Information on two significant contracts.

Polaris IT Group SA announces that it has sold to a UAE customer a license for the online learning system Enclosed learning, developed by its subsidiary iSRV Zrt. Polaris IT Group SA will earn approximately EUR 860,000 in revenues, of which 5% will remain with Polaris IT Group SA, and 95% will be the revenues…

Information on completing the contract

Polaris IT Group SA hereby announces that iSRV Zrt., being a member of the company group, has completed the agreement concluded in the spring of 2020. iSRV Zrt. has engaged itself in distributing medical equipment for two Hungarian state bodies, through a contributing partner, with a total contract value of approx. EUR 36 million. Following…

Software license sales agreement.

Polaris IT Group SA and its subsidiary iSRV Zrt. have agreed to distribute the software/license sales projects for B2B partners. Polaris IT Group SA has the distribution rights of the software/license developed by iSRV Zrt in those cases, where the potential buyer is not the end-user of the software. Following the agreement, the first transaction…

Conclusion of new contract

As a result of the advisory activity that began in October, Ark Royal SA received a new assignment in December. United Dots Ltd. and Ark Royal SA have decided to enter into a new agreement, where Ark Royal SA will be the key coordinator to implement a complex project based on machine learning and image…

Conclusion of contract

The Management Board of Ark Royal SA reports, that it has created a new business line focus on technology consulting, based on the professional experience and business network in the field of Artificial Intelligence development and the business strategy of the AI projects. On October 24, 2019, Ark Royal SA concluded a contract with its…