The Executive Board of DataWalk S.A. (“Company”, “Issuer”) registered in Wroclaw, Poland, hereby informs that today it concluded an extension to a contract with an entity providing cloud computing services based in Warsaw in order to implement the project at the request of the state administration body. This extension expands the scope of the original license and services, increasing the initial scope of analytical support in activities related to the prevention of the development of the pandemic and the effects of COVID-19 with analytics focused on the areas of sanitary inspection.
This extension changes the parameters of the license granted to date and the scope of services in relation to the initial order. The Issuer informed about the originally concluded contract in the report No. 8/2020 of May 9, 2020 and in the report No. 49/2020 of December 29, 2020.
This follow-on purchase by the current client confirms the effectiveness of the commercialization model adopted by the Company and the usefulness of the DataWalk product in applications related to epidemiological and crisis management in public sector entities.
The Executive Board of the Company recognized the fact that signing this extension is confidential information, as increasing the business size with Customer may have a positive impact on competitive position of the Issuer’s Capital Group which may impact the future financial situation and development prospects of the Issuer and its Capital Group.