Knosys Limited announced that Singtel has signed a two (2) year contract extension for the continued use of Knosys' market leading knowledge management platform KnowledgeIQ. The value of the contract over the two year period is expected to be $750,000. In addition, Singtel will upgrade to the latest release of KnowledgeIQ over the next six months to benefit from the new product features and capabilities.

This contract extension, in addition to the recently announced three year contract extension with ANZ Bank provides further validation of the Company's enterprise Knowledge Management solution and underpins the recurring revenue over the years ahead. Knosys is now implementing an industry vertical approach with its portfolio of SaaS solutions to further drive sales in year 2023 and beyond.