FreeSoft Plc.'s subsidiary has won R&D tender.
FreeSoft Plc. (H-1037 Budapest, Montevideo u. 8.) hereby informs its investors and the participants of the financial and capital market that FreeSoft Plc.'s subsidiary HUMANsoft Ltd. has won R&D tender within the framework of Economic Development Operational Programme.
Title of HUMANsoft Ltd.'s succesful Research & Development tender is "Development of Special Installation Protocol Implementing Agricultural Services of Complex International Management System". Total budget of the project is HUF 430.892.000; the applicant HUMANsoft Ltd. has won grant of HUF 278.270.054 without obligation to refund.
Grant agreement have already been concluded between HUMANsoft Ltd. and Hungarian Economic Development Center Plc. as intermediate body acting on behalf of the supporter National Development Agency. Potential completion of the project is January 2012.
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