Knosys (ASX:KNO), a global software-as-a-service (SaaS) information technology company, is pleased to announce that Optus has signed an additional one (1) year contract extension for the continued use of Knosys’ market leading knowledge management platform, KnowledgeIQ.

The value of this contract extension is expected to exceed $1 million and demonstrates Optus' commitment to the KnowledgeIQ solution.

This provides Knosys with visibility on their recurring revenue base over the years ahead, enabling them to make strategic investment decisions on the further development of this solution.

Knosys is based in Melbourne and specializes in helping businesses manage information and knowledge.

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