Online Stockmarket Trading Update

The Directors of QMASTOR Limited (QML) are pleased to announce QMASTOR has signed a major contract with Hunter Valley Coal Chain Coordinator Limited (HVCCC). The contract is for the provision and support of QMASTOR’s Horizon Advanced Planning and Scheduling (APS) software. The agreement is expected to provide in excess of $5 million of revenue over five years with the majority of revenue expected in the 2011 financial year. This agreement represents the largest individual contract signed by QMASTOR to date.

An agreement has also been completed for QMASTOR to acquire IP associated with the current scheduling tool (known as the IPS) being used by the HVCCC for $1.5 million over five years. The agreement involves integrating this IP into the QMASTOR Horizon APS product which will enable Horizon APS to rapidly assume dominance as the most complete scheduling and optimisation tool for rail, ports and terminal management on the market. The Horizon APS system will play a key role in the planning and scheduling of coal through the Hunter Valley Coal Chain.

Managing Director Trent Bagnall said “This is a major project for QMASTOR. In terms of impact and strategic significance to our customers supply chain it is one of the most important projects QMASTOR has undertaken to date and represents significant exposure for our Horizon APS product and for QMASTOR globally. It is the type of project that QMASTOR wants to be involved with and allows us to showcase our products and capabilities for a high profile client.” QMASTOR Limited (QML) is a market leader in the provision of specialist management information systems and services to the global mining, port, power generation and other bulk commodity industries.

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