Total Brain Limited announced that its affinity partner IBM has entered into a contract with the first government client of the IBM Health & Wellness 360 platform. TTB supplies the Total Brain platform for use within IBM's application, which targets the support of large populations in transition. The initial roll-out of IBM's application is for 25,000 users, which represents AUD 600k in ARR to TTB.

The contract between IBM and its government client includes provisions for potential deployment up to hundreds of thousands users over the next 2 years, representing a very significant additional ARR opportunity for Total Brain. IBM's platform is being introduced as a health and resources tool for the IBM government client constituents and is funded directly from the government agency's budget. This represents the first phase of a deployment to the client's eligible population.

Subsequent phases that could be considered include (i.) a roll-out to the entire benefit-eligible population of 18M individuals and (ii.) the upsell of additional features such as Stress Management through Heart Rate Variability ("HRV") and Clinical Care Support.