ASX Company News: Transol Corporation Signs Agreement With Bigpond

September 3rd, 2010

The Directors of Transol Corporation Limited (TNC) are pleased to announce that its 80% owned subsidiary Valleyarm Digital Pty Ltd entered into a digital music content agreement with Telstra Bigpond, Australia’s largest internet service provider. The Agreement considerably expands the potential audience for Valleyarm’s music catalogue by making it available for sale through Bigpond Music, Australia’s leading online music store; and is expected to significantly increase Valleyarm’s revenue and earning potential.

Telstra BigPond is Australia’s largest Internet service provider with one of the best known brands in the country. Telstra offers a full range of products and services and compete in all telecommunications markets throughout Australia, providing 9.2 million fixed line services and 9.7 million mobile services. Emerging from a collective of music industry experts, Valleyarm is positioned as Asia Pacific’s leading digital distributor, publisher and marketer of independent music and video content, along with representation in southern and eastern Africa. Valleyarm specialises in digital distribution, publishing and online marketing of music and video content focused primarily on content and services within the Asia Pacific region.

www.transolcorp.com.au

http://www.traderdealer.com.au/Fundamentals/tnc

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