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SimiGon Wins $5.6m Contract from Check-6 in Exclusive Five-Year Agreement
Under the terms of the contract, SimiGon will be paid US$5.6m to license its SIMbox software over the five-year period, with a minimum of $1.1m per year starting this year. In addition to this, SimiGon will also receive royalty payments for each individual who trains using the SIMbox software. The revenue contribution from this contract was already factored into management’s expectations for the...
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