|NEWS & EVENTS|
|Stratech Awarded $2.7 Million Contract Extension for Government Medical Claims Proration System|
Singapore, 23 January 2013 – Singapore Exchange Mainboard listed Stratech Systems Limited ("Stratech") is pleased to announce that its contract with the Government of Singapore to operate and maintain the Medical Claims Proration System (MCPS) has been extended for two years from 1 Jan 2013 to 31 Dec 2014 at a contract value of $2.7 million.
The MCPS, developed by Stratech in 1998 to process medical claims of civil servants electronically, has been in service since 1999. The current operation and maintenance contract was originally awarded to Stratech in December 2011.
The contract will have a positive impact on the Group's financials from 1st January 2013.
Stratech Systems Limited
Public Service Division (PSD), Prime Minister’s Office