Australia's Rocketboots gains on software extension from customer

RocketBoots

21/12/2021 02:50

** Software developer's shares  ROC.AX  rise as much as 6.7%
to A$0.16, on track for sharpest single day pct rise since Dec.
10
    ** Company says an existing customer will extend the use of
its Beehive software, a computer vision based machine learning
application  urn:newsml:reuters.com:*:nASX7JLPSR
    ** ROC will get ~A$100,000 inclusive of all services for an
initial term of 12 months, related to the extension 
    ** Company says contract increases annual recurring revenue
for ROC
    ** Company's shares down 16.7% since its ASX listing on Dec.
7

 (Reporting by Roushni Nair in Bangalore)
 ((Roushni.Nair@thomsonreuters.com))