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Sagtec Global Executes Data Center Management Agreement With Viryatec To Expand Into AI Infrastructure
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Sagtec Global Limited (Nasdaq: SAGT) ("Sagtec" or the "Company"), a provider of AI-powered software solutions and enterprise technology platforms, today announced its strategic expansion into AI infrastructure following the execution of a Data Center Management Agreement with Viryatec Limited, a Hong Kong-based company specializing in information technology ("IT") and artificial intelligence ("AI") services and solutions.

Viryatec Limited has appointed Sagtec as its proposed Data Center Management provider for its planned AI-ready data center development in South East Asia. The engagement represents a significant milestone in Sagtec's long-term strategy to expand beyond enterprise software into digital infrastructure and mission-critical AI services.

Based on the current project scope, the Company expects the appointment to create an opportunity to generate approximately US$10 million in revenue over an anticipated 36-month service period, subject to the execution of definitive agreements, project implementation, and the commencement of operations.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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