UPDATE: Wynyard shares gain 6.7% after new contract signed

Sun, 04 Jan 2015

(Adds CEO comment, share price movement throughout) By Paul McBeth Jan. 5 (BusinessDesk) - Shares of Wynyard Group rose 6.7 percent after the security software firm signed a $3.2 million contract with an unidentified national security bureau, which it says reduces the risk of the firm missing its 2014 revenue target. The contract, providing services to fight organised crime and counter terrorism, was signed on Dec. 31, the last day of its 2014 financial year, allowing some $2.5 million to be recognised that year, the Auckland-based com...

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