Another milestone win Austco Healthcare Ltd Secures $5.0m Contract to Supply New Surrey

Austco Healthcare Ltd Secures $5.0m Contract to Supply New Surrey

Hospital with Industry-Leading Tacera System

• Agreement to supply Austco’s advanced Tacera alarm management and

clinical workflow solution

• Construction commenced, expected completion in 2029

• Contract win boosts Austco Healthcare Group’s contracted orders to a

record $46.2m

Austco Healthcare Limited's (ASX: AHC) subsidiary, Austco Marketing & Service (Canada), has

secured an AUD $5.0M contract to provide its industry-leading Tacera alarm management and clinical

workflow solution for the new Surrey Hospital in Vancouver, British Columbia.

The new Surrey Hospital will feature over 650 beds, including 48 Intensive Care Unit (ICU) beds and

25 Neonatal Intensive Care Unit (NICU) beds. It will also house a new emergency department, the

second largest in Canada, with specialized care areas for children, mental health patients, and those

with less urgent needs. This facility will significantly enhance access to critical healthcare services for

the residents of Surrey and the surrounding areas.

This high-profile project will include Austco Healthcare’s most advanced alarm management and

clinical workflow solution, featuring over 513 full IP patient stations, 559 clinical workflow terminals,

and Webservices interfaces for seamless systems integration. Critical messages, including medical

emergency notifications, will be delivered to application stations installed throughout the facility,

ensuring staff are promptly notified and can act quickly. Two-way audio will connect patients to

healthcare personnel in real-time, improving workflow, driving efficiencies, and reducing risk.

The new Surrey Hospital will become a landmark healthcare facility designed to meet the growing

healthcare needs of Surrey's rapidly expanding population. It will provide state-of-the-art medical

services and enhance access to high-quality care.

"This contract is a significant milestone for Austco Healthcare and underscores the importance of the

Company’s investment in developing advanced clinical healthcare solutions for modern healthcare.

Our Tacera system will enhance patient care by ensuring timely communication and efficient workflow

management. We are excited to collaborate with the New Surrey Hospital to deliver technology that

supports their commitment to exceptional patient care," said Clayton Astles, CEO of Austco

Healthcare.

Construction of the new hospital has commenced, with revenue recognition expected to begin in

FY25.

This announcement has been approved for release by the Board of Austco.