The PRWIRE Press Releases http:// 2017-06-16T01:17:18Z Australia's First Off-Market Property Match-Making Platform 2017-06-16T01:17:18Z australia-s-first-off-market-property-match-making-platform New Off-Market Property Match-Making Platform For Buyers and Real Estate Agents propertywhispers.com.au - the home of off-market properties Media Release - 16 June 2017 In an Australian first, online business Property Whispers has launched a unique property match-making service for off-market listings – properties for sale ‘on the quiet’ or ‘pre-market’ - designed for all buyers and real estate agents. In a changing marketplace where prices have reached their peak and auction clearance rates fallen, off-market is the new “on” market! Thanks to Property Whispers, no longer do buyers need to struggle or pay fees to access the off-market inner circle, and real estate agents will now be able to reach far more ready buyers, creating a more competitive off-market sales process so the property can sell more quickly. This off-market property match-making service is now available to buyers and real estate agents by simply registering at propertywhispers.com.au. Co-Founder of Property Whispers and former real estate agent Liane Fletcher says, “Traditionally buyers needed to be on many sales agents’ databases or engage a buyers agent to access properties being sold on the quiet or pre-market. Now, buyers finally have the tool to access off-market properties that specifically match their purchase requirements. At the same time, agents can now offer vendors not wanting to pay for expensive advertising or those wanting to keep the sale quiet a platform to do so. A positive result for all! It’s a no-brainer for real estate agents and buyers alike.” How Property Whispers Works: 1. Buyers register list their property requirements (property type, bedrooms, bathrooms, parking, price guide, suburb). 2. Real estate agents list their off-market property specifications (property type, bedrooms, bathrooms, parking, price guide, suburb) - only discoverable via a match. No street address is revealed to the buyer. 3. An instant match occurs when a buyer’s property requirements matches an off-market property and the contact details are immediately sent to both buyer and agent so they can make contact. 4. The buyer and real estate agent speak, arrange to meet to view the property and hopefully a sale follows! Online registration is free for buyers to join Property Whispers. A three month obligation-free trial period is available for a limited time for all real estate agents who register online; those who choose to use the website thereafter pay an annual subscription fee. About Property Whispers: Property Whispers is Australia’s first off-market property website, matching buyers and their property requirements with suitable off-market properties in their chosen area, as listed by local real estate agents. Launching in Sydney in June 2017, with the service to be rolled out nationally over the next 12 months. Register online to access Property Whispers in your local area: www.propertywhispers.com.au For more information or to set up an interview with Liane Fletcher, please contact 360 PR: Rachel King – (02) 9571 4448 – 0423 833 814 – rachel@360pr.com.au Seagate Technology Reports Fiscal Third Quarter 2017 Financial Results 2017-04-27T00:11:26Z seagate-technology-reports-fiscal-third-quarter-2017-financial-results Sydney, Australia – April 27, 2017 – Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for the third quarter of fiscal year 2017 ended March 31, 2017. For the third quarter, the Company reported revenue of $2.7 billion, gross margin of 30.5%, net income of $194 million and diluted earnings per share of $0.65. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 31.4%, net income of $329 million and diluted earnings per share of $1.10.    During the third quarter, the Company generated $426 million in cash flow from operations, paid cash dividends of $186 million, and successfully raised $1.25 billion in investment grade debt. Cash, cash equivalents, and short-term investments totaled approximately $3.0 billion at the end of the quarter. There were 297 million ordinary shares issued and outstanding as of the end of the quarter. “The results of our financial performance this quarter reflect a stable demand environment, good operational execution and momentum in the stabilisation of our business model,” said Steve Luczo, Seagate’s chairman and chief executive officer. “With a market-leading and cost-efficient storage solution portfolio, Seagate is well positioned to support our existing and new customers in a world of accelerated data creation and increased storage needs driven by emerging technologies and new business models. We will continue to focus on future growth opportunities, generating profits and building lasting value for our shareholders.” For a detailed reconciliation of GAAP to non-GAAP results, see accompanying financial tables. Seagate has issued a Supplemental Financial Information document, which is available on Seagate’s Investors website at www.seagate.com/investors.  Quarterly Cash Dividend The Board of Directors of the Company (the “Board”) has approved a quarterly cash dividend of $0.63 per share, which will be payable on July 5, 2017 to shareholders of record as of the close of business on June 21, 2017. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board.  Investor Communications Seagate management will hold a public webcast today at 6:00 a.m. Pacific Time that can be accessed on its Investor Relations website at www.seagate.com/investors. During today’s webcast, the Company will provide an outlook for its fourth fiscal quarter of 2017, including key underlying assumptions.   An archived audio webcast of this event will be available on Seagate’s Investors website at www.seagate.com/investors shortly following the event conclusion.  About Seagate   To learn more about the Company’s products and services, visit www.seagate.com and follow us on Twitter, Facebook, LinkedIn, Spiceworks, YouTube and subscribe to our blog. The contents of our website and social media channels are not a part of this release. For full financial results please visit Seagate's website www.seagate.com  Media Contact: Einsteinz Communications Carlotta Vittoricarlotta@einsteinz.com.au +61 2 8905 0995  Cautionary Note Regarding Forward-Looking Statements  This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended, including, in particular, statements about the Company’s plans, strategies and prospects, estimates of industry growth, market demand, and dividend issuance plans for the fiscal quarter ending June 30, 2017 and beyond. These statements identify prospective information and may include words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “should,” “may,” “will,” or the negative of these words, variations of these words and comparable terminology. These forward-looking statements are based on information available to the Company as of the date of this report and are based on management’s current views and assumptions. These forward-looking statements are conditioned upon and also involve a number of known and unknown risks, uncertainties, and other factors that could cause actual results, performance or events to differ materially from those anticipated by these forward-looking statements. Such risks, uncertainties, and other factors may be beyond the Company’s control and may pose a risk to the Company’s operating and financial condition. Such risks and uncertainties include, but are not limited to: items that may be identified during its financial statement closing process that cause adjustments to the estimates included in this report; the uncertainty in global economic conditions; the impact of the variable demand and adverse pricing environment for disk drives; the Company’s ability to successfully qualify, manufacture and sell its disk drive products in increasing volumes on a cost-effective basis and with acceptable quality, particularly the new disk drive products with lower cost structures; the impact of competitive product announcements; the Company’s ability to achieve projected cost savings in connection with restructuring plans; possible excess industry supply with respect to particular disk drive products; disruptions to its supply chain or production capabilities; unexpected advances in competing technologies or changes in market trends; the development and introduction of products based on new technologies and expansion into new data storage markets; our ability to comply with certain covenants in our credit facilities with respect to financial ratios and financial condition tests; currency fluctuations that may impact the Company’s margins and international sales; cyber-attacks or other data breaches that disrupt our operations or results in the dissemination of proprietary or confidential information and cause reputational harm; and fluctuations in interest rates. Information concerning risks, uncertainties and other factors that could cause results to differ materially from the expectations described in this press release is contained in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on August 5, 2016, the “Risk Factors” section of which is incorporated into this press release by reference, and other documents filed with or furnished to the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made.    The inclusion of Seagate’s website address in this press release is intended to be an inactive textual reference only and not an active hyperlink. The information contained in, or that can be accessed through, Seagate’s website and social media channels are not part of this press release.   Use of non-GAAP financial information   The Company uses non-GAAP measures of gross margin, net income and diluted earnings per share, which are adjusted from results based on GAAP to exclude certain expenses, gains and losses. These non-GAAP financial measures may be provided to enhance the user’s overall understanding of the Company’s current financial performance and its prospects for the future. Specifically, the Company believes non-GAAP results provide useful information to both management and investors as these non-GAAP results exclude certain expenses, gains and losses that it believes are not indicative of its core operating results and because it is similar to the approach used in connection with the financial models and estimates published by financial analysts who follow the Company.   