Australia's Simble Solutions jumps on contract with United Solar Group

Simble Solutions

30/04/2021 06:49

** Shares of Simble Solutions  SIS.AX  soar as much as 12.1%
to A$0.037, their biggest intraday pct gain since March 25
    ** Stock hits its highest since April 14
    ** Software services co announces it signed 3-year SaaS
(Software As a service) and energy IoT (Internet of Things)
agreement with renewable energy providers United Solar Group Pty
Ltd  urn:newsml:reuters.com:*:nASXc5Qjkp
    ** Says deal to provide solar and energy metering software
platform and apps coupled with third party energy IoT devices
    ** Says SaaS and hardware revenues will commence immediately
based on committed rollout of 500 residential sites    
    ** Stock has risen 6.5% this year, as of last close
    
  

 (Reporting by Vasudha Kaukuntla in Bengaluru)
 ((Vasudha.Kaukuntla@thomsonreuters.com;))