Posts Tagged ‘Software’

  • ASX Company News: UXC Wins Victorian Water IT Contract

    Thursday, September 29th, 2011

    UXC Limited (UXC) is pleased to announce that it has been awarded a major contract with Victorian water business City West Water for the first phase of work in connection with the implementation and ongoing applications support for a large Oracle based solution. The project, if fully implemented, would be one of the largest contracts won by UXC. The project is designed to support the City West Water vision of being a truly sustainable water business and is a company-wide transformation program that will see the transition of City West Water’s business processes and systems to a new, common Oracle based systems platform. City West Water will be supported by the UXC Oracle business, Red Rock Consulting – Australia’s largest independent Oracle consulting and support organisation. The project, which is intended to span a number of years, will commence with a detailed enterprise design and implementation planning process. The solution proposed for City West Water is based on an Oracle technology stack which includes applications, database, integration middleware, hardware and operating system. The core Oracle applications will be scalable and part of the applications and technology roadmap for the long term.

    UXC Managing Director, Cris Nicolli, commented “This is another very exciting win for UXC. It is especially pleasing to see Australian business having the confidence to work with and entrust large and complex projects to Australian IT companies such as UXC. This validates our view that more and more Australian clients are seeking the delivery of business critical transformations by local companies with strong local resources who demonstrate a solid understanding of both their industry and the Australian marketplace. Very few organisations in Asia Pacific have the breadth of Oracle skills like the UXC Red Rock Consulting business to deliver projects of this scope and complexity in the Australian marketplace.”

    UXC Limited is an ASX listed Australian business solutions company, and one of the largest Australian owned ICT consultancy firms. UXC services medium to large entities in the private and public sectors across Australia and New Zealand. UXC provides ICT Solutions in Consulting, Business Applications and Infrastructure that support our customers to design, implement & enhance, and operate & manage their ICT requirements. UXC strives to be the leading Australasian IT Services and Solutions Company, delivering value, innovation and responsive business outcomes with excellent people. Red Rock Consulting (Red Rock) is a wholly owned subsidiary of UXC Limited and is the largest independent provider of Oracle consulting and managed services in Australia and New Zealand. Established in 1998, Red Rock provides a complete service continuum around the Oracle stack, including Applications (E-Business Suite, JD Edwards, PeopleSoft & Demantra), Fusion Middleware, ECM, BI and Database from sales, strategy and design, to implementation, project management, licensing, upgrades and managed services.

    www.uxc.com.au

    http://www.traderdealer.com.au/fundamentals/uxc

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    ASX Company News: Stratatel Secures South African contract

    Wednesday, September 7th, 2011

    Leading Australian software and services company, Stratatel  Limited  (STE)  announces  a  joint  venture  with  Messrs  Allen  Hartley  and  Jeremy  Davidson  of  Webhouse  International.  The Joint  Venture  has  signed  an  exclusive  3 year  contract  with  a  South  African  Telco  for  the  provision  of Stratatel’s proprietary FleetManager® bill reporting software and support services to its mobile and  fixed line business and corporate customers in South Africa.

    Commenting  on  the  deal,  Stratatel  CEO  Mr  Matt  Parry  said  “this  contract  once  again  validates the quality of Stratatel’s FleetManager system as well as the support services capability of our partners Webhouse.”The Australian joint venture entity, Webhouse Software Pty Ltd, will be owned 50% each by Stratatel and Webhouse Software Solutions.  The Joint Venture is a party to the contract for the provision of  FleetManager® bill reporting software and South African based hosting and support services to the Telco’s customers in South Africa.  The local South African support will be provided through the local South  African  Webhouse  infrastructure.    Under  the  terms  of  the  Contract,  there  is  an  agreed minimum number of “units” (mobiles and fixed lines) to be added to the FleetManager® system over the period.

    www.stratatel.com.au

    http://www.traderdealer.com.au/fundamentals/ste

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    ASX Company News: Prophecy To Acquire Intersect Alliance

    Monday, August 15th, 2011

    Prophecy (PRO) has completed a transaction to purchase the business of Intersect Alliance, an Australian software company which specializes in a range of security software in the area of security event and log monitoring. This business will be run through Intersect Alliance International, a new subsidiary company of Prophecy International. The centrepiece product is the proprietary Snare Server software which provides a range of agents for event monitoring, log collection, analysis, reporting and archiving for future audit. Snare stands for System Intrusion Analysis and Reporting Environment. It provides a very important facet of system security for all types of large commercial and government organizations. The Intersect Alliance Snare agents are used by thousands of organizations world wide and they are recognized as leaders in their field.

