InteliCare inks reseller agreement with JNC Tech and Hardi Aged Care

Daniel Pilbrow, Chief Executive Officer, InteliCare

InteliCare Holdings Ltd (ASX: ICR) has signed a binding Reseller Agreement with JNC Technologies Group Holdings Pty Limited (JNC), a software business specialising in the aged care and NDIS sectors.

The agreement entails deploying InteliCare’s platform to Hardi Aged Care, a Sydney-based private family-owned aged care business with six facilities caring for approximately 600 residents. The contract is valued at $1.8 million in hardware implementation, with anticipated annual recurring SaaS fees exceeding $0.5 million over a three-year term. This marks InteliCare’s largest commercial deployment to date.

JNC, recognised for its software solutions in aged care governance, risk and compliance, quality standards, and consumer care environments, holds a strong presence in the aged care sector. The Reseller Agreement reflects InteliCare’s successful commercialisation strategy and the execution of its Reseller/Channel Partner focus for revenue generation. The agreement establishes revenue-sharing, with ICR retaining 66.67% of the margin from hardware and application software reselling fees.

The first deployment under this agreement is set for Hardi Aged Care’s six facilities in Greater Sydney, beginning in early 2024 and phased over six months. This development represents a significant milestone for ICR, demonstrating its ability to convert sales opportunities into substantial deployments and validating its approach to commercialisation through strategic partnerships.

Source: ASX release


Please enter your comment!
Please enter your name here