Why the Mach7 (ASX:M7T) share price is zooming 9% higher today // Motley Fool Australia

The Mach7 Technologies Ltd (ASX: M7T) share price has stormed higher this morning following the release of an announcement.

In early trade the enterprise imaging platform provider’s shares are up 9% to $1.11.

What did Mach7 announce?

This morning Mach7 announced that it has signed a seven-year contract with Trinity Health for the license and associated support services for its eUnity enterprise viewer. The total value of this contract is A$5.26 million.

Trinity Health is the fifth largest healthcare Integrated Delivery Network (IDN) in the United States and this contract will see Mach7’s eUnity enterprise viewer being installed across multiple facilities within its 92 hospitals located across 22 US states.

It serves…