    Prophecy has purchased 100% of the business of Intersect Alliance and will work with all existing partners to promote the Snare products internationally. The consideration included 3 million Prophecy shares and close to $2 million in net cash. The acquired business is expected to produce from $750k – $1 million of profit in the remaining 11 months of this financial year and will provide a welcome boost to the overall group profit this year. The new business revolves around a larger number of smaller sales transactions and thus will complement our current profile of a smaller number of larger sales transactions.

    www.prophecyinternational.com

    http://www.traderdealer.com.au/fundamentals/pro

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    ASX Company News: Hansen Technologies Secures Spanish Billing Contract

    Tuesday, July 26th, 2011

    Hansen Technologies Limited (HSN), is pleased to announce that Tuenti (a subsidiary of Telefonica) has selected Hansen as their strategic partner for billing & customer care in support of the launch of Tu Mobile in Spain. Hansen has entered into a contract with Tuenti to customise and implement its flagship Telecoms billing solution HUB, providing a fully integrated managed service solution, which will be hosted within Tuenti’s data centres. Tuenti, the leading Spanish social network, will look to leverage its 12 million members with a full suite of mobile services that is aligned to the social nature of mobile communications. Hansen is closely aligned with the success of Tuenti’s growth in this new mobile venture and sees significant untapped potential for such a tightly coupled service offering.

    From Hansen’s perspective the agreement is structured around committed base revenue with upside revenue opportunities as Tu Mobile’s initiatives evolve. “The selection of Hansen as the billing & customer care solution provider for this initiative represents an endorsement of Hansen’s activities in this area of the telecommunications market and also expands our operations in Europe. I am excited by this opportunity and the potential for our business to grow with that of our customer and their international associates. I look forward to continuing the development of this application for Tuenti and expanding our strategic partner relationship over time.” said Andrew Hansen, CEO of Hansen.

    The Hansen Technologies Group (HSN) is a leading provider of utility billing, customer care, and smart metering solutions. Hansen Technologies’ unique approach to best-fit solutions leverages the Meter Data Management Solution, Peace® CIS, and HUB CIS platforms to develop, deliver, and support high-value solutions for clients worldwide. In addition to solutions for the electricity, gas, water and telecommunications sectors, Hansen Technologies also offers outsourcing and facilities management services from its purpose built facilities in Melbourne. Hansen also supports the Classic Superannuation administration solution.

    www.hsntech.com

    http://www.traderdealer.com.au/fundamentals/hsn

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    ASX Company News: Sirius Acquires Two New Companies

    Tuesday, July 12th, 2011

    The Board of Sirius Corporation Ltd (SIU) is pleased to announce that it has executed Sale and Purchase Agreements under two separate transactions with the respective owners of Chameleon Technology Pty Ltd and Pinnacle Software Pty Ltd, under which, Sirius will acquire 100% of the issued capital and operating businesses of both companies. Chameleon with annual revenue of over $3.0 Million, develops, installs and supports application software solutions particular to the budget management, enquiry, business analysis and reporting markets. The purchase price for Chameleon is $5.0 Million to be paid in cash at completion. Pinnacle with annual revenue of over $1.5 Million, develops installs and supports Asset, Lease and Property Management software for the asset management and asset maintenance market. The purchase price for Pinnacle consists of the initial consideration of $1.0 million to be paid in cash at completion less any completion adjustments.

    Mr Raju Parrab, Executive Chairman of Sirius (and on behalf of the Sirius Board) has indicated that both, “Chameleon and Pinnacle are well established businesses with strong leadership and management teams, skilled and motivated staff, have a national client base in the key Sirius markets, as well as strongly complementing the Sirius business strategy.”