These non-GAAP results are some of the primary measurements management uses to assess the Company’s performance, allocate resources and plan for future periods. Reported non-GAAP results should only be considered as supplemental to results prepared in accordance with GAAP, and not considered as a substitute for, or superior to, GAAP results. These non-GAAP measures may differ from the non-GAAP measures reported by other companies in its industry. MNF Group – Strong Organic Performance 2017-02-14T02:05:38Z mnf-group-strong-organic-performance Sydney – 14 February 2017 -The Board of Australian communications specialist MNF Group (ASX:MNF) is very pleased to report strong organic growth for the six months ended 31 December 2016. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 22% to $10.0 million, with net profit after tax (NPAT) increasing by 21% to $4.9 million, compared with the same period a year earlier. Revenue for the half increased organically by 9% to $91.4 million. The large increase in net profit for the period versus the prior corresponding period are attributable to solid organic growth in all three operating segments: Domestic Retail, Domestic Wholesale and Global Wholesale: The Domestic Retail segment benefitted strongly from recent success in the Government segment, with gross margin up 12% on prior year; this segment is expected to continue to perform strongly with the recent announcement that MNF has been selected for the Victorian Government TPAMS panel. The Domestic Wholesale segment continues its strong organic growth due to the monotonic increase in its recurring revenue streams; this segment is also expected to continue this momentum as well as adding additional revenue streams in the form of the Telstra Wholesale MVNO agreement which was announced in December 2016. The Global Wholesale segment contributed strong growth during the period, and is expected to continue to perform well with the addition of its new PoP in Hong Kong launched only in December 2016. Business Outlook and Guidance: The directors believe the business is currently on track to meet our previously stated organic forecast. Subsequent to the half year end, MNF announced the acquisition of Conference Call International (CCI). The combined business will produce an upgraded 2017 forecast with EBITDA and NPAT of $23.7m and $11.6m respectively, and a revised EPS forecast to 16.7cps after capital raising dilution. With a discerning and conservative approach, the Board of MNF Group will continue to actively search for further acquisition opportunities; whilst we remain totally committed to driving growth and performance within the business. The criteria being sought after are: customer bases which can be migrated to the company’s network giving a high return on investment, or intellectual property and network assets which can be integrated into the company’s existing eco-system to provide additional growth opportunities, or additional capabilities which complement the company’s stated strategies. The MNF Group board remains very confident that the company will achieve strong organic growth in the coming year and well into the future.Investor Teleconference: There will be a teleconference and results presentation held on Tuesday 14 February at 4:00 pm AEDT. For details please check http://mnfgroup.limited/investors A recorded version of this presentation will be made available for later viewing at the same web address./ENDSFor further information please contact: Sue Ralston Einsteinz Communications T: (02) 8905 0995 E: sue@einsteinz.com.au  About MNF Group Limited MNF Group Limited (ASX: MNF) is one of Asia-Pacific’s fastest growing technology companies. Listed on the ASX since 2006, it is now capitalised at around $300M, and twice winner of the Forbes Asia-Pacific “Best under a Billion” award. Headquartered in Sydney, Australia, the company has over 250 people located across Asia-Pacific, Europe and North America. MNF develops and operates a global communications network and software suite enabling some of the world’s leading innovators to deliver new-generation communications solutions. As the world moves to IP, MNF Group is building the brands, services, network and technology to lead the way. For further information about MNF Group Limited please visit: http://mnfgroup.limited/     Alternative asset growth supports Blue Sky’s 130 per cent profit surge 2017-02-09T22:50:08Z alternative-asset-growth-supports-blue-sky-s-130-per-cent-profit-surge Blue Sky Alternative Investments (ASX: BLA) today announced its results for the half year ending 31 December 2016, reporting a significant rise in revenue, profitability, cash flow, margins and fee-earning assets under management (AUM). Highlights include: underlying net profit after tax (NPAT) for 1H FY17 up 130 per cent to $10.1 million (1H FY16: $4.4 million); underlying EBITDA margins for 1H FY17 expanding to 41 per cent (1H FY16: 28 per cent) underlying income for the period up 53 per cent to $36.4 million (1H FY16: $23.8 million); and net operating cash flow for 1H FY17 up 200 per cent to $9.3 million (1H FY16: $3.1 million). The company maintained it was on track to deliver underlying NPAT of $24 to $26 million in FY17, representing approximately 50 per cent growth on FY16. Blue Sky’s fee-earning AUM at 31 December 2016 was $2.7 billion, with the company adding $1 billion in the last twelve months. The fund manager saw a significant rise in investments from Australian and overseas institutional investors, from 25 per cent to 37 per cent of its fee-earning AUM during the period – a trend that has continued in 2017 with Blue Sky announcing a new significant mandate in January. Fee-earning AUM is expected to be between $3.1 and $3.3 billion by 30 June 2017. The company confirmed it was on track to meet or exceed its longer-term target of $5 billion by 30 June 2019. The alternative asset manager outperformed market benchmarks in each of its asset classes – private equity and venture capital, private real estate, real assets and hedge funds – delivering investment performance of 16.4 per cent per annum net of fees since its inception more than ten years ago. Blue Sky reported a robust balance sheet with net tangible assets of $134 million including a net cash position of $52.1 million. The strength of Blue Sky’s balance sheet has become a key strategic asset for the business attracting and investing alongside institutional investors, seeding new ventures, and moving quickly to secure new investment opportunities. Blue Sky managing director Robert Shand said the company’s strong financial performance came down to three key drivers: the mainstreaming of alternatives, the company’s compelling ten-year track record and institutional backing. “We have returned 16.4 per cent per annum net of fees over ten years to investors, and have won the endorsement of major institutions,” Mr Shand said. “Long-term trends have seen investors increase their allocation to alternatives and we are benefiting from the same structural tailwinds as global alternative asset managers such as Blackstone and Partners Group.[1] “While we have done well to grow to $2.7 billion in fee-earning AUM in our first ten years, we have barely scratched the surface. Australia’s funds management industry has $2.8 trillion under management, and with alternatives forecast to be our largest asset class in the next decade, the opportunity in front of us is enormous.” [2] A McKinsey & Company report noted growth in alternative investments continued to outstrip that of traditional assets. “The alts boom is likely to be one of the richest asset management growth opportunities in the years to come,” the international report states.[3] Closer to home, Australia’s Future Fund allocates nearly 40 per cent of its portfolios to alternatives.[4] “We continue to […] seek out and access pockets of opportunity particularly in our private market and alternatives programs,” Future Fund managing director David Neal said.[5] ABS data shows that over the last decade, the value of listed equities has treaded water, increasing from $1.66 trillion to just $1.69 trillion. Over the same period, the value of unlisted equities has increased by almost 50 per cent, from $1.96 trillion to $2.95 trillion. The size of unlisted equities in Australia today is approximately 74 per cent more than listed equities. [6] “What investors have experienced in Australia over the last decade is that growth in private markets has far outstripped growth in public markets. As a business that has specialised in investing in private markets, we are uniquely positioned to capitalise on this growth,” Mr Shand concluded. ENDS Note to editor Blue Sky Alternative Investments Limited (Blue Sky) (ASX:BLA) is a leading diversified alternative investment asset manager. Blue Sky was listed on the Australian Securities Exchange in January 2012 and is the only listed fund manager in Australia focused on a diversified portfolio of alternative assets. Established in 2006, Blue Sky has generated strong returns uncorrelated with Australian listed equity markets. Blue Sky has offices in Brisbane, Sydney, Melbourne, Adelaide and New York, a team of more than 80 and a broad investor base including institutional, wholesale and retail clients. Alternative assets include direct investment in private equity, real estate, infrastructure, hedge funds and other real assets. For real-time company announcements, investment opportunities and investment performance, download the Blue Sky Fingerprint app from the App Store or Google Play. www.blueskyfunds.com.au For more information please contact: Miette Lelievre | 0431 854 878 | mlelievre@agencynorth.com.au Celia Brightwell | 0423 949 727 | cbrightwell@agencynorth.com.au [1] From 2007 to 2016, Partners Group AUM has grown from EUR12.6 to EUR49.1 billion (1H 2016 interim report) and Blackstone from US$83.2 to US$277.1 billion (FY2009 report & FY2016 report) [2] Rainmaker Roundup Volume 20 Number 3 Sep Quarter 2016 [3] McKinsey & Company, Thriving in the New Abnormal - North American Asset Management, Nov 16 [4] Future Fund, Portfolio Update at 31 Dec 16 [5] Future Fund, Portfolio Update at 30 Jun 16 [6]Australian Bureau of Statistics, National Accounts; Finance and Wealth Sep 2016 Data Series Seagate Technology Reports Fiscal Second Quarter 2017 Financial Results 2017-01-25T00:48:11Z seagate-technology-reports-fiscal-second-quarter-2017-financial-results Diluted Earnings per Share up 82% year-over-year Net Income up 80% year-over-year Gross Margin expansion 600 basis points year-over-year Average Capacity per Drive up 30% year-over-year SYDNEY, Australia – January 25, 2017 – Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for the second quarter of fiscal year 2017 ended December 30, 2016. For the second quarter, the Company reported revenue of $2.9 billion, gross margin of 30.8%, net income of $297 million and diluted earnings per share of $1.00. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 31.8%, net income of $412 million and diluted earnings per share of $1.38.    