Recently listed Sydney software developer Clarity International has finalised funding that will lead to the completion of an $A18 million telecommunication contract for provision of operational support systems to the Philippines Long Distance Telephone Company (PLDT). Under a funding scheme that has been put in place with the Australian Export Finance and Insurance Corporation, Clarity is able to claim payment directly from EFIC.
Tony Kalcina, CEO of Clarity, said that under the terms of the deal Clarity will provide PLDT with its integrated Operational Support System suite which will be used to deliver real time management of the carrier's networks, provisioning and customer care business processes. Clarity will also supply hardware, project management, interface development services, acceptance testing and training. The developer will service the contract from its offices in Sydney and the Philippines, although all development work will be performed in Australia.
"We are well on target to our revenue forecasts and this win is a concrete example of how we will apply float funds to fuel Clarity's global expansion," Kalcina said.