New Ensight Contract in Arizona
Released
Released
Announcement PDF
ASX Announcement
Enlitic, Inc.
ARBN 672 254 027
1
28 October 2026
Enlitic Builds Recurring Revenue with New Ensight Contract in
Arizona
Three-year contract valued at US$144,000 (~A$206k1
) signed with Arizona-based Southwest
Medical Imaging (SMIL), a US-based radiology provider, for Ensight's Hanging Protocols
application, subject to successful validation.
Enlitic continues to build commercial momentum, securing seven recurring revenue contracts
across the USA, Australia and New Zealand since March 2026.
Ensight contracts secured in CY2026 represent ~US$830,000 in total contract value,
establishing a growing base of contracted recurring revenue with potential opportunities for
further expansion.
Pipeline of new Ensight contract opportunities is strong and aided by the recent launch of
Ensight v2.3.
Please view the announcement here on our website: https://enlitic.com/link/PwEKpe
Healthcare technology company Enlitic, Inc. (ASX: ENL) ("Enlitic" or the "Company") has signed a
three-year agreement with Southwest Medical Imaging ("SMIL"), an Arizona-based radiology
provider, for its Ensight technology, adding to the Company's growing base of contracted annualised
recurring revenue (“ARR”).
This represents Enlitic's fifth Ensight customer agreement in the US market this calendar year,
alongside contracts secured in Australia and New Zealand (see table below). It demonstrates Enlitic’s
strategy of securing targeted SaaS subscriptions with scope for additional applications, sites and
workflows. The October 2026 release of Ensight v2.3 further broadens that opportunity by expanding
the available commercial applications and supported imaging environments.
SMIL is another example of Enlitic expanding its customer base and technology footprint, particularly
in the large United States market. Southwest Medical Imaging (SMIL) is a physician-owned and
physician-led radiology practice in Arizona with 17 outpatient centres across the Phoenix metro area,
Scottsdale, Mesa, Gilbert, Peoria, Paradise Valley, and Fountain Hills.
1
Converted based on a USD:AUD exchange rate of 0.70
Enlitic, Inc.
ARBN 672 254 027
2
SMIL will use Ensight alongside its Intelerad PACS to standardise medical imaging data and improve
the accuracy of automated Hanging Protocols. By reducing the need for radiologists to manually
adjust image layouts, the solution is designed to improve workflow efficiency and consistency.
Contract Terms
The contract has a three-year term with a total subscription value of US$144,000, equivalent to
US$48,000 annually, and provides an enterprise licence for unlimited studies. Following the initial
three-year term, the contract automatically renews for successive one-year periods unless
terminated in accordance with the agreement’s terms including upon SMIL’s notice.
The contract includes an initial validation phase. Annual subscription fees become payable upon
confirmation that Ensight delivers at least a 15% improvement in radiologist workflow efficiency,
measured using radiology reporting workflow data. The initial validation will assess workflow
improvements across five neuroradiologists using SMIL's outpatient imaging studies.
Expanding adoption across the Intelerad customer base
The SMIL agreement adds to Enlitic's growing portfolio of customers operating within the Intelerad
ecosystem. It demonstrates the application of Ensight to a specific operational challenge within
radiology, supporting Enlitic's strategy of expanding adoption through targeted use cases that deliver
measurable customer benefits.
It also follows the recent launch of Enlitic’s Ensight v2.3 (refer ASX Announcement 6 October 2026),
which expands the platform’s commercial applications from eight to 12, including additional
analytics, archive standardisation and workflow capabilities. Existing customers can adopt additional
applications through separate subscriptions, supporting Enlitic’s land-and-expand strategy and ability
to steadily build its ARR base.
The release also introduced integration with Sectra systems alongside Intelerad. These integrations
allow Ensight to operate within established medical imaging environments, broadening potential
customer reach and providing more routes to deployment. Additional functionality and integrations
create opportunities for ARR growth, subject to customer adoption and commercial agreement.
Enlitic CEO Michael Sistenich said: "We are delighted to welcome SMIL as an Ensight customer,
providing further validation of the technology and its growing adoption by leading radiology
organisations. Securing seven Ensight contracts since March demonstrates the commercial
momentum we are building and the growing demand for our technology. SMIL is another example of
how we can address specific operational challenges, delivering measurable value to customers while
establishing potential opportunities to expand the use of Ensight over time. Our growing presence
within the Intelerad customer base, combined with the expanded capabilities of Ensight v2.3, provides
a strong foundation for continued growth in recurring revenue."
Enlitic, Inc.
ARBN 672 254 027
3
ENSIGHT Customer Agreements and Deployments – CY2026
The table below highlights Ensight's commercial progress during CY2026, including new subscription
agreements, customer go-lives and the application of Ensight within major migration contracts.
