Hansen Technologies Limited (ASX: HSN) (“Hansen”), a leading global provider of software and services to the energy, water and communications industries is pleased to announce that it has executed a Master Agreement (the “Agreement”) with Exelon Corporation to support its digital transformation.
The Agreement is for an initial term of seven years, with associated revenue of approximately USD 24.6m.
The key highlights of the Agreement include:
- Providing Hansen Market-Message – Hansen’s software-as-a-service market messaging and transaction processing solution
- Supporting Exelon’s four utility companies: Commonwealth Edison, PECO (formerly Philadelphia Electric Company), Potomac Electric Power Company (PEPCO), and Baltimore Gas and Electric (BGE)
- A cloud-based EDI transaction processing solution supporting a combined 10 million end-customers
“We could not be more excited at this opportunity to support Exelon by providing them with Hansen’s Market-Message solution.” said Andrew Hansen, Hansen’s Global Chief Executive Officer.
This announcement is authorised by the Chairman.
For further information:
| Andrew Hansen Chief Executive Officer +61 3 9840 3000 |
Graeme Taylor Chief Financial Officer +61 3 9840 3000 Investor.relations@hansencx.com |
About Hansen
Hansen Technologies (ASX: HSN) is a leading global provider of software and services to the energy, water and communications industries. With its award-winning software portfolio, Hansen serves 600+ customers in over 80 countries, helping them to create, sell, and deliver new products and services, manage and analyse customer data, and control critical revenue management and customer support processes.
For more information, visit www.hansencx.com