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Highlights

  • Excite Technology Services renewed a AUD 2.14 million contract with Keyton Retirement Living for managed cyber security and IT services.

  • The two-year agreement has an annual value of AUD 1.07 million, with an option to extend for an additional two years.

  • EXT shares traded 6.25% higher at AUD 0.009 on 3 September 2025.

Excite Technology Services Limited (ASX:EXT) has announced the renewal of a major contract with Keyton Retirement Living, valued at AUD 2.14 million over two years. The agreement covers a full suite of managed cyber security and managed IT services, reinforcing the long-standing relationship between the two organisations.

The new contract will see Excite continue to safeguard Keyton’s operations while supporting its technology transformation initiatives. With an annual value of AUD 1.07 million, the two-year agreement includes the flexibility to renew for an additional two years. Keyton also retains the option to terminate with six months’ notice, a standard provision in managed services arrangements.

Strategic Partnership Expansion

The renewal underscores the strategic importance of Excite’s integrated managed services offering, which combines cyber security and IT operations under one framework. By aligning with Keyton’s broader business objectives, Excite will provide flexible project resources when required, ensuring that technology functions are seamlessly adapted to evolving organisational needs.

Excite CEO Bryan Saba said the company was proud to extend its collaboration with Keyton:

“We are proud to continue our partnership with Keyton, an important customer that has entrusted Excite to support both their cyber strategy and IT managed services. This contract renewal demonstrates the confidence Keyton places in our people and our capability to deliver secure, reliable and responsive services. It also strengthens our ability to work side-by-side with the customer, ensuring they have access to the right expertise and project resources whenever they need them.”

Customer Profile

Keyton Retirement Living is one of Australia’s leading operators and developers in the retirement living sector. The company is known for creating secure and connected communities for residents across the country. Excite’s role in delivering reliable and resilient technology solutions is considered central to enabling Keyton to achieve its mission, particularly as the retirement living industry places increasing importance on secure digital environments.

Market Reaction

Following the announcement, shares of Excite Technology Services traded 6.25% higher, trading at AUD 0.009 on 3 September 2025.