During the second quarter, the Company generated $656 million in cash flow from operations, paid cash dividends of $188 million, and repurchased 4.1 million ordinary shares for $147 million. Cash, cash equivalents, and short-term investments totaled approximately $1.7 billion at the end of the quarter. There were 295 million ordinary shares issued and outstanding as of the end of the quarter. “The Company’s product execution, operational performance, and financial results improved every quarter throughout 2016. In the December quarter we achieved near record results in gross margin, cash flow, and profitability. Seagate’s employees are to be congratulated for their incredible effort,” said Steve Luczo, Seagate’s chairman and chief executive officer. “Looking ahead, we are optimistic about the long-term opportunities for Seagate’s business as enterprises and consumers embrace and benefit from the shift of storage to cloud and mobile applications. Seagate is well positioned to work with the leaders in this digital transformation with a broad market-leading storage solution portfolio.” For a detailed reconciliation of GAAP to non-GAAP results, see accompanying financial tables. Seagate has issued a Supplemental Financial Information document, which is available on Seagate’s Investors website at www.seagate.com/investors.  Quarterly Cash Dividend The Board of Directors of the Company (the “Board”) has approved a quarterly cash dividend of $0.63 per share, which will be payable on April 5, 2017 to shareholders of record as of the close of business on March 22, 2017. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board.  Investor Communications Seagate management will hold a public webcast today at 2:00 p.m. Pacific Time that can be accessed on its Investor Relations website at www.seagate.com/investors. During today’s webcast, the Company will provide an outlook for its third fiscal quarter of 2017, including key underlying assumptions.   An archived audio webcast of this event will be available on Seagate’s Investors website at www.seagate.com/investors shortly following the event conclusion.  About Seagate   To learn more about the Company’s products and services, visit www.seagate.com and follow us on Twitter, Facebook, LinkedIn, Spiceworks, YouTube and subscribe to our blog. The contents of our website and social media channels are not a part of this release.   For full financial results please visit Seagate's website www.seagate.com  Media Contact: Carlotta Vittori Einsteinz Communications 02 8905 0995carlotta@einsteinz.com.au  Cautionary Note Regarding Forward-Looking Statements  This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended, including, in particular, statements about the Company’s plans, strategies and prospects, estimates of industry growth, and dividend and share repurchase plans for the fiscal quarter ending March 31, 2017 and beyond. These statements identify prospective information and may include words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “should,” “may,” “will,” or the negative of these words, variations of these words and comparable terminology. These forward-looking statements are based on information available to the Company as of the date of this report and are based on management’s current views and assumptions. These forward-looking statements are conditioned upon and also involve a number of known and unknown risks, uncertainties, and other factors that could cause actual results, performance or events to differ materially from those anticipated by these forward-looking statements. Such risks, uncertainties, and other factors may be beyond the Company’s control and may pose a risk to the Company’s operating and financial condition. Such risks and uncertainties include, but are not limited to: items that may be identified during its financial statement closing process that cause adjustments to the estimates included in this report; the uncertainty in global economic conditions; the impact of the variable demand and adverse pricing environment for disk drives, particularly in view of current business and economic conditions; the Company’s ability to successfully qualify, manufacture and sell its disk drive products in increasing volumes on a cost-effective basis and with acceptable quality, particularly the new disk drive products with lower cost structures; the impact of competitive product announcements; the Company’s ability to achieve projected cost savings in connection with restructuring plans; possible excess industry supply with respect to particular disk drive products; disruptions to its supply chain or production capabilities; unexpected advances in competing technologies or changes in market trends; the development and introduction of products based on new technologies and expansion into new data storage markets; our ability to comply with certain covenants in our credit facilities with respect to financial ratios and financial condition tests; currency fluctuations that may impact the Company’s margins and international sales; cyber-attacks or other data breaches that disrupt our operations or results in the dissemination of proprietary or confidential information and cause reputational harm; and fluctuations in interest rates. Information concerning risks, uncertainties and other factors that could cause results to differ materially from the expectations described in this press release is contained in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on August 5, 2016, the “Risk Factors” section of which is incorporated into this press release by reference, and other documents filed with or furnished to the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made.  The inclusion of Seagate’s website address in this press release is intended to be an inactive textual reference only and not an active hyperlink. The information contained in, or that can be accessed through, Seagate’s website and social media channels are not part of this press release. Use of non-GAAP financial information   The Company uses non-GAAP measures of gross margin, net income and diluted earnings per share, which are adjusted from results based on GAAP to exclude certain expenses, gains and losses. These non-GAAP financial measures may be provided to enhance the user’s overall understanding of the Company’s current financial performance and its prospects for the future. Specifically, the Company believes non-GAAP results provide useful information to both management and investors as these non-GAAP results exclude certain expenses, gains and losses that it believes are not indicative of its core operating results and because it is similar to the approach used in connection with the financial models and estimates published by financial analysts who follow the Company.   These non-GAAP results are some of the primary measurements management uses to assess the Company’s performance, allocate resources and plan for future periods. Reported non-GAAP results should only be considered as supplemental to results prepared in accordance with GAAP, and not considered as a substitute for, or superior to, GAAP results. These non-GAAP measures may differ from the non-GAAP measures reported by other companies in its industry. Brocade Reports Fourth Quarter and Fiscal 2016 Earnings 2016-11-22T02:35:55Z brocade-reports-fourth-quarter-and-fiscal-2016-earnings-1 SAN JOSE, CA--(Marketwired - Nov 21, 2016) - Brocade® (NASDAQ: BRCD) today reported financial results for its fourth quarter and full fiscal year 2016 ended October 29, 2016. Brocade reported fourth quarter revenue of $657 million, an increase of 12% year-over-year and 11% quarter-over-quarter. Revenue for fiscal year 2016 was $2,346 million, up 4% year-over-year. GAAP diluted earnings per share (EPS) was $0.16 for the fourth quarter and $0.51 for fiscal year 2016, down 19% and down 35% year-over-year, respectively. Non-GAAP diluted EPS was $0.33 for the fourth quarter and $1.04 for fiscal year 2016, up 27% and up 3% year-over-year, respectively. "Fiscal 2016 was a year of significant accomplishment," said Lloyd Carney, CEO. "We delivered record revenue and expanded our market reach to address critical requirements at the network edge through our acquisition of Ruckus Wireless. In addition, we provided our customers with significant innovations across our product portfolio, including Gen 6 Fibre Channel, data center automation, Ruckus Cloud Wi-Fi, and next-generation data center routing. With a range of new IP Networking solutions expected to launch in the first quarter of fiscal 2017, we continue to advance our roadmap and help our customers transform their networks for digital business."Highlights: Revenue for both the fourth quarter and the full fiscal year was positively impacted by $14.4 million, or 2.2% and 0.6%, respectively, due to a change in channel revenue recognition methodology implemented in the fourth quarter as described under "Financial Highlights and Additional Financial Information" below. Q4 2016 SAN product revenue was $303 million, down 7% year-over-year and up 8% quarter-over-quarter. The Q4 year-over-year revenue decline was due to an 18% decrease in director sales and a 13% decrease in embedded switch sales, partially offset by a 7% increase in fixed-configuration switch sales. For fiscal year 2016, SAN product revenue was $1,229 million, down 6% year-over-year, primarily due to certain partner business transitions and a challenging storage spending environment, leading to lower director and embedded switch sales. Q4 2016 IP Networking product revenue was $256 million, up 51% year-over-year and up 22% quarter-over-quarter. The Q4 year-over-year increase was primarily driven by the inclusion of $96 million of Ruckus Wireless product revenue, following the acquisition in fiscal Q3 2016. This was partially offset by lower service provider sales and lower sales into the education market. For fiscal year 2016, IP Networking product revenue was $730 million, up 21% year-over-year, primarily due to the inclusion of five months of revenue from Ruckus Wireless, partially offset by lower service provider and U.S. federal sales. In fiscal year 2016, Brocade's full-year GAAP gross margin was 64.6%, down 290 basis points from fiscal year 2015. The gross margin decline was primarily due to a shift in product mix primarily from SAN to IP Networking, and the purchase accounting adjustment to inventory related to the Ruckus Wireless acquisition. Fiscal 2016 full-year GAAP operating margin was 13.1%, down 870 basis points, primarily due to lower gross margins, higher acquisition-related costs, and higher operating expenses primarily associated with Ruckus Wireless. GAAP diluted EPS in fiscal year 2016 was $0.51, down 35% from the prior year, due primarily to acquisition-related costs and higher operating expenses associated with Ruckus Wireless, partially offset by a favorable jurisdictional mix of earnings resulting in a lower effective tax rate. In fiscal year 