What has happened?
HomeStay Care Limited (ASX:HSC, "HomeStay") announced they have been awarded a tender to upgrade technology at multiple sites of residential care in South Australia for Aged Care & Housing Group Inc (ACH Group),
What is the background?
The ACH Group tender sought a solution targeting efficiency and optimisation with the use of IoT technology across its nine residential aged care sites. These sites currently include more than 800 residents collectively.
What is involved?
The project involves the installation, service and maintenance of assistive technology to the nine residential aged care sites by HSC on a site by site basis, with each site being the subject of a separate purchase order. Work will commence with the rollout of the initial Kapara site in Glenelg, South Australia for 137 residents including the deployment of the Essence APAC multi-site cloud portal.
Why is this significant?
A purchase order for approximately $500,000 has been received for the initial site and project set up which has been invoiced in accordance to the project delivery schedule. HomeStay care will announce further material purchase orders in respect of other ACH Group sites as and when they are made.