    Sirius is a long established software and services company that underwent a change in focus in 2006/07. Its focus is on providing software and services to large enterprises. The company operates via a federated or hub-and- spoke model which involves Sirius acting as a holding company (hub) for a number of software and service companies. The company is pursuing an acquisition-led growth strategy, which envisages strong growth and profitability over the next few years. Chameleon Technology Pty Ltd (Chameleon) develops, installs and supports application software particular to the budget management, enquiry, business analysis and reporting markets. Pinnacle develops, installs and supports Asset, Lease and Property Management software for the asset management and asset maintenance market. The company has been operating since 1984 and has developed specialist software tools for the management of operational assets of large organisations.

    www.sirius.com.au

    http://www.traderdealer.com.au/fundamentals/siu

    www.chamtech.com.au

    www.pinnaclesoftware.com.au

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    ASX Company News: DWS Advanced Business Solutions Acquires Taten

    Tuesday, June 28th, 2011

    DWS Advanced Business Solutions Ltd (DWS) is pleased to announce that it has entered into a contract to acquire the business assets of Taten Pty Ltd for a total consideration of $300,000. Taten has a current portfolio of Financial Services clients utilising its advanced internet solutions; iApply,  iPublish, D2B and My2Ic.  These  solutions have enabled  Taten’s clients to take  advantage  of  the  Cloud Computing  paradigm  and  bring  customer  centric  solutions  to  market  more  rapidly  than  traditional approaches. While Taten’s principal focus has been on the Financial Services Industry, it is DWS’ strong view Taten’s internet solutions can be applied across other industries including Health, Government, Utilities and Telecommunications.  With a strong national client base, DWS is well placed to bring these solutions to new markets and  new clients.

    Mr Danny Wallis (DWS CEO) added “This is an exciting time for DWS as this purchase progresses our previously announced strategy of developing four specialist business units.  This purchase will see the commencement of the new DWS Solution Centre specialist business unit (which will incorporate cloud computing solutions) and importantly it will provide a recurrent revenue stream for DWS.”

    www.dws.com.au

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

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    ASX Company News: Runge Secures $1 million Software Contract

    Thursday, May 5th, 2011

    Leading technology and professional services business in the resource sector, Runge Limited (RUL), today announced that a major global mining company has signed a corporate contract to install Runge’s Financial Modelling Software, XERAS. XERAS will be adopted across all mining operations to underpin a corporate wide initiative for standardisation of their financial modeling processes to feed into their corporate financial budgeting. This contract will contribute over $1M in licence fee revenue in FY11.

    Runge’s Acting Chief Executive Officer, David Meldrum commented “This corporate contract consolidates many XERAS licences the company has previously purchased at their various operating sites over a number of years. These previous licences were used in isolation at each site for operations budgeting, fixed and mobile plant budgeting and strategic planning budgets. This engagement has the effect of consolidating all of their global operating sites and head office to use a single standardised solution. This solution is an important tool in the governance area and is designed to facilitate the reduction of risk by providing the group with a consistent methodology and process around financial controls. Runge is delighted to receive this engagement and have the  opportunity to work with our client, especially at the corporate level.”

    Runge Limited (RUL) is a leader in the provision of technology products, consulting services and training courses to the global mining industry, delivering solutions and services across a range of commodities. With expertise across a range of mining disciplines, Runge’s approach to the business of mining is strongly grounded in economic principles and delivering mine planning solutions that are tightly coupled with technological support and training. Runge currently owns and operates 19 offices in 12 countries throughout the world. Our team includes Pincock Allen & Holt, Minarco-MineConsult, MRM Mining Services Pty Ltd and GeoGAS Pty Ltd.

    www.runge.com.au

    http://www.traderdealer.com.au/fundamentals/rul

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    ASX Company News: Powerlan To Sell Converter Technology and IMX Software

    Friday, March 18th, 2011

    Powerlan Limited (PWR) has received an offer from CPS Group Investments Pty Ltd (“CPS”) for CPS or its nominee to purchase the Company’s ConverterTechnology (“CT”) and IMX Software (“IMX”) undertakings.  The purchase will be of the CT and IMX shares or businesses, as yet to be determined. The offered purchase price for CT is $3.5 million and the offered price for IMX is $5.339 million.  The CPS offer also provides that if CPS sells either CT or IMX to a third party within 12 months of completion of its purchase from the Company, which is expected to occur by 30 June 2011, CPS will  pay to the Company one half of the net difference between the price received by CPS from the third party and a base price being the aggregate of the price paid by CPS to the Company for that entity, the cost of any substantial acquisitions, and the amount  of any advances made by CPS to the entity as working capital between CPS’ acquisition and any sale.

