Ksolves Receives $0.5M AI Order from Demerara Bank

Core Announcement – Order Details

Awarding Entity: Demerara Bank Limited, Georgetown, Guyana

Domestic/International Order: International Order, Guyana, South America

Nature of Order/Contract: IT Services – To implement an Agentic AI solution along with its underlying technology infrastructure. The order is described as a key strategic initiative for the client's digital transformation projects.

Order Value: USD 0.5 million (United States Dollars zero point five million)

Materiality Context: The order strengthens the company's existing partnership with Demerara Bank Limited across the Bank's digital transformation projects.

Execution Timeline: 7 months

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No

Financial Implication: Not Specified