Covata announced the following new contract wins. Arthur J. Gallagher & Co (AJG) has furthered its partnership with Covata by purchasing the (CipherPoint) Eclipse platform to secure a duplicate environment for a planned migration from SharePoint 2013 to SharePoint 2016. The transaction also includes Eclipse for O365 licenses for migrating from on-premises to the Microsoft Cloud. The total contract is valued at USD 76,000 (AUD 96,900). Large Global German Industrial Company ­ in a customer confidential deal a US subsidiary of this global power generation, automation and medical diagnosis company has purchased a perpetual licence of Eclipse to replace the end of life Cryptzone product with a best-in- market solution. This deal reflects a greater push by the US-based sales team in landing new customers and represents a total contract value of USD 82,500 (AUD 105,000). Open Banking UK ­ Open Banking Ltd. has selected Covata's SafeShare product to secure the monthly reporting by the eight major UK banks to Open Banking. Open Banking defines and develops the required Application Programme Interfaces (APIs), security and messaging standards that underpin Open Banking. The total contract is valued at £30,000 (AUD 51,800) with a term of three years. This was a competitive bid won against a major UK competitor.