Government security, Data Security, Government Regulations, Incident Response

Excite Technology Services secures $2.9 million government contract

Excite Technology Services has secured a significant contract with a federal government regulator, valued at $2.9 million over 24 months. This agreement highlights the growing demand for specialized digital forensics and investigative analytics solutions within government agencies, according to coverage from ARN.

Excite's subsidiary, CBIT, will provide digital forensics and investigative analytics software and related services until September 2028. The contract, announced to the Australian Securities Exchange, underscores the trust placed in Excite's capabilities when dealing with sensitive digital evidence. Excite CEO Bryan Saba expressed pride in supporting the regulator's work and noted this engagement builds on their established track record with government clients.

The contract is on standard Australian federal government terms, including provisions for termination or variation at the regulator's discretion. The identity of the customer is not considered material due to its sensitive nature. This win follows a period of growth for Excite Cyber, with a substantial portion of recent sales originating from government customers. Excite also recognizes AI cybersecurity as a key emerging growth area, with organizations actively evaluating security and governance requirements for AI adoption.

Source: Arn Net

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