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Press ReleasesSagtec Global (NASDAQ SAGT) Achieves Key Milestone in UAE Smart Hospitality Deal; On Track for 2025 Revenue Recognition

Sagtec Global (NASDAQ SAGT) Achieves Key Milestone in UAE Smart Hospitality Deal; On Track for 2025 Revenue Recognition

KUALA LUMPUR, Malaysia, July 25, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a provider of enterprise software solutions for high-growth verticals, today announced the successful delivery of the first phase of its previously disclosed US$10 million smart hospitality contract in the United Arab Emirates (UAE), in partnership with SMD Tech – FZCO. The Company has received the first milestone payment, validating both project execution and commercial delivery.

Source: https://www.globenewswire.com/news-release/2025/07/25/3121805/0/en/Sagtec-Global-NASDAQ-SAGT-Achieves-Key-Milestone-in-UAE-Smart-Hospitality-Deal-On-Track-for-2025-Revenue-Recognition.html

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