Harvest Technology Group Limited announced that it has secured an initial order with International Rescue, who have selected Harvest's ultra-low bandwidth, high-fidelity and secure NodestreamTM technology to play a key role in first response to emergency and disaster events globally. Headquartered in the United Arab Emirates, International Rescue is a humanitarian organisation supporting global aid to emergency events and disaster zones, operating aircraft, helicopters, and drones to provide aerial surveillance and imaging to rapidly assess aid requirements and ensure delivery of high speed first response. The announcement is the beginning of the relationship between the two companies.

The initial order is anticipated to be followed by ongoing orders on a regular basis to support continued global response. Material Terms Initial order value of approximately AUD234k for purchase of hardware and software licensing. Initial commitment to minimum term of 12-months.

There are no further conditions that need to be satisfied prior to this order becoming binding on the counterparty. The significance of this announcement is that it represents the first order from a customer with global reach with the prospect of expansion of this initial order in the future. Notwithstanding that Harvest sees this relationship as material, investors should note that it may not result in additional orders, however if the first deployment is successful, the company expects this relationship to grow beyond this initial order in the short term.