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Sagtec Global (NASDAQ: SAGT) Accelerates Middle East Expansion with US$10 Million Smart Hospitality Tech Deal in UAE

1. Sagtec secures US$10 million hospitality tech deal with SMD Tech. 2. Partnership expands Sagtec's presence in the Middle East's hotel automation market. 3. Over 60% of the contract consists of recurring revenue streams. 4. UAE hospitality market expected to reach US$37.7 billion by 2033. 5. Sagtec’s solutions support digital transformation in the hospitality sector.

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FAQ

Why Bullish?

The US$10 million contract is a significant revenue boost, similar to past growth spikes following contract announcements.

How important is it?

The announcement ties directly to SAGT's growth strategy and strengthens its market position in a lucrative sector.

Why Long Term?

Multi-year revenue contracts will stabilize and potentially increase SAGT's financial performance over several years.

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KUALA LUMPUR, Malaysia, July 01, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable enterprise software solutions, today announced the signing of a US$10 million smart hospitality technology agreement with SMD Tech – FZCO, a UAE-based digital infrastructure firm. This major win represents a pivotal step in Sagtec’s expansion strategy across the Middle East and its entry into the high-growth hotel automation segment. Under the terms of the deal, Sagtec will develop and manage a next-generation Hotel Self Check-In/Out System across premium hospitality properties in the UAE. The project includes software licensing, systems integration, data analytics, and long-term service and maintenance, delivering an end-to-end solution that supports the region’s push toward smart tourism and contactless guest experiences. Contract Breakdown: US$4 million – Licensing and custom software developmentUS$3 million – Five-year service and maintenance agreementUS$3 million – Five-year data hosting and analytics contract Over 60% of The Contract Value Represents Multi-Year Recurring Revenue Streams This latest development builds upon Sagtec’s May 2025 announcement of a US$30 million revenue pipeline stemming from the exclusive distribution of its Speed+ Smart Ordering System. The UAE partnership diversifies Sagtec’s SaaS verticals beyond Food & Beverage into the rapidly growing hospitality tech domain. “This strategic collaboration with SMD Tech not only affirms confidence in Sagtec’s innovation capabilities but also unlocks new market opportunities in one of the fastest-growing tourism economies in the world,” said Kevin Ng, Chairman, Executive Director, and Chief Executive Officer of Sagtec. “As the hospitality industry undergoes digital transformation, our tailored solutions are set to redefine how hotels operate and engage guests.” Sagtec’s comprehensive solution suite will include: Integrated hotel check-in/out automationUnified integration platform for backend operationsAutomated room key card dispensing systemsCRM and POS modules optimized for hotel environmentsCustom-built self check-in kiosksSelf Check-In Machine Operational Readiness Platform (ORP) Capitalizing on UAE’s Smart Hospitality Growth The UAE’s hospitality sector is undergoing a major digital transformation, fueled by government smart city initiatives, a post-pandemic travel rebound, and growing demand for seamless guest experiences. According to IMARC Group, the UAE hospitality market is expected to reach US$37.7 billion by 2033, growing at a CAGR of 5.2% from 2025 onwards. Sagtec’s latest offering is well-positioned to capitalize on this growth, addressing operational efficiency and customer experience simultaneously—key priorities for premium hospitality operators in the region. About Sagtec Global Limited Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd. For more information on the Company, please log on to https://www.sagtec-global.com/. About SMD Tech – FZCO SMD Tech - FZCO is a technology-focused enterprise based in the United Arab Emirates, specializing in digital infrastructure, IoT solutions, and enterprise transformation. With a mission to empower businesses through innovative software and hardware integration, SMD Tech delivers cutting-edge solutions tailored to the region’s fast-evolving digital ecosystem. The company is committed to driving operational excellence and future-ready growth for its clients. Contact Information: Sagtec Global Limited Contact:Ng Chen LokChairman, Executive Director & Chief Executive OfficerPhone: +6011-6217 3661Email: info@sagtec-global.com

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