2016, Brocade's full-year non-GAAP gross margin was 67.9%, down 50 basis points from fiscal year 2015. The non-GAAP gross margin decline was primarily due to a shift in product mix primarily from SAN to IP Networking. Fiscal 2016 full-year non-GAAP operating margin was 23.1%, down 320 basis points, primarily due to lower gross margin and higher operating expenses resulting from the acquisition of Ruckus Wireless. Non-GAAP diluted EPS in fiscal year 2016 was $1.04, up 3% from the prior year, due primarily to higher revenue and a favorable jurisdictional mix of earnings resulting in a lower effective tax rate, partially offset by higher operating expenses. Board Declares Dividend The Brocade Board of Directors has declared a quarterly cash dividend of $0.055 per share of the Company's common stock. The dividend payment will be made on January 4, 2017 to shareholders of record at the close of market on December 12, 2016. On November 2, 2016, Brocade announced that it had entered into a definitive agreement under which Brocade would be acquired by Broadcom Limited. In light of the pending acquisition, Brocade will not provide fiscal Q1 2017 guidance and will not hold a conference call to discuss these financial results. Other Q4 2016 product, customer, and partner announcements are available at HTTP://NEWSROOM.BROCADE.COM/. Brocade (WWW.BROCADE.COM) 130 Holger Way, San Jose, CA 95134 T. 408.333.8000 F. 408.333.8101Financial Highlights and Additional Financial Information Prior to fiscal Q4 2016, Brocade recognized revenue from sales to distributors on a "sell-through" basis after the distributor resold Brocade's products to its end customers. Due to improvements made to Brocade's systems and processes for capturing channel sales data, Brocade is now able to reliably estimate rebates, discounts, and sales returns. As a result, beginning in the fourth quarter of fiscal year 2016, Brocade began recognizing revenue to distributors on a "sell-in" basis at the time of shipment to the distributor. Accordingly, during the fourth quarter of fiscal year 2016, Brocade recorded corresponding adjustments to recognize revenue that would have been deferred under our previous revenue recognition model. The net effect was a $14.4 million increase in revenue, of which $6.3 million was attributable to the Ruckus Wireless business, $7.7 million was attributable to the remainder of the IP Networking business, and $0.4 million was attributable to the SAN business, and a $4.0 million increase in cost of revenues. These adjustments resulted in a net increase in GAAP and non-GAAP operating income of $10.4 million, representing a $0.02 increase in Q4 2016 fully diluted GAAP and non-GAAP EPS.Non-GAAP Financial Measures To supplement financial information presented on a GAAP basis, Brocade provides information presented on a non-GAAP basis. These non-GAAP financial measures include non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating margin, non-GAAP operating income, non-GAAP tax rate, non-GAAP net income, and non-GAAP EPS. These non-GAAP financial measures are not computed in accordance with, or as an alternative to, financial information presented on a GAAP basis. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP measures. The most directly comparable GAAP information and a reconciliation between the GAAP and non-GAAP amounts is provided in the tables at the end of this press release. Management believes that the non-GAAP financial measures used in this press release allow management to gain a better understanding of Brocade's comparative operating performance, both from period to period and relative to its competitors. These non-GAAP financial measures also help with the determination of Brocade's baseline performance before gains, losses or charges that are considered by management to be outside of ongoing operating results. Accordingly, management uses these non-GAAP financial measures for planning and forecasting of future periods and in making decisions regarding operations and the allocation of resources. Management believes these non-GAAP financial measures, when read in conjunction with Brocade's GAAP financials, provide useful information to investors by offering: the ability to make more meaningful period-to-period comparisons of Brocade's ongoing operating results; the ability to make more meaningful comparisons of Brocade's operating performance relative to its competitors; the ability to better identify trends in Brocade's underlying business and to perform related trend analyses; and a better understanding of how management plans and measures Brocade's underlying business. In determining non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating margin, non-GAAP operating income, non-GAAP tax rate, non-GAAP net income and non-GAAP EPS, management excludes certain gains or losses and benefits or costs that are the result of events that arise outside the ordinary course of Brocade's continuing operations. Management believes that it is appropriate to evaluate Brocade's operating performance by excluding those items that are not indicative of ongoing operating results or limit comparability. Such items include, but are not limited to: (i) impact to cost of revenues from purchase accounting adjustments to inventory; (ii) call premium cost and write-off of debt discount and debt issuance costs related to lenders that did not participate in Brocade's debt refinancings; (iii) acquisition and integration costs; and (iv) restructuring and other related benefits. Management also excludes the following non-cash charges in determining non-GAAP financial measures: (i) stock-based compensation expense; (ii) amortization of purchased intangible assets; and (iii) non-cash interest expense related to the convertible debt. Management believes that the exclusion of stock-based compensation allows for more accurate comparisons of Brocade's operating results to Brocade's peer companies because of the varying use of valuation methodologies and subjective assumptions and the variety of award types. In addition, the exclusion of the expense associated with the amortization of acquisition-related intangible assets is appropriate because a significant portion of the purchase price for acquisitions may be allocated to intangible assets that have short lives, and the exclusion of amortization expense allows comparisons of operating results that are consistent over time for Brocade's newly acquired and long-held businesses. In connection with the convertible debt, under the relevant accounting guidance, a non-cash interest expense is recognized for the convertible debt as an imputed interest expense for the conversion feature. Management believes excluding the non-cash interest expense related to the convertible debt from its non-GAAP financial measures is useful for investors because the expense does not represent a cash outflow in the respective reporting periods and is not indicative of ongoing operating performance. Finally, management believes that it is appropriate to exclude the tax effects of the items noted above and (i) tax charges and benefits related to unusual or infrequent intercompany transactions; (ii) tax charges or benefits that are a result of the implementation of infrequent restructuring plans; and (iii) tax charges resulting from the integration of intellectual property assets from acquisitions. Management believes that the exclusion of these items from its non-GAAP tax provision provides a more meaningful measure of Brocade's operational performance of non-GAAP net income and non-GAAP EPS.Limitations: These non-GAAP financial measures have limitations because they do not include all items of income and expense that impact the company. In addition, these non-GAAP financial measures may not be comparable to similar measurements reported by other companies. Management compensates for these limitations by relying primarily on its GAAP results and using non-GAAP financial measures only supplementally. Management also provides robust and detailed reconciliations of each non-GAAP financial measure to its most directly comparable GAAP measure, and management encourages investors to review carefully those reconciliations.Additional Information and Where to Find It This communication is being made in respect of the proposed transaction involving Brocade Communications Systems, Inc. ("Brocade") and Broadcom Limited ("Broadcom"). In connection with the proposed transaction, Brocade intends to file relevant materials with the Securities and Exchange Commission (the "SEC"), including a preliminary proxy statement on Schedule 14A. Promptly after filing its definitive proxy statement with the SEC, Brocade will mail the definitive proxy statement and a proxy card to each stockholder of Brocade entitled to vote at the special meeting relating to the proposed transaction. INVESTORS AND SECURITY HOLDERS OF BROCADE ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE PROPOSED TRANSACTION THAT BROCADE WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT BROCADE AND THE PROPOSED TRANSACTION. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the proposed transaction (when they become available), and any other documents filed by Brocade with the SEC, may be obtained free of charge at the SEC's website (HTTP://WWW.SEC.GOV) or at Brocade's website (HTTP://WWW.BRCD.COM) or by contacting Brocade's Investor Relations at (408) 333-6208 or SCOLI@BROCADE.COM.Participants in the Solicitation Brocade and its directors and executive officers may be deemed to be participants in the solicitation of proxies from Brocade's stockholders with respect to the proposed transaction. Information about Brocade's directors and executive officers and their ownership of Brocade's common stock is set forth in Brocade's proxy statement on Schedule 14A filed with the SEC on February 25, 2016, and Brocade's Annual Report on Form 10-K for the fiscal year ended October 31, 2015, which was filed on December 22, 2015. Information regarding the identity of the potential participants, and their direct or indirect interests in the proposed transaction, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with the SEC in connection with the proposed transaction.Forward-Looking Statements This press release contains forward-looking statements including, but not limited to, statements regarding Brocade's financial results, goals, plans, strategy, business outlook and prospects. These statements are based on current expectations as of the date of this presentation and involve a number of risks, uncertainties and assumptions that may cause actual results to differ significantly. The risks, uncertainties and assumptions include, but are not limited to: the effect on Brocade of increasing market competition and changes in the industry; Brocade's ability to execute on its sales strategy and