UXC wins A$40M network infrastructure contract 

(MENAFN - ProactiveInvestors - Australia) UXC (ASX: UXC) has secured a contract worth in excess of A40 million to provide and install the ICT infrastructure for the new Gold Coast University Hospital at Southport, Queensland.

It is the largest single contract for delivery within a 12 month period won by the company in recent times.

The Gold Coast University Hospital, which is due to open in September 2013, will support 750 overnight and 241 same-day patient beds.

The hospital will provide super specialist services for oncology, neurosurgery, cardiac and paediatrics.

Managing contractor Lend Lease has contracted UXC as the sole supplier of goods and services for the hospital's ICT infrastructure.

UXC's scope of work encompasses Data Centre, Wired Network, Wireless LAN, Unified Communications and IPTelephony, Real Time Location Services and Mobile Duress, Firewalls and Security, and the Patient Entertainment System.

Delivery by UXC will begin immediately.

UXC strategy

UXC has made substantial progress on its strategy execution and is now a profitable, more competitive, pure play IT company with a debtfree balance sheet, strong cash position and good free cash flow.

The company delivered on its fiscal 2012 earnings intentions, and the first half of fiscal 2013 is on track for double digit earnings growth.

Revenue for the first quarter of the 2013 financial year is on track and ahead of the previous corresponding period, largely due to continued growth in service and annuity revenue.