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AR9 — Archtis News Story

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Australia's Archtis rises to two-month high on securing US bank contract

BUZZ-Australia's Archtis rises to two-month high on securing US bank contract

** Shares of Archtis Ltd AR9.AX rise as much as 9.5% to A$0.069, their highest level since July 14

** Stock extends gains for a fourth consecutive session

** The data-centric software solution provider receives A$119,000 ($84,454.30) contract from a Nasdaq-listed U.S. regional bank

** The contract is for company's proprietary Spirion Sensitive Data Platform, bringing total contract wins over the past two weeks to A$564,000

** The platform helps organisations monitor and protect sensitive data across their IT systems

** YTD, stock down 43.3%, including the session's moves

($1 = 1.4090 Australian dollars)


(Reporting by Paridhi Minda in Bengaluru)

((Paridhi.minda@thomsonreuters.com;))

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