Smarttech247 extends contract with major Irish hospital

(Sharecast News) - Smarttech247 announced a significant contract extension with an unnamed major hospital in Ireland on Monday, valued at about €0.5m over four years. The AIM-traded firm said the agreement would build on an existing relationship, and involve the integration of an advanced endpoint detection and response (EDR) solution into the hospital's existing VisionX managed detection and response (MDR) platform.

It said the enhanced cybersecurity deployment would strengthen the hospital's defences, delivering real-time threat detection, faster incident response and improved protection of critical systems and sensitive patient data.

The contract extension reflected growing demand for robust cybersecurity in the healthcare sector, the board explained, where operational resilience and data protection were being increasingly prioritised.

"This win is further validation of our VisionX MDR offering and our capability to deliver enterprise-grade cybersecurity solutions tailored to high-impact environments like healthcare," said chief executive officer Raluca Saceanu.

"We're proud to be supporting one of Ireland's leading hospitals in strengthening its cyber resilience."

Saceanu said the latest success strengthened Smarttech247's growing footprint in the healthcare sector, and reinforced its position as a "trusted cybersecurity partner".

"Importantly, the win also reflects our continued successful execution of our 2025 strategy, which focuses on increasing total contractual value through effective upselling and cross-selling across Smarttech247's suite of cybersecurity solutions."

At 1312 GMT, shares in Smarttech247 were down 1.69% at 7.25p.

Reporting by Josh White for Sharecast.com.