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EPX Limited (ASX:EPX)

ALERT: Price-sensitive ASX Announcement for EPX
Current share price for EPX : $0.165 0.137 (489.29%)+
Announcement
Release
11 Sep 2025 9:24AM
Price at Release
$0.028
Full Release
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Summary
EPX Limited has successfully secured a new seven-year contract valued at approximately A$5.3 million with RAFED Healthcare Supplies LLC, a major healthcare organisation in the United Arab Emirates. The contract involves deploying EPX's EDGE technology across 10 healthcare facilities to enhance energy efficiency and reduce energy costs and CO2 emissions. The agreement marks a significant expansion into the healthcare sector for EPX, highlighting its presence and growing influence in the UAE market. John Balassis, CEO of EPX, emphasized the importance of this partnership in furthering sustainability and cost efficiency targets.
Key Points
  • EPX secures a $5+ million seven-year contract with UAE's RAFED Healthcare Supplies LLC.
  • The contract involves deploying EDGE technology in 10 healthcare facilities.
  • New Annual Contract Value (ACV) is approximately A$700,000.
  • The total projected contract value is AED14.6 million.
  • EPX's ongoing expansion into the healthcare market sector.
  • EPX's CEO highlights the company's investment and presence in the UAE.
  • The contract aims to reduce energy costs and CO2 emissions.
  • EDGE technology provides sustainability data to healthcare facilities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.