K2fly bags Fortescue contract extension

K2fly has received a further contract extension with an existing client, Fortescue Metals Group (FMG)
K2fly bags Fortescue contract extension K2fly bags Fortescue contract extension K2fly bags Fortescue contract extension K2fly bags Fortescue contract extension K2fly bags Fortescue contract extension

The stockyard at FMG's Solomon Hub

Staff reporter

PRESS RELEASE: FMG uses K2fly's Infoscope Land Management solution to assist in its tenement management processes and has been using the software since 2012. The Infoscope solution employed by FMG now spans multiple business units including tenements & acquisition, heritage & native title, environment approvals and VTEC, among others.

FMG has recently raised purchase orders in excess of A$300,000 (US$221,000) to have additional developments made within its Infoscope solution and utilise highly experienced technical resources from K2fly. These assignments will commence in July and will be completed within the first half of the financial year ending June 2019.

Brian Miller, CEO of K2fly, commented: "We believe that this extension indicates the long-term value FMG sees in the Infoscope solution and we are proud to deliver outstanding services to them. The mining company uses the software to run some of its key business processes and is used on a Software as a Service (SaaS) basis. We are delighted to work in a collaborative manner with such a strong and innovative company. This services and consultancy contract extension comes at a time when other service contracts have been won by K2fly including significant opportunities with Western Power which were previously announced. This will have a material impact on K2fly's revenues in the first half of FYE 2019."