Zanett Q4 New Contracts Signed Total $13.7 Million; New Healthcare Focus On Target Quarter over quarter revenue guidance up 10-12% Jan 13, 2010 8:30:00 AM Email Story Discuss on ZenoBank
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NEW YORK, Jan. 13 /PRNewswire-FirstCall/ -- Zanett, Inc. (NasdaqCM: ZANE), a leading consulting firm specializing in business process outsourcing (BPO), IT enabled services (ITES), and information technology (IT) serving Fortune 500 corporations and mid-market organizations, in Healthcare, Life Sciences, Manufacturing & Distribution, Retail, Gaming & Hospitality, and State & Local Government, today announced it has signed 99 new contracts during the fourth quarter worth approximately $13.7 million.
Highlights of the Q4 activity:
-- two contracts worth a total of $3.1 million with two of the nation's leading hospitals and healthcare providers. -- a $1.7 million agreement with an international airport which ranks in the top 10 in the world in total amount of cargo and accommodates annually more than 4 million passengers. -- a $1.2 million agreement with a leading global clinical research organization involved in the biopharmaceutical industry.
-- a $1.1 million agreement with a state owned electric and water utility and one of the nation's largest power producers.