White Pearl Technology Group announced it has signed a new service contract with a major local government authority in South Africa. The contract, for IT Implementation and Support Services, commences immediately and is for a term of two years. The value of the contract is approximately USD 11 million (SEK 118 million) over the two-year term of the project and will begin to be reflected in WPTG's second quarter results.

This deal marks a major milestone in the development of WPTG's business and ensures that the strong growth rate is maintained in the coming years.