MSL Solutions Limited Signs 5-Year Contract with O'brien Group
August 24, 2021 at 06:30 pm EDT
MSL Solutions Limited has signed a 5-year contract with O'Brien Group, to provide its modern and flexible point-of-sale (POS) solutions to AAMI Park, the rectangular stadium in Melbourne, Australia. The contract will see MSL install over 140 SwiftPOS terminals extending POS capabilities throughout AAMI Park through mobile devices and apps. The contract will generate a combination of software subscription revenue, hardware, maintenance and support services revenue over the initial 5-year term. The hardware and first 2 year's revenue relating to subscriptions, support and maintenance services is payable upfront, totalling $571,000, with further recurring revenue to follow in years 3 to 5 of the contract.