Electronic payments provider, CommSecure Limited (ASX:CMS), has won a deal for an undisclosed amount to provide a custom online fee collection system for advisors at Australian wealth management group, MLC.

Retail banking software vendor, Admerex Limited (ASX:ADL) has been awarded $1.54 million in damages plus interest and costs in an 18 month legal case against its former South African parent, Global Technology Limited. ADL claimed that Global Technology failed to fulfil contractual obligations and transfer funds to Australia following the agreement for the companies split up.

In an after close announcement, systems integrator, Alphawest Limited (ASX:ALW), has warned that it expects the full year profit result for 2004 will be well below the company's prospectus forecast issued in February this year.

S P Telemedia Limited (ASX:SOT) announced today that it had acquired Comindico Holdings Pty Limited from the Cisco appointed receivers, McGrath Nicol, for just $27.5 Million, less than 10% of the estimated $400 million it cost to build the IP network.