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Element List	Explanation
Introduction	Axelerated Solutions Company for Communications and Information Technology announce the signing of a contract for the supply and installation of technical equipment with a government entity, valued at 23,596,241.65 Saudi Riyals (including VAT).
Date of Announcement of the Award	2024-12-29 Corresponding to 1446-06-28
Contract Subject Matter	supply and installation of technical equipment
The Entity with Which the Contract was Signed	Governmental entity
Date of Signing the Contract	2025-09-16 Corresponding to 1447-03-24
Contract Value	23,596,241.65 Saudi Riyals (including VAT).
Contract Details	Axelerated Solutions Company implements best-in-class archiving solutions for enterprise systems, ensuring data preservation and protection, compliance with regulations, retention of records for required periods, secure record destruction, when necessary, report generation, and reduced load on primary storage devices, all while guaranteeing data integrity and system performance.
Contract Duration	24 Months.
Financial Impact and the Relevant Period	The contract is expected to have a positive financial impact on the company’s financial statements during the years 2025 and 2026
Related Parties	None
Additional Information	All necessary signatures have been completed, and a copy of the contract was received on Tuesday ,24-03-1447AH, corresponding to 2025-09-16AD. The necessary approval for publishing the announcement were obtained on Thursday 26-03-1447 AH, corresponding to 18-09-2025 AD.

Axelerated Solutions Company for Communications and Information Technology announce the signing of a contract for the supply and installation of technical equipment with a government entity, valued at 23,596,241.65 Saudi Riyals(including VAT).