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Here’s why the Icetana (ASX:ICE) share price is up 19% today // The Motley Fool Australia

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The Icetana Ltd (ASX: ICE) share price has soared 19.23% today and is trading at 16 cents at the time of writing.

Icetana is a global software company providing video analytics solutions designed to automatically identify inconsistent actions in real-time for large scale surveillance networks.

The software integrates with customers’ existing video management systems and IP cameras.

Icetana share price soars after announcing new contract

Prior to the Icetana share price soaring, the company announced it secured a three-year contract with a Singapore resort. The contract is worth $536,000 and will be operated through security services vendor Prosegur Singapore Pte Ltd.

This is the first time that Icetana has worked with an…



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