Buddy Platform Limited announced that the company has executed a new contractual statement of work with Thor Industries Inc. totaling up to AUD 2.1 million over 18 months, the bulk of which will be recognized in calendar year 2017. The project, which builds upon the existing customer relationship between Buddy and the customer, deploys Buddy-powered smart city and connected residential technologies. This innovative solution will unlock many new user experiences for the customer by leveraging Buddy's monitoring technologies, the flexibility of the core Buddy Platform, and Parse on Buddy. This new statement of work provides for AUD 1.8 million of contracted commitments starting immediately, and running through the end of May 2018. The customer has flagged an interest in optionally purchasing an additional component valued at nearly AUD 350,000 prior to December 2017, and a further annual & ongoing platform and application services component of more than AUD 250,000 will apply from June 2018 if the customer to continue with the provision of services by Buddy. Devices or hardware components required by the customer will be incremental to these figures.