for another two years.

CloudBuy will provide its SpendInsight platform, along with other services, to help HealthShare NSW gain regular analysis on its historical spend data and help identify areas for savings and efficiencies.

"We are pleased to secure this key Australian client, demonstrating our growing credentials in this market," said CloudBuy Chief Executive Lyn Duncan.

CloudBuy shares were up 9.8% to 8.375 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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