Migration-led engagements may provide opportunities for additional recurring revenue as customers
adopt Ensight beyond their initial migration requirements:
St Jude 25 Mar 2026 Memphis, US
Ensight agreement supporting advanced imaging data
search and research applications
Parkland Health 1 April 2026 Texas, US
Ensight standardisation incorporated into migration
contract; opportunity for future SaaS subscription
RHCNZ Medical 12 May 2026 New Zealand
First Ensight go-live through Intelerad integration; recurring
revenue commenced
Lumus Imaging 1 Jul 2026 Australia
3-year subscription; Hanging Protocols, de-identification, AI
validation
Radiology Imaging
Associates Colorado
11 Aug 2026 Colorado, US Ensight deployment; 3-year recurring subscription ~US$50k
Radiology Consultants of
Iowa
27 Aug 2026 Iowa, US Hanging Protocols; ~US$40,000 initial ARR
Albany Medical Health
System
10 Sept 2026 New York, US 3-year Ensight subscription subject to successful validation
Memorial Healthcare
System
10 Sept 2026 Florida, US 3-year Ensight subscription subject to successful validation
Michigan Health-Sparrow 28 Sept 2026 Michigan, US
Ensight standardisation incorporated into migration
contract; opportunity for future SaaS subscription
SCP Radiology 30 Sept 2026 South Africa 3-year Ensight subscription subject to successful validation
Southwest Medical
Imaging
26 Oct 2026 Arizona, US
3-year Ensight subscription for Hanging Protocols;
US$48,000 annual subscription subject to successful
validation
In addition to SMIL, Enlitic has recently secured three-year Ensight subscription agreements with
Albany Medical Health System (New York), Memorial Healthcare System (Florida) and SCP Radiology
(South Africa), further demonstrating the Company's growing commercial momentum. Subject to
successful deployment and customer validation, these agreements are expected to contribute to
recurring revenue and cash receipts. All other agreements in the table have been previously
announced to ASX.
This announcement was authorised for release by the Board of Enlitic, Inc.
- ENDS –
Enlitic, Inc.
ARBN 672 254 027
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About Enlitic
Enlitic is a software company that uses artificial intelligence to develop software products that
manage medical imaging data in radiology (such as MRI, CT scans, Xray and ultrasound images) and
licences such products to healthcare providers. Enlitic’s products (including its current product
offering and product suite under development) seek to standardise, protect, integrate, and analyse
data to create the foundation of a real-world evidence platform that can improve clinical workflows,
increase efficiencies, and expand capacity. Read more at enlitic.com.
Enlitic’s CDIs are traded on ASX in reliance on the safe harbour provisions of Regulation S under the
US Securities Act of 1933 as amended, and in accordance with the procedures established pursuant
to the provisions of a no action letter dated 7 January 2000 given to ASX by the staff at the US
Securities and Exchange Commission. The relief was given subject to certain procedures and
conditions described in the no action letter. One of the conditions is that the issuer provides
notification of the Regulation S status of its securities in communications such as this announcement.
Forward-looking statements
Certain statements made during or in connection with this announcement contain or comprise
certain forward-looking statements regarding the Company, its projected cash flow, financial
performance, its customer contracts and customer pipeline and product development. Although the
Company believes that the expectations reflected in such forward-looking statements are
reasonable, such expectations are only predictions and are subject to inherent risks and uncertainties
which could cause actual values, results, performance or achievements to differ materially from
those expressed, implied or projected in any forward-looking statements and no assurance can be
given that such expectations will prove to have been correct.
Accordingly, results could differ materially from those set out in the forward-looking statements as a
result of, among other factors, changes in economic and market conditions, delays or changes in
product development and realisation of customer pipeline, changes in demand, success of business
and operating initiatives, changes in the regulatory environment and other government actions,
fluctuations in exchange rates and business and operational risk management.
To the maximum extent permitted by law, each of the Company, its officers, employees and advisers
expressly disclaim any responsibility for the accuracy or completeness of the material contained in
these forward-looking statements and excludes all liability whatsoever (including in negligence) for
any loss or damage which may be suffered by any person as a consequence of any information in
forward-looking statements or any error or omission. The Company undertakes no obligation to
update publicly or release any revisions to these forward-looking statements to reflect events or
circumstances after today’s date or to reflect the occurrence of unanticipated events other than
required by the applicable laws, including the ASX Listing Rules. Accordingly, you should not place
undue reliance on any forward-looking statement.
Read more at enlitic.com
Enlitic, Inc.
ARBN 672 254 027
5
About Southwest Medical Imaging
Southwest Medical Imaging (SMIL) is a physician-owned and physician-led radiology practice
providing diagnostic imaging and interventional radiology services across 17 outpatient centres in the
Greater Phoenix metropolitan area, Arizona. Established in 1980, SMIL offers a broad range of
imaging services supported by specialist radiologists and advanced medical imaging technology.
Further information:
Ben Jarvis
Six Degrees Investor Relations
Ph: 0413 150 448
Ben.jarvis@sdir.com.au
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