Gentrack signs Hunter Water

23 August 2017 Gentrack Group (NZX/ASX: GTK), is pleased to announce the signing of a multi-million dollar contract with Hunter Water Corporation, to provide a new billing and customer management system. The project is expected to be completed in 2018 and does not change Gentrack's previously announced financial outlook for FY17. Gentrack has seen widespread adoption of its market leading solution designed specifically for Australian utilities and is experiencing rapid growth. According to Gentrack CEO, Ian Black the selection is an endorsement of the company's industry expertise and focus. "We've maintained a long history of working with Australia's water suppliers to understand the key challenges of modern water supply businesses. This has given us the expertise to offer a billing, customer and revenue management solution that enhances customer service, improves accuracy and ensures operational efficiency across the entire water business. Hunter Water is acknowledged as one of Australia's leading water suppliers and we are excited to partner with them on this significant transformation programme." Hunter Water, a state-owned provider of water services to over half a million people in New South Wales, Australia recently celebrated its 125-year anniversary and was the first utility in Australia to offer a 'user pays' water pricing system. The business employs over 450 staff and manages an asset base of more than $2.5 billion of water, wastewater and recycled water infrastructure for the Lower Hunter region. END Contact Ian Black - CEO +64 9 966 6090 About Gentrack Gentrack provides essential software for essential services, pairing powerful platforms with deep market knowledge to help utilities and airports lower service costs, foster innovation and confidently navigate market reform. It employs over 350 people in offices across New Zealand, Australia, the UK and Europe and services over 200 utility and airport sites in 20 countries with its leading solutions including Gentrack Velocity, Junifer, Airport 20/20, BlipTrack and Concessionaire Analyzer+ (CA+). Velocity and Junifer are leading billing and customer management solutions providing a full range of proven capabilities from SaaS solutions for new entrant energy and watersuppliers, to cloud hosted and on premise solutions for larger utilities in competitive markets where flexibility, uniqueness and compliance are essential. Airport 20/20, BlipTrack and CA+ provide a comprehensive solution suite engineered to connect and unlock the value of airport operational, revenue, concession and passenger data. This real-time insight enables airports to run a more efficient operation, uncover new growth opportunities and build an outstanding traveller experience. More information: www.gentrack.com End CA:00305986 For:GTK Type:GENERAL Time:2017-08-23 09:58:39