The ASX-listed AI-driven software provider has signed a binding reseller agreement with software provider JNC Technologies Group that will see the InteliCare platform rolled out to JNC’s client, private residential care operator Hardi Aged Care.

The deal – which represents InteliCare’s largest commercial deployment to date – follows its non-binding Memorandum of Understanding with Australia’s largest Not For Profit aged care provider Bolton Clarke, which we reported on last week, and saw InteliCare’s shares climb to a high of $0.30.

The contract is expected to be valued at $1.8 million in hardware implementation with the deployment generating more than $500,000 a year in SaaS fees with an initial term of three years.

Under the agreement, InteliCare and JNC will share the revenue from the deal with InteliCare retaining 66.67% of the fees while JNC will take home 33.33%.

The deployment will now start in early 2024 with a phased rollout to Hardi’s six aged care homes across Sydney (its Seven Hills home is pictured above) expected to take place over six months.

InteliCare CEO Daniel Pilbrow (pictured) said that JNC was an ideal corporate partner for InteliCare as it seeks to execute its commercialisation strategy.

“JNC has a very strong network in the aged care industry with customers seeking monitoring and predicative analytics solutions to deliver proactive care within their communities,” he said.

“We are excited by the pipeline of commercial deployment opportunities within the JNC group and we look forward to reaching agreements with other clients in JNC’s network.”