plans for future operations; the impact on Brocade of macroeconomic trends and events and changes in IT spending levels; Brocade's ability to introduce and achieve market acceptance of new products and support offerings on a timely basis; risks associated with Brocade's international operations; and integration and other risks associated with acquisitions, divestitures and strategic investments. The risks, uncertainties and assumptions also include, but are not limited to: the risk that the proposed acquisition by Broadcom may not be completed in a timely manner or at all, which may adversely affect Brocade's business and the price of the common stock of Brocade; the failure to satisfy any of the conditions to the consummation of the proposed transaction, including the adoption of the merger agreement by the stockholders of Brocade and the receipt of certain governmental and regulatory approvals; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement; the effect of the announcement or pendency of the proposed transaction on Brocade's business relationships, operating results and business generally; risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the proposed transaction; risks related to diverting management's attention from Brocade's ongoing business operations; the outcome of any legal proceedings that may be instituted against us related to the merger agreement or the proposed transaction; and unexpected costs, charges or expenses resulting from the proposed transaction. Certain of these and other risks are set forth in more detail in Brocade's Form 10-Q for the fiscal quarter ended July 30, 2016, and in Brocade's Annual Report on Form 10-K for the fiscal year ended October 31, 2015. Brocade expressly assumes no obligation to update any such forward-looking statements whether as the result of new developments or otherwise.About Brocade Brocade (NASDAQ: BRCD) networking solutions help the world's leading organizations turn their networks into platforms for business innovation. With solutions spanning public and private data centers to the network edge, Brocade is leading the industry in its transition to the New IP network infrastructures required for today's era of digital business. (WWW.BROCADE.COM) Brocade and the B-wing symbol are registered trademarks of Brocade Communications Systems, Inc., in the United States and many other countries. Other brands, products, or service names mentioned herein may be trademarks of Brocade or others. Additional information about Brocade's trademarks is available at: HTTP://WWW.BROCADE.COM/EN/LEGAL/BROCADE-LEGAL-INTELLECTUAL-PROPERTY/BROCADE-LEGAL-TRADEMARKS.HTML. For full financial results please visit Brocade's websiteBROCADE CONTACTS Einsteinz Communications Emma Keen or Carlotta Vittori Tel: 02 8905 0995brocade@einsteinz.com.au Investor Relations Michael Iburg  Tel: 408-333-0233MIBURG@BROCADE.COM Global financial organisations select SimpliVity for their next-generation data centres 2016-11-16T00:00:00Z global-financial-organisations-select-simplivity-for-their-next-generation-data-centres Sydney, Australia – November 16, 2016 – SimpliVity, a hyperconverged infrastructure leader powering the world’s most efficient and resilient data centers, today showcased its strength in the financial services and banking industries, highlighting four customers from around the world that have selected SimpliVity’s market-leading solution. The company’s OmniStack technology enables leading financial institutions like Bank Central Asia, Credit and Investments Ombudsman, First Names Group, and PeoplesBank to transform their IT infrastructures and achieve the enterprise-class performance and availability their businesses demand, with the cloud economics their IT leaders require.   Financial services companies, like all companies, need constant access to their data, top-tier performance, and high availability to support their most recent information as well as application level disaster recovery. They can’t afford to have data corrupted or lost and it is imperative that enterprise applications remain predictable and at peak performance, even in the event of a site failure. SimpliVity hyperconverged infrastructure improves application performance while combining all core data centre functions to massively simplify enterprise IT environments. The solution also offers built-in data protection, and disaster recovery capabilities, at a VM or application level to dramatically shrink recovery point and recovery time objectives, ensuring the availability and resiliency of mission-critical applications.   “SimpliVity offers the most comprehensive hyperconverged solution in the market,” said Rich Kucharski, VP solutions architecture, SimpliVity. “Companies in the finance and banking industries cannot afford to go offline or have their mission-critical applications underperform. It is very telling that these companies trust SimpliVity with their most crucial workloads and applications. We are pleased to work with these enterprises to move them into a truly hyperconverged environment that delivers incredible elasticity, availability, agility, and superior cost savings.”  Credit and Investments Ombudsman deploys SimpliVity to meet growing enterprise demands Headquartered in Sydney, Australia, Credit and Investments Ombudsman provides consumers with a free and impartial dispute resolution service as an alternative to legal proceedings for resolving complaints with their financial services and product providers. As the company underwent a period of rapid growth, it found it was in need of an IT infrastructure that would scale along with the company. The organisation also needed to improve its disaster recovery options – in its early growth phase, the IT team was performing weekly full backups and nightly incrementals. However, as the business expanded, so too did its data protection needs. With SimpliVity, Credit and Investments Ombudsman now has disaster recovery fully integrated into their IT infrastructure, dramatically improving the company’s recovery time objectives and recovery point objectives in a disaster scenario.   “SimpliVity has vastly simplified operations for our IT team,” said Matt Grech, IT manager, Credit and Investments Ombudsman. “The complexity of a typical SAN environment is removed and our disaster recovery capabilities are much improved, as well. The performance of our hyperconverged environment has been so incredible, we are currently working on standardising on SimpliVity for all of our IT infrastructure needs. This is truly an enterprise solution.”  Bank Central Asia realises real data efficiency with SimpliVity   Bank Central Asia was looking for an all-in-one infrastructure solution that could provide dramatic improvements in data efficiency at both core data centres and disaster recovery sites. As one of the largest regional banks in Indonesia, the bank needed a reliable data centre solution that was able to provide enterprise performance, predictability, and protection. SimpliVity’s solution allows Bank Central Asia to reap the benefits of global inline deduplication, compression, and optimisation, including backup without additional licensing and without impacting server performance.   “SimpliVity brings something new to the table. By deduplicating, compressing, and optimising all data, at inception, we’re able to achieve unmatched data efficiency without needing a specialised system,” said Hermawan Thendean, executive vice president information technology group, Bank Central Asia.  “It’s unlike anything else other hyperconverged vendors are offering. The company has built something really revolutionary by delivering one complete solution for the data centre.”  First Names Group improves scalability and simplifies management with SimpliVity When the IT team was tasked with improving the network of First Names Group, the first priority was to upgrade the underlying IT infrastructure. First Names Group’s previous infrastructure was made up of various legacy technologies and the incumbent infrastructure environment was not designed to scale in line with the organisation’s growth objectives. To improve business productivity and maximise IT resources, First Names Group deployed hyperconverged infrastructure. With the new IT infrastructure, the company now doesn’t have to worry about if its IT infrastructure can scale to handle periods of growth. SimpliVity’s solution is designed in a scale-out model where x86 building blocks can be added to meet the needs of all growing enterprises. The company also needed a solution that could be managed from a single interface. SimpliVity’s global unified management enables First Names Group to do just that as the IT team now manages the entire SimpliVity solution, in all locations, from a single pane-of-glass.   “There was a lot to consider in choosing the right solution to improve our IT environment now, while remaining capable of dealing with future demand as well. We were originally looking at traditional IT vendor solutions, but when we found SimpliVity, it was like a breath of fresh air,” said Ian Quayle, associate director, First Names Group. “Once we saw that SimpliVity enabled one-click operations where, say, a workload could be transferred in just a few seconds to the other side of the globe, we knew SimpliVity was something revolutionary.”  PeoplesBank future-proofs its data centre with hyperconvergence   To replace its aging and outdated legacy IT infrastructure, PeoplesBank decided to use a technology refresh as an opportunity to invest in a hyperconverged solution. With a hyperconverged implementation spanning two sites for disaster recovery, PeoplesBank is running core mission-critical applications on SimpliVity, including Microsoft Exchange and Microsoft SQL Server, as well as other industry-specific applications. The organisation has also improved and automated its disaster recovery posture, taking advantage of SimpliVity’s built-in data protection capabilities.   “I wanted a solution that would make our data centre future-proof,” said Joe Zazzaro, CIO, PeoplesBank. “SimpliVity has made our entire data centre more efficient, much simpler, and more innovative. We are able to work on new projects now with SimpliVity that we simply didn’t have the bandwidth for prior to going hyperconverged. The impact of SimpliVity and the efficiency it enables has been felt not just in our IT department, but across all facets of the business.”  