This is was one of the first projects for the company's Harmony time and attendance system for a foreign government.
Synel Industries Ltd. (TASE: SNEL) will supply its Harmony system for implementing and managing all time and attendance and access control requirements to Romania's Ministry of Forestry and Fishing Ministry. The company did not disclose the size of the deal.
The system will be installed at 42 locations across Romania. The company said that was one of the first Harmony projects implemented by a foreign government, and that it paves the way for a successful penetration of the system into the large public sector market.
Synel's share price was unchanged by mid-afternoon today at NIS 13.84, giving a market cap of NIS 78 million.
Published by Globes [online], Israel business news - www.globes-online.com - on March 2, 2010
© Copyright of Globes Publisher Itonut (1983) Ltd. 2010