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Knosys Limited (ASX:KNO)

ALERT: Price-sensitive ASX Announcement for KNO
Current share price for KNO : $0.025 0.008 (47.06%)+
Announcement
Release
27 May 2026 9:09AM
Price at Release
$0.017
Full Release
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Summary
Knosys Limited announced a two-year contract extension with ANZ, valued at $3.8 million, for the continued use of its KnowledgeIQ solution. The contract, which includes an optional third year, will see Knosys receiving the full payment upfront, enhancing its cash flow. This extension underscores Knosys' role in supporting ANZ's strategic initiatives, particularly the integration of a new AI assistant within its knowledge management framework. Knosys, a SaaS provider based in Melbourne, specializes in information and knowledge management solutions, catering to businesses globally.
Key Points
  • ANZ signs a 2-year contract extension with Knosys for $3.8 million.
  • The contract includes an optional 3rd year.
  • Knosys will receive the full 2-year payment upfront.
  • The extension is for Knosys’ KnowledgeIQ solution.
  • KnowledgeIQ serves as a System of Record in the AI value chain.
  • The extension supports ANZ's integration of a new AI assistant.
  • Knosys focuses on SaaS solutions for information and knowledge management.
  • Knosys is headquartered in Melbourne and operates internationally.
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.