Infocus Group Holdings (ASX:IFG) secured two key contracts in the healthcare and logistics sectors, which may generate AU$1.7 million in revenue over the next two years, according to a Thursday Australian bourse filing.
This includes a master services agreement with Alyssa Global Health, the developer and operator of a cloud-based hospital information and management platform, with InFocus providing technology and engineering resources.
It also entered a master services agreement with Thai firm Forward Insight, the developer and operator of a cloud-based logistics optimization platform and network, where the firm is providing engineering and strategic consultancy services.
Its shares fell 5% in recent trading on Thursday.