Intellinetics awarded $42.75M five-year contract with State of Michigan

INTELLINETICS, INC.

Contract runs June 1, 2025 to May 30, 2030, with optional 5-year extension.
Estimated $42.75M total contract value; revenue recognized as work is completed; no minimum guarantee.
Contract is largest in company history; covers document scanning and micrographic conversion services.
Awarded after competitive evaluation; subject to reduction or termination at customer's sole discretion.
CEO says contract positions company for next 5-10 years; also focused on SaaS growth.

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