Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Melbourne based Azurn International has issued a prospectus with the
aim of raising $7 million through the issue of 14 million 50 cents
shares representing some 23.3 percent of total equity. The offer will
open on 17 August and close on 30 September. The company expects to
list on the ASX on 13 October.
The core of Azurn's technology is its Multimedia Convergence Platform
(MCP), a softswitch that "enables voice, data and video to converge and
be seamlessly delivered in one session across an carrier network, over
the Internet, broadband, telephone and wireless protocol, and onto any
device".
The company's first product, an integrated audio and web conferencing
system, was launched in July 2004 and is already in use with two
Melbourne-based law firms, Tolhurst & Emerson and Rogers & Gaylord, on
an ASP basis.
Bala Kumble, Azurn's chief technology officer told Exchange last year:
"The whole concept of Unified XML is that you give us a stream of any
media type in native XML format: voice, data, video, financial or
wireless and we will do the convergence in a single session. The
recipient of that information can then decide how he or she would like
to receive the information."
The prospectus is available from Azurn's website;
http://www.azurn.com.au
David Bass
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