    CPS has stated that its offer will benefit the Company in that it will enable the Company to retire about $8.839 million of the Company’s debt to CPS, thereby reducing the interest payable on that debt.  The Company’s directors have resolved to accept the CPS offer, subject to the conditions specified below.  CPS is, or its nominee will be, a company controlled by the Company’s Chairman, Dr Ian Campbell and  any sale of CT and/or IMX to CPS or its nominee would be a “financial benefit” to a “related party” within the meaning of section 208 of the Corporations Act 2001, as well as a disposal of a “substantial asset” to a “related party” within the meaning of ASX Listing Rule 10.1.  Accordingly, the Board’s acceptance of the CPS offer is subject to shareholder approval (with CPS and associates of CPS or Dr Campbell excluded from voting), and subject to a report from an independent expert that concludes that the proposed sale transaction is fair and reasonable to the Company’s shareholders, excluding CPS and any shareholder associated with CPS and Dr Campbell.

    www.powerlan.com

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

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    ASX Company News: Bravura Solutions Secures New Contract

    Tuesday, February 15th, 2011

    Bravura Solutions Limited (BVA), a leading global supplier of transfer agency and wealth management software applications and professional services has signed a new five-year contract with Legal and General Investments to extend its use of Bravura’s Rufus transfer agency platform. The contract will support Legal and General’s growing UK operations, expanding its current use of the platform to cover the administration of new fund range and distribution channels in their Unit Trust, PEP, ISA, and OEIC Unit Class businesses. This confirms Rufus as Legal and General’s core transfer agency system and consolidates an existing 13 year partnership with Bravura. The contract also supports Rufus’ reputation as one of Europe’s most widely used commercial transfer agency platforms administering over £335 billion of funds across 15 countries; with assets under administration rising by 23 per cent in the last 12 months alone.

    Mike Boardman, Chief Operating Officer for Legal and General Investments said: “Our relationship with Bravura is essential to the continued success of our business. We are able to depend on Bravura to deliver consistently high quality services and are confident that they will continue to do so in the future. We look forward to further developing this key relationship.” Andy Chesterton, Chief Operating Officer EMEA at Bravura said: “The Rufus platform provides Legal and General with an effective and reliable technology solution that enables efficient administration and STP services as well as delivering high quality client service. “We have built a strong and successful partnership with Legal and General over the years and we look forward to building on this relationship in future with this new contract.”  Bravura’s Rufus software supports highly efficient transfer agency administration of European domiciled assets distributed globally. The multi-currency and multi-lingual platform offers integrated FX processing and also supports open architecture products such as fund supermarkets.

    www.bravurasolutions.com

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

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    ASX Company News: Bravura Solutions Secures NZ Contract

    Monday, January 31st, 2011

    Bravura Solutions Limited (BVA) – a leading global supplier of transfer agency and wealth management software applications and professional services, has signed a contract with a New Zealand life insurance company, Partners Life, for its Sonata wealth management software. The initial five year contract will see the implementation of Sonata as Partners Life’s insurance administration platform, covering all aspects of the policy lifecycle from new business to claims processing. Partners Life is a new entrant to the New Zealand life insurance market and the founders include Naomi Ballantyne, who was instrumental in founding and building the successful Sovereign and Club Life (now OnePath) insurance businesses.

    “After extensive market analysis, we selected Sonata as the best administration solution to help us achieve operational and cost efficiencies whilst also delivering an excellent service to our customers and advisors; the key challenge facing our industry today,” said Ms Ballantyne,  Managing Director. “Sonata will provide the solution to meet our administration, workflow, broker new business interface and reporting requirements. We expect Sonata to provide exceptional levels of straight-through -processing with no need for costly integration or diverging systems. This is ultimately a benefit we will be able to pass on to our customers in the form of cost reductions and enhanced service,” said Ms Ballantyne.

    www.bravurasolutions.com

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

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