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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAGT: