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Tern company FundamentalVR wins contract from medical device company
StockMarketWire.com
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Internet of things investor Tern said portfolio company FundamentalVR had secured a three-year contract worth a minimum of £0.9 million from a global medical device company.
The contract was for the creation of a virtual reality platform, embedded on a headset, to accompany every installation of the new client's product, to teach and provide assistance to end users.
Tern said the contract would also deliver recurring annual revenues over its three-year term from licences and support.
At 9:26am: (LON:TERN) Tern Plc share price was 0p at 7.75p
Story provided by StockMarketWire.com
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