Resources Read the Credit and Investments Ombudsman case study Read the blog about other financial customers Follow SimpliVity on Twitter, LinkedIn, Facebook, YouTube and Google+ About SimpliVity SimpliVity powers the world’s most efficient and resilient data centres with the most complete hyperconverged infrastructure solution. Unlike traditional infrastructure that’s complex and costly to manage, SimpliVity dramatically simplifies enterprise IT by combining all infrastructure and advanced data services for virtualised workloads—including guaranteed data efficiency, data protection, and VM-centric management and mobility—onto the customer’s choice of server. SimpliVity delivers 3x cost savings versus traditional architectures and up to 49% cost savings versus public cloud. Headquartered in Westborough, Mass., the company has raised $276 million in venture capital and employs about 750 worldwide. A market and customer satisfaction leader, SimpliVity services midmarket and Global 2000 enterprises worldwide with a business model that is 100 percent indirect.  For more information, visit http://www.simplivity.com.  Media Contacts Amanda Conroy Espresso Communicationsamanda@espressocomms.com.au +61 2 8016 2200 +61 422 472 883 Amy Rathbone Espresso Communicationsamy@espressocomms.com.au +61 2 8016 2200 +61 423 230 244® 2016, SimpliVity. All rights reserved. Information described herein is furnished for informational use only, is subject to change without notice. SimpliVity, the SimpliVity logo, OmniCube, OmniStack, and Data Virtualization Platform are trademarks or registered trademarks of SimpliVity Corporation in the United States and certain other countries. All other trademarks are the property of their respective owners. Seagate Technology Reports Fiscal First Quarter 2017 Financial Results 2016-10-20T03:36:10Z seagate-technology-reports-fiscal-first-quarter-2017-financial-results CUPERTINO, CA – October 19, 2016 – Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for the first quarter of fiscal year 2017 ended September 30, 2016. For the first quarter, the Company reported revenue of $2.8 billion, gross margin of 28.6%, net income of $167 million and diluted earnings per share of $0.55. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 29.5%, net income of $299 million and diluted earnings per share of $0.99.    During the first quarter, the Company generated $592 million in operating cash flow and repurchased 3 million ordinary shares for $101 million. Cash, cash equivalents, and short-term investments totaled approximately $1.5 billion at the end of the quarter. There were 299 million ordinary shares issued and outstanding as of the end of the quarter. “In response to strong cloud storage customer demand, Seagate delivered record levels of exabyte shipments, and generated strong revenues, margin and cash flow in the September quarter. In addition, as a result of our operating expense management, the company’s non-GAAP earnings per share increased by 85% year over year,” said Steve Luczo, Seagate’s chairman and chief executive officer. “As the demand for HDD storage continues to benefit from the shift to data driven cloud based architectures, Seagate is in a strong position to grow its businesses, improve margins and continue with its dividend and buyback capital allocation objectives.” For a detailed reconciliation of GAAP to non-GAAP results, see accompanying financial tables. Seagate has issued a Supplemental Financial Information document, which is available on Seagate’s Investors website at www.seagate.com/investors.  Quarterly Cash Dividend  The Board of Directors of the Company (the “Board”) has approved a quarterly cash dividend of $0.63 per share, which will be payable on January 4, 2017 to shareholders of record as of the close of business on December 21, 2016. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board.  Investor Communications Seagate management will hold a public webcast today at 6:00 a.m. Pacific Time that can be accessed on its Investor Relations website at www.seagate.com/investors. During today’s webcast, the Company will provide an outlook for its second fiscal quarter of 2017, including key underlying assumptions.   An archived audio webcast of this event will be available shortly following the event conclusion.  About Seagate   To learn more about the Company’s products and services, visit www.seagate.com and follow us on Twitter, Facebook, LinkedIn, Spiceworks, YouTube and subscribe to our blog. The contents of our website and social media channels are not a part of this release.  Cautionary Note Regarding Forward-Looking Statements   This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended, including, in particular, statements about the Company’s plans, strategies and prospects, estimates of industry growth, and dividend and share repurchase plans for the fiscal quarter ending December 30, 2016 and beyond. These statements identify prospective information and may include words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “should” and similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and are based on management’s current views and assumptions. These forward-looking statements are conditioned upon and also involve a number of known and unknown risks, uncertainties, and other factors that could cause actual results, performance or events to differ materially from those anticipated by these forward-looking statements. Such risks, uncertainties, and other factors may be beyond the Company’s control and may pose a risk to the Company’s operating and financial condition. Such risks and uncertainties include, but are not limited to: items that may be identified duringits financial statement closing process that cause adjustments to the estimates included in this report; the uncertainty in global economic conditions; the impact of the variable demand and adverse pricing environment for disk drives, particularly in view of current business and economic conditions; the Company’s ability to successfully qualify, manufacture and sell its disk drive products in increasing volumes on a cost-effective basis and with acceptable quality, particularly the new disk drive products with lower cost structures; the impact of competitive product announcements; the Company’s ability to achieve projected cost savings in connection with restructuring plans; possible excess industry supply with respect to particular disk drive products; disruptions to its supply chain or production capabilities; unexpected advances in competing technologies; the development and introduction of products based on new technologies and expansion into new data storage markets; our ability to comply with certain covenants in our credit facilities with respect to financial ratios and financial condition tests; currency fluctuations that may impact the Company’s margins and international sales; cyber-attacks or other data breaches that disrupt its operations or results in the dissemination of proprietary or confidential information; and fluctuations in interest rates. Information concerning risks, uncertainties and other factors that could cause results to differ materially from the expectations described in this press release is contained in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on August 5, 2016, the “Risk Factors” section of which is incorporated into this press release by reference, and other documents filed with or furnished to the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made.  The inclusion of Seagate’s website address in this press release is intended to be an inactive textual reference only and not an active hyperlink. The information contained in, or that can be accessed through, Seagate’s website and social media channels are not part of this press release. For full financial results please visit Seagate's website www.seagate.comMedia Contacts Einsteinz Communications Pru Quinlan E: pru@einsteinz.com.au T: 02 8905 0995 Record lending drives growth 2016-10-17T23:19:00Z record-lending-drives-growth-1                                RECORD LENDING DRIVES GROWTH   A remarkable 24% increase in lending has helped Beyond Bank Australia record a profit of $24.6 million for the 2015/16 financial year.   New lending soared to $965 million and was sourced across all aspects of the Bank’s product offerings with a noticeable spike in home loans.   Gross loans and advances were up by 10%, doubling the previous year’s growth and well above the Customer Owned Banking Association (COBA) average of 7.75%.   Assets under managements also saw strong growth increasing by 9% to $4.8 billion.   “Growth and sustainable cost management has allowed us to increase our bottom line profit by 7.8% and return value to our members through highly competitive deposit and lending rates,” said Robert Keogh, CEO, Beyond Bank.   “This has happened despite the Reserve Bank dropping cash rates to record lows.   “Capital Adequacy which measures our strength and stability also came in significantly above regulatory requirements at a very healthy 16.43%.”   Beyond Bank is now one of Australia’s largest customer owned banks, established in 1958 but rebranded in 2013 after a series of mergers with credit unions across the nation.   In the three years since, it has seen total assets grow by a stunning 26%. And, in the last year alone, more than 10,000 customers have joined the Bank.   “The year has been very successful and we are confident about the future for well-performing customer-owned financial institutions notwithstanding the challenges present within the operating environment,” said Mr. Keogh.   “We believe there are exciting opportunities for values-based customer-owned financial institutions in the marketplace.”   The Bank has also delivered $2.21m back into local communities in 2015/16 including close to $400,000 to charities, not for profit and community groups in Community Reward Savings Account grants.     About BEYOND BANK AUSTRALIA With almost 200,000 customers and assets under management in excess of $4.76 billion, Beyond Bank Australia is one of the nation's largest 100% customer-owned financial institutions. It operates branches across South Australia, Western Australia, the Riverina region, the Hunter Valley and the ACT, and provides personal and business banking services along with financial planning. It works closely with community groups to ‘create good together’, supporting charitable organisations and initiatives through fundraising, donations and actively helping volunteering within the community.   As a customer-owned bank, Beyond Bank is 100% owned by their customers, and use their profits to benefit their customers and the community.  This allows Beyond Bank to offer benefits and rewards, such as competitive lending & investment rates, lower fees & charges, and financially support the community.   In 2016 Beyond Bank Australia was recognised by CANSTAR at their annual banking awards receiving the following recognition, Customer-Owned Institution of the Year – Online Banking and Customer-Owned Institution of the Year – Mobile Banking.  Beyond Bank also received the Roy Morgan’s Best in Customer Satisfaction award, and the Best Rate Savings Account – Junior Savings Club and the award for Balance Transfer Credit Card – Low Rate at the Mozo Experts Choice Awards.  