Health IT business, IBA Health Group said on Friday it has signed two new agreements with a combined value of over $4 million with Otago District Health Board in New Zealand and JSY Systems, Brunei.
IBA's hospital information technology will be used by the Otago District Health Board in its Dunedin and Wakari hospitals and rural health centres throughout Otago in New Zealand's South Island.
The company said the contract is for 5 years and is valued over $3 million but worth potentially $7.5 million, if Otago exercise all its options.
Gary Cohen, IBA chief executive officer said: "these two wins further consolidates our strong position in the South East Asian region, providing our first installation in Brunei and a reference point for other business in Brunei and the region."
Chief executive of the Otago District Health said the software "provides greater depth of integration so staff can move between applications smoothly while retaining the patient context plus treatment and status details".
The second agreement in Brunei, valued at $1.2 million is with JSY systems, a subsidiary of Jurusy Perunding, a leading Brunei company. JSY will implement IBA's solution for a multi-national client whose clinics are spread across Brunei as well as in the South China Seas.
IBA Health has a market capitalisation of about $719.02 million.
It listed on the Australian Stock Exchange in 2000 at $1.00 per share.
Shares in IBA fell 0.1 cents to 92 cents at 12.22pm AEST.
