Pharmacy POS software vendor Cosmos Limited (ASX: COO) has renegotiated payment terms with Faulding Healthcare Pty Ltd (part of the Mayne Group) for its $3.1 million purchase of the AMFAC software business.

Wednesday, 03 November 2004 13:24

Powertel posts $120m in nine months


Junior telco PowerTel (ASX:PWT) reported a strong performance for the nine months ending 30 September 2004, posting revenues of $120.3 million. The result was in line with earlier guidance of $118-121 million and represented a revenue increase of 35%, compared with $89.3 million for the same period in 2003. EBITDA of $16.1 million was also within guidance and rose by 100%.

Wednesday, 03 November 2004 13:40

Senetas encryption technology sold to US bank


Senetas Corporation Ltd (ASX:SEN) has had its SONET/SDH data encryptor technology selected by one of the largest US banks Fifth Third Bank through its global distributor SafeNet.A SEN statement said the success of SafeNet selling the technology would continue to underpin the SEN earnings guidance for the 2005 financial year of revenues in excess of $25 million and earnings greater than $7 million. SEN shares were heavily traded and finished up nearly 7% to finish on 24c.

Wednesday, 03 November 2004 13:52

CBA sells back stake in Telecom NZ subsidiary


The Telecom New Zealand Group (ASX:TEL) has bought back the Commonwealth Bank of Australia's 5% stake in TCNZ Australia Pty Limited (TCNZA) through its Australian holding company, TCNZ Australia Investments Pty Limited.

Wednesday, 03 November 2004 14:06

The digital photo printing revolution


ImageEver since the digital revolution hit film cameras on the head, people have been taking photos like there's no tomorrow. So how about a digital polaroid that prints out photos?

Two stories that have done the rounds recently should give all of us interested in the preservation of our heritage as technology innovators cause for concern. The first concerns one of our so-called four pillars in the banking sector, ANZ Bank, the second involves one the world's leading offshorers, Infosys Technologies.

Wednesday, 03 November 2004 17:19

Pirated Cisco source code for sale on net

The New York Times/CNET News report (2 Nov.) that a group of self-identified hackers, the Source Code Club, has posted files online that it claims contains source code for Pix security firewall from Cisco Systems, and that they are selling the proprietary software for $US24,000. See News Roundup for more

Email security services provider, MessageLabs, has identified a new phishing technique designed to capture online banking details without requiring users to click on a website link - they simply have to open an email.

Thursday, 04 November 2004 06:05

Pacific Internet profits up, revenue down


NASDAQ listed Asia Pacific region ISP, Pacific Internet Limited, has reported a net profit of US$1.6 million, for the quarter that ended September 30, 2004, double its earnings for the previous corresponding period.

ImageLast month, Microsoft released their new Windows Media Centre 2005 operating system, actually the third version of this operating system, and a range of manufacturers, including HP, Acer, Toshiba, Optima and white box vendors have launched PCs around the new Microsoft software.

Thursday, 04 November 2004 10:46

EDS appoints new marketing management team


EDS has made two senior appointments to its marketing and communications team based in Australia.

Wednesday, 03 November 2004 09:36

70% of big corporations to have VoIP by 2006


In a report launched in Australia today, Getting off the Ground: Why the move to VoIP is a decision for all CXOs, Deloitte reveals that by 2006 over two-thirds of all Global 2,000 companies will have started deployment of Voice over Internet Protocol (VoIP) to the desktop.

FTR Holdings Limited (ASX:FTR) has changed its name to WebCentral Group Limited. Effective today, the new ASX code for the company is ASX:WCG.  The name change follows the passing of a resolution by shareholders at the company's Annual General Meeting and signals the successful integration of the recently acquired WebCentral Pty Ltd.

Wednesday, 03 November 2004 05:40

CommodiTel unveils 7-11 SIM card


Budget telco service provider CommodiTel Limited (ASX: CMO) has unveiled what it claims is Australia's first retailer-branded pre-paid SIM card using the Vodafone GSM network.

Wednesday, 03 November 2004 08:44

Spherion out Computer Power in

One of Australia's oldest IT companies and brands in the training space, Computer Power, is back after a seven year absence. The company, which was relatively briefly in its lifespan known as Spherion, has decided to revert to its old name.

Back in 2000, Microsoft created a stir when it entered the ERP space through the acquisition of a small (by US standards) NASDAQ listed company, servicing the SME market, called Great Plains Software. Then just two years later, the big software Kahuna, did it again by acquiring Danish enterprise software outfit, Navision along with its flagship product, Axapta.

Junior full service telco, People Telecom (ASX:PEO), has appointed Annalisa Haskell as director, consumer marketing. Haskell joins People Telecom after having worked in marketing for organisations such as St George Bank, NRMA Insurance, American Express Australia, Cable and Wireless UK, Cable and Wireless Optus and ASB Bank NZ Ltd. Hermost previous role was one year as strategic marketing director for advertising agency, Publicis Mojo. Prior to that, she was head of marketing for the priority customer segment at St George Bank Ltd, and also held the role of customer and product marketing manager for NRMA Insurance (IAG).

Dual NASDAQ and ASX loyalty marketing POS software specialist, Catuity Inc (ASX:CAT) has approved a reverse 15 to 1 stock split in order to stay listed on the NASDAQ small cap exchange. In order to remain listed on NASDAQ, a company lust maintain a minimum share price of US$1. However, CAT share price has languished ever since losing its major retail customer in the US Target Corporation and now sits at US30c and A37c on the NASDAQ and ASX.

Automation software provider, Citect, (ASX: CTL), has won a $2.6 million, contract with China Gas Company Limited, to control and monitor gas distribution to 5.5 million households in seven mainland cities.

Midware Limited (ASX:MIW) has signed an agreement to sell 50% of its subsidiary Midware Systems Pty Limited for $1.5 million  to GlobalX Information Services Pty Limited.



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