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Sagtec secures $30M revenue pipeline through UAE partnership

Sagtec (SAGT) Global announced its international growth strategy through the signing of a Master Dealership Agreement with SMD Tech – FZCO, a premier technology distributor based in Dubai, United Arab Emirates. Under the terms of the agreement, SMD Tech is appointed as Sagtec’s exclusive master dealer for its flagship Speed+ Cloud-Based Smart Ordering System across Dubai with a firm commitment to purchase a minimum of 10,000 software licenses over the next five years. This translates into an expected revenue pipeline of no less than US$30 million, substantially enhancing Sagtec’s long-term recurring revenue visibility and global market penetration.

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