ASG reveals $21 million in contract wins

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ASG reveals $21 million in contract wins
ASG's managing director Geoff Lewis.

ASG has signed contracts worth $21 million, in a further sign of a turnaround in the fortunes of the Perth service provider.

As well as these wins, ASG has additional agreements worth $80 million in "final stages of approval", according to a statement released to the ASX.

The wins continue ASG's bounce back from last year, when it recorded a loss of $6.9 million in the first half of 2013. The provider underwent a significant restructure, including the loss of 50 jobs.

Since then, ASG reported a net profit before tax of $5.6 million earlier this year, while also reporting $200 million in opportunities at proposal or qualification stage.

The provider has revealed it has signed Melbourne University as a new customer. Other key clients include the Australian Transport Safety Bureau, which is using ASG's Department in a Box cloud service.

ASG will also be delivering business intelligence, SAP and Oracle as a service to existing customers Clough and Future Fund.

At the government agency level, ASG's managing director Geoff Lewis cited the Commission of Audit findings as a key factor in driving new business.

ASG has championed the transaction-based services model, or its "New World" strategy. In this week's announcement, the company reported that 60 percent of its signed contracts are for New World services.

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