Excite renews managed services contract with retirement living company

ASX-listed cybersecurity vendor Excite Technology Services has secured a $2.14 million contract renewal with Keyton Retirement Living to deliver a suite of managed cyber security and managed IT services.

The new contract is for two years and may be renewed for a further two years.

Keyton Retirement Living is an owner, operator and developer in Australia’s retirement living sector, with over 75 villages across Australia, over 17,000 residents and over 900 staff.

Excite CEO Bryan Saba described Keyton as an important customer for the company.

"This contract renewal demonstrates the confidence Keyton places in our people and our capability to deliver secure, reliable and responsive services," he said.

"It also strengthens our ability to work side-by-side with the customer, ensuring they have access to the right expertise and project resources whenever they need them.”

Earlier this year, Excite won a $676,000 contract with the Department of Home Affairs.

In May, Excite secured binding commitments from investors to raise $2.8 million, to be directed towards organic growth initiatives, including strategic investments in the ASX-listed company's digital forensics training capabilities and offensive security services.