In 2015 the bank received Money magazine’s Best of the Best award for their Low Rate Visa Credit Card, AB+F’s Mutual of the Year, CANSTAR’s Customer-Owned Online Bank of the Year and CANSTAR’s Mutual of the Year First Home Buyers award SA & WA.     Beyond Bank Australia and SocietyOne announce key partnership 2016-09-26T00:19:39Z beyond-bank-australia-and-societyone-announce-key-partnership-2                        Beyond Bank Australia and SocietyOne announce key partnership   Beyond Bank Australia is continuing its expansion into the fintech sector, forming a significant partnership with the nation’s leader in marketplace lending, SocietyOne.   The agreement sees Beyond Bank tip in $1.5 million for an equity stake in SocietyOne as well as increasing its existing funding commitment in personal loans to $10 million. The arrangement was formalised on Friday, September 23.   “Our partnership with SocietyOne is a perfect example of our approach to innovation, customer service and new product opportunities which are delivering real benefits to our members,” said Wayne Matters, Beyond Bank’s Deputy Chief Executive Officer.   “The links that we have forged with SocietyOne have underlined to both of us what can be achieved when you put the experience, strength and depth of an organisation like ours together with the entrepreneurial drive and creative dynamism of a company like SocietyOne.”   SocietyOne now has ten mutual banks and credit unions among its 200 investor funders and is actively engaged with a number of other potential investors as it undergoes further expansion, targeting a 2-3 percent share of the $100 billion consumer finance market by 2021.   “We’re delighted to welcome Beyond Bank as a shareholder in our company. This is a clear sign of our close relationship that dates back more than two years when we first began discussing the opportunities of becoming an investor funder,” said Jason Yetton, SocietyOne’s Chief Executive Officer and Managing Director.   “From that initial contact, the Bank has now gained valuable experience and insights into the benefits that we have been able to provide as the leader in lending market places in Australia through our innovative approach to personal and secured agribusiness loans.   “We have now passed through $100 million of personal loan originations since we started and taken our total originations including our support for Australian agribusiness to more than $150 million. That is an increase of $50 million alone since early April.”   Mr Matters said: “We both share similar values in supporting customers and communities in an open, honest and trustworthy manner. SocietyOne aims to share the financial benefits between its borrower customers and funders and that is very much part of our ethos too.”   Note to Editors:   Wayne Matters is available for interview on request, please contact Beyond Bank via details below.   Media Enquiries - SocietyOne:                                   Media Enquiries -  Beyond Bank: Danny John,                                                                Georgina McGuinness, Director of Communications and PR,                          Director SocietyOne,                                                                McGuinness Media 0438 791 068                                                              0488 247 777 danny.john@societyone.com.au                                 georgina@mcguinnessmedia.com.au                     About SocietyOne   SocietyOne was founded in 2012 and is Australia’s leading online marketplace lender, connecting borrowers and investors to loans based on risk-based pricing through its ClearMatch technology platform. SocietyOne was named in April 2016 as the 20th leading company in the top 50 innovative “game-changers” in Australia and New Zealand by H2 Ventures and Investec Bank Australia. The company also won the Best Digital Offering of the Year category in the 2016 AB+F Australian Retail Banking Awards and the 2016 Fintech Innovation in Lending award in the inaugural Australian Fintech Awards. For more information, visit www.societyone.com.au     About BEYOND BANK AUSTRALIA   With more than 200,000 customers and $4.8 billion assets under management, Beyond Bank Australia is one of the nation's largest 100% customer-owned financial institutions. It operates branches across South Australia, Western Australia, the Riverina region, the Hunter Valley and the ACT, and provides personal and business banking services along with financial planning. It works closely with community groups to ‘create good together’, supports charitable organisations and initiatives through fundraising, donations and by actively helping volunteering within the community. As a customer-owned bank, Beyond Bank is 100% owned by their customers, and use their profits to benefit their customers and the community.  This allows Beyond Bank to offer benefits and rewards, such as competitive lending & investment rates, lower fees & charges, and financially support the community. www.beyondbank.com.au     Further media information contact:  Georgina McGuinness - georgina.mcguinness@gmail.com or 0488 247 777   Ready. Steady. Risk. 2 months to go! 2016-09-25T11:01:40Z ready-steady-risk-2-months-to-go Ready. Steady. Risk. 2 months to go! RMIA National Conference to deliver an impressive array of keynote speakers. 25th September 2016, Sydney, Australia, The Risk Management Institution of Australasia conference takes place on the 16th-18th of November 2016 at The Crowne Conference Centre in Melbourne. One of the keynote speakers, Chris MacKinnon, from Lloyd’s will examine Emerging Risk. MacKinnon states: “Lloyd’s defines an emerging risk as an issue that is perceived to be potentially significant but which may not be fully understood or allowed for in insurance terms and conditions, pricing, reserving or capital setting. It is important to understand that in some cases the threat itself is not emerging, but our vulnerability to the risk it poses is. Human Pandemic is a good example – The Spanish Flu pandemic in 1918 killed nearly 100m people. Modern medicine, response coordination and communications have significantly improved the risk, but global society, and international movement of people increases the threat for the fast spread of disease dramatically. Spanish Flu took three months to go global – Swine Flu took three weeks.” Keynote speaker, Kate Hughes, Chief Risk Officer at Telstra will review the differences between risk management between public and private sector organisations. Kate Hughes gives us a taste of what will be discussed by highlighting the following: “There are a few differences, some of it is driven by different stakeholders but there is also the issue of transparency and that can drive different approaches to risk appetite and risk management. Most privately held companies are not required to disclose their financial information and they don’t need shareholder approval for their strategy so can possibly choose to pursue more (or less) risk. This can mean that they can shift their focus more simply, potentially focusing more on long term growth rather than making sure shareholders are receiving their dividends. However private companies may struggle to attract directors with risk management experience as they often have smaller boards and the regulatory requirements around governance aren’t so obvious, so there may be a disconnect between management and board about how risk should be managed, and yet in some cases given the lack of capital markets support, it’s arguable that risk management practices should be stronger. You could argue that in publicly listed companies the board is required to very visibly manage risk and there is greater transparency about how they do that but these organisations tend to be larger with strong capital markets supporting them whereas in private companies the board is less visible and there are fewer requirements around risk management and disclosure of governance practices. Generally speaking, public corporations are more likely to be subject to regulatory scrutiny, particularly those with specific regulatory risk requirements relating to their operations. All of these things will influence the risk tolerance and appetite and ultimately the types of risk management strategies the company employs.” The RMIA conference will be a conduit for ideas, debate, networking and discussion which will become part of the matrix for a better business environment in the Asia Pacific and the international risk community. For more information and to book go to: http://rmiaconference.com.au Media Enquiries: Candice Meisels candice@candicepr.com Secured Signing Digital Signature Platform Accelerates Car Loans for CFS Finance 2016-09-12T22:06:43Z secured-signing-digital-signature-platform-accelerates-car-loans-for-cfs-finance 13 September 2016 - Online Signing of loan documents has been embraced by customers and brokers for its convenience while giving CFS Finance signed loan agreements in minutes rather than days or weeks, with stronger compliance outcomes, identity verification and validation of customer contact details.   Less than ten minutes turnaround on signing loan origination documents places CFS Finance well ahead of its competitors. This is made possible with an online signing solution from Secured Signing that also delivers improved confidence in borrower identity and the quality of customer data. "The speed to market Secured Signing gives us is a huge win and places us at the forefront of our industry", said Paul Collins, Group Operations Manager for CFS Finance.  