IODM Limited announced that it will be providing its offering to a further education client of WUBS in the United Kingdom, the revenue from which is expected to be between $465,000 to $780,000 per annum. The revenue is dependent on the number of students that pay their tuition fees and accommodation through the payment's platform. The expected revenue has been modelled by IODM using WUBS's historical revenue numbers, which includes historical platform usage numbers, while factoring in risks around Covid 19 and how that may affect international student numbers in the United Kingdom. The company's contract with WUBS enables WUBS to engage with its existing and new clients via a service level agreement "SLA". In this instance, the SLA is for an initial term of twelve months and will take effect upon the completion of integrating the IODM software, which is expected to be September 30, 2021. While the contract is for a rolling twelve month term, either party can terminate with thirty days' notice after twelve months. The contract with WUBS results in IODM receiving a percentage of the Foreign Exchange transactional revenue derived by WUBS through the new commercial agreement. This now in conjunction with the last signing announced on June 30, 2021, constitutes an expected increase of approximately $660,000 million to $1.28 million per annum in revenue, with actual revenue dependent on the number of students that pay through the payments platform. IODM has no commercial arrangement with the end user university.