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Linius Technologies Limited (ASX:LNU)
ALERT: Price-sensitive ASX Announcement for LNU
Current share price for LNU : $0.002 0 (0%)+
Announcement
Release
18 Nov 2025 9:04AM
Price at Release
$0.002
Full Release
Summary
Linius Technologies Limited has announced the extension of its contract with Racing.com for another 12 months for an annual fee of $96,000 plus GST. The company also provided an update on its proof of concept (POC) with a top-tier European Professional Soccer League, which is progressing well. Linius is integrating AI-powered natural language search into its platform and anticipates significant opportunities in sporting leagues across Europe after the successful completion of the POC. The contract with Racing.com remains on the same terms, and the company is ahead of schedule in content delivery and metadata integration with Racing.com.
Key Points
- Linius Technologies Limited extends contract with Racing.com for 12 months.
- Annual fee of $96,000 plus GST for Racing.com extension.
- POC engagement with European Soccer League progressing well, utilizing AI for natural language search.
- Significant opportunities anticipated in sports leagues across Europe following POC completion.
- Content delivery and metadata integration are on schedule with Racing.com.
- Contractual terms with Racing.com remain unchanged.
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.
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