AIQ Limited New Contract (2339U)
March 27 2023 - 2:00AM
UK Regulatory
TIDMAIQ
RNS Number : 2339U
AIQ Limited
27 March 2023
27 March 2023
AIQ Limited
("AIQ" or the "Company" or, together with Alchemist Codes and
Alcodes International, the "Group")
New Contract
AIQ (LSE: AIQ) is pleased to announce that Alcodes
International, the Group's IT consultancy business headquartered in
Hong Kong, has been awarded a contract to set up a virtual
datacentre.
Under the terms of the contract, which is worth US$458,600, the
Group will receive payment in tranches upon completion of
milestones, with the project expected to be fully delivered in
approximately seven months. For this project, the Group will
perform the role of project manager and subcontract the technical
delivery, such that the net benefit to the Group is the margin
earned on the contract.
Edwin Li, Executive Director, said: "We are delighted to have
received this contract, which is from a new customer. Following our
successful delivery of a DeFi DEX and an NFT marketplace, it is
great to now be providing a virtual datacentre - another key
element of IT infrastructure. We look forward to delivering this
project and to continuing to expand our business."
Enquiries
AIQ Limited c/o +44 (0)20 4 582 3500
Harry Chathli, Chairman
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Guild Financial Advisory Limited
(Financial Adviser) +44 (0) 7973839767
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Ross Andrews
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Gracechurch Group (Financial PR) +44 (0)20 4582 3500
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Claire Norbury
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