[Announcement+] Wise I Tech to Participate in 1.6 Billion KRW Shinhan Life-Orange Life IT Integration Project

[Asia Economy Reporter Hyunseok Yoo] Machine learning specialist company Wise ITEC announced on the 20th through a public disclosure that it has signed a supply contract with LGCNS for the 'Shinhan Life-Orange Life IT Integrated Data Conversion' project.

The contract amount is approximately 1.6 billion KRW, which accounts for 8% of last year's sales. The contract period is from today until April 30, 2022. This contract is being carried out ahead of the integration of Shinhan Life Insurance and Orange Life scheduled for July next year. Following the KR Asset Management Corporation's 1.4 billion KRW 'Next-Generation State Property Management System Construction' project in April, this is another collaboration with LG CNS.