A2Z Smart Technologies Awarded New US$1.5 million Contract with Israeli Government
TEL AVIV, ISRAEL / ACCESSWIRE / March 16, 2021 / A2Z Smart Technologies Corp. ("A2Z" or the "Company") (TSXV:AZ) (OTCQX:AAZZF), an innovative technology company specializing in state-of-the-art automation and electronics technology, announces today that its military and defense division, A2Z Military Solutions, has received a new contract from the government of the State of Israel.
The new contract is a multi-year (four to five years) service and maintenance contract with the Ministry of Internal Security - the Israeli Prison Service. The contract's value is in excess of US$1.5 Million over the life of the contract. The contract is expected to commence by the end of March 2021.
CEO of A2Z Mr. Bentsur Joseph states: "We are delighted to receive this new contract which will significantly increase our military and defense division's revenue. We value our trusted status that has been achieved over 30 years of dedicated support to our government partners. The contract is for the service and maintenance of highly complex systems and shows the capabilities of A2Z in providing quality support. These are incredibly exciting times for our company and shareholders with the deployment of our Smart Cart and also taking the next steps for our life saving FTICS system."
On Behalf of the Company,
Bentsur Joseph, CEO
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
Warren Buffett