Lending is a fiercely competitive industry, so making things too complex will mean losing the customer to a competitor. Continuing to rely on face to face signing or sending documents by courier was a barrier to growing the business. Simply sending the documents by email was identified as a compliance risk in not being able to clearly demonstrate who in fact signed the document. CFS Finance turned to Secured Signing for a compliant and legally binding way to sign loan origination documents online, without increasing risk. "The benefits of online signing are clear but the market has been nervous about security. Wherever the bar was in terms of security and identity, we knew we wanted to be well above it" observed Mr Collins. "Working with Mike Eyal and his team at Secured Signing has given us an online signing process with robust checks to verify who is signing the document." The solution provided combines two factor authentication, drivers licence checks and validation of date of birth. To sign the document requires the borrower to respond to email messages and text messages providing an unexpected advantage in validating the contact data for the customer. The convenience and simplicity of signing online has been well received by both customers and the broker network leading to a high uptake of the option to sign loan documents online. This does not surprise Mike Eyal, Managing Director of Secured Signing. "Completion rates for invitations to sign documents is something we monitor closely. Our is always well above 95% which we see as validation of how easy it is to sign online with Secured Signing." About CFS Finance - CFS Finance provides private car buyers with fast, flexible and friendly car finance options under the Online Car Loans brand. We live by our company’s philosophy, to always ’treat people how we want to be treated’. That means being helpful, open and honest when it comes to organising car finance for people buying a car privately. To learn more about CFS Finance, visit www.onlinecarloans.co.nz About Secured Signing - Secured Signing provides a comprehensive and secure SaaS digital signature service that delivers a full range of form completion and eSigning capabilities combining advanced personalised X509 PKI Digital Signature technology with easy-to-use, simple-to-deploy, compliant solutions. Secured Signing enables its users to utilise smartphones, PCs, any tablet device and any browser, to capture their graphical signature, fill-in, sign, seal and verify documents anywhere, anytime. The solution streamlines business processes, cuts back on expenses, expedites delivery cycles, improves staff efficiency and enhances customer service in a green environment. To learn more about Secured Signing, visit www.securedsigning.com Blue Sky announces new MD as founder Mark Sowerby steps down 2016-08-18T23:56:53Z blue-sky-announces-new-md-as-founder-mark-sowerby-steps-down Blue Sky announces new MD as founder Mark Sowerby steps down Ten years after starting Blue Sky Alternative Investments, founder Mark Sowerby will hand over the reins to the company’s current chief operating officer, Robert Shand, on 30 September 2016. Mr Shand has been with Blue Sky since 2010, was promoted to COO in 2013, and is well known to Blue Sky’s investor and associate network. He will replace Mr Sowerby as managing director, backed by the existing team. Mr Sowerby, who will remain an active advisor to the business and a significant shareholder, is stepping down to spend time with his family and increase his involvement in other projects with a positive social impact. Mr Sowerby founded Blue Sky a decade ago as a private equity business providing expansion capital to growing small businesses. The company has grown to become Australia's only listed fund manager solely focussed on diversified alternative assets, including private equity and venture capital, real assets (primarily water and agriculture), private real estate and hedge funds. Blue Sky listed on the ASX in 2012 and has grown its market capitalisation to nearly $600 million. Today Blue Sky has more than $2 billion in assets under management and has generated an internal rate of return (IRR) across its funds of 16.7 per cent per annum net of fees to the end of June 2016. Blue Sky chair John Kain said Mr Sowerby had achieved a remarkable feat building Blue Sky from the ground up. “Mark’s entrepreneurial vision and drive have shaped the business. To his great credit, Mark has built an extraordinary team with multiple layers of talent and experience, a team which can renew itself and continue to repay our investors’ trust through the decades ahead,” Mr Kain said. “Rob’s three years as COO give him an unparalleled understanding of what makes our business tick. His leadership, vision and clarity of decision-making qualify him to drive Blue Sky and build on the foundations of our first 10 years.” Mr Sowerby said Blue Sky had experienced incredible growth since inception. “We have created a business which is more than just sustainable – it is fast growing, scalable and defensive – a unique combination reflected in our 10 year track record and position as one of Australia's best performing listed companies over the past four and a half years,” Mr Sowerby said. “My decision reflects the ongoing growth and performance we see in the business and team, the foundations of a strong balance sheet and investments, and the incredible structural tailwinds in the sector. The last few years we have grown at 50 per cent per annum, and we see no reason for that to slow down. “The Blue Sky team has now unquestionably earned the right to take over the business. They are hard working, intelligent, empathetic and ethical. They understand why we are different, and the rules that made us who we are. They have lived it, experienced it, and now they own it.” ENDS Note to editor Blue Sky Alternative Investments Limited (Blue Sky) (ASX:BLA) is a leading diversified alternative investment asset manager. Blue Sky was listed on the Australian Securities Exchange in January 2012 and is the only listed fund manager in Australia focused on a diversified portfolio of alternative assets. Established in 2006, Blue Sky has generated strong returns uncorrelated with Australian listed equity markets. Blue Sky has offices in Brisbane, Sydney, Melbourne, Adelaide and New York, a team of more than 80 and a broad investor base including institutional, wholesale and retail clients. Alternative assets include direct investment in private equity, real estate, infrastructure, hedge funds and other real assets. For real-time company announcements, investment opportunities and investment performance, download the Blue Sky Fingerprint app from the App Store or Google Play. www.blueskyfunds.com.au For more information please contact: Miette Lelievre | 0431 854 878 | mlelievre@agencynorth.com.au Blue Sky reports 57 per cent profit growth and $2.1 billion in Assets Under Management 2016-08-18T23:56:31Z blue-sky-reports-57-per-cent-profit-growth-and-2-1-billion-in-assets-under-management Blue Sky Alternative Investments Limited (ASX: BLA) today announced its results for the year ending 30 June 2016, reporting an underlying Net Profit After Tax (NPAT) of $16.3 million (up 57 per cent from $10.4 million in FY15) and a 44 per cent increase in revenue to $63.0 million (up from $43.6 million). The company will pay a fully franked dividend of 16 cents per share to shareholders (record date: 2 September 2016; payment date: 16 September 2016). Fee earning Assets Under Management (AUM) at 30 June 2016 grew to $2.1 billion, up from $1.35 billion at 30 June 2015. As expected, a number of investments in private equity and private real estate were successfully exited throughout the year. Since inception in July 2006, Blue Sky has generated an internal rate of return (IRR) across its funds of 16.7 per cent per annum net of fees to the end of June 2016. Managing director Mark Sowerby said the combination of a ten-year investment track record across the four major alternative asset classes, increased investor engagement across retail, wholesale and institutional clients, and continued strong deal flow would lead to further growth in fee earning AUM in FY17 and beyond. “Reaching $2 billion in AUM this year was an important milestone for us as a business.The fact that most of this is invested in illiquid funds differentiates us from other local fund managers and provides an incredibly solid foundation for our future growth,” Mr Sowerby said. “The Australian funds management industry has $2.6 trillion in funds under management today and this is anticipated to grow to $4.1 trillion over the next five years. By 2021, alternative assets are expected to be the largest investment class in Australia.” Blue Sky is Australia’s only listed fund manager focused on a range of diversified alternative investments, including private equity and venture capital, real assets (primarily water and agriculture), private real estate and hedge funds. ENDS Note to editor Blue Sky Alternative Investments Limited (Blue Sky) (ASX:BLA) was listed on the Australian Securities Exchange in January 2012 and is the only listed fund manager in Australia focused on a diversified portfolio of alternative assets. Alternative assets include direct investment in private equity, private real estate, hedge funds, infrastructure and other real assets. Blue Sky has offices in Brisbane, Sydney, Melbourne, Adelaide and New York, a team of more than 80 and a broad investor base including institutional, wholesale and retail clients. For real-time company announcements, investment opportunities and investment performance, download the Blue Sky Fingerprint app from the App Store or Google Play. For more information please contact Miette Lelievre | 0431 854 878 | mlelievre@agencynorth.com.au Seagate Technology Reports Fiscal Fourth Quarter and Fiscal Year 2016 Financial Results 2016-08-02T23:59:28Z seagate-technology-reports-fiscal-fourth-quarter-and-fiscal-year-2016-financial-results SYDNEY, AUSTRALIA – August 3, 2016 – Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for the quarter and fiscal year ended July 1, 2016. For the fourth quarter, the Company reported revenue of $2.7 billion, gross margin of 24.9%, net income of $70 million and diluted earnings per share of $0.23. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 25.8%, net income of $207 million and diluted earnings per share of $0.69.    During the fourth quarter, the Company generated $269 million in operating cash flow and paid cash dividends of $188 million.    For the fiscal year ended July 1, 2016, the Company reported revenue of $11.2 billion, gross margin of 23.4%, net income of $248 million and diluted earnings per share of $0.82. On a non-GAAP basis, Seagate reported gross margin of 24.6%, net income of $684 million and diluted earnings per share of $2.26.    In fiscal year 2016, the Company generated approximately $1.7 billion in operating cash flow and paid cash dividends of $727 million. Cash, cash equivalents, restricted cash, and short-term investments totaled approximately $1.1 billion at the end of the fiscal year. There were 299 million ordinary shares issued and outstanding as of the end of the fiscal year. “I am proud of our resilient operational performance and financial discipline through the dynamic technology shifts taking place in our industry,” said Steve Luczo, Seagate’s chairman and chief executive officer. “I am confident of the Company’s long-term sustainability and prosperity in a world of significant data creation and high-capacity storage demand driven by emerging technologies, and cloud infrastructure deployments. We believe we have the leading storage technology product portfolio, technology roadmap and operational leverage to ensure we are well-positioned for long-term success and shareholder value.” For a detailed reconciliation of GAAP to non-GAAP results, see accompanying financial tables. Seagate has issued a Supplemental Financial Information document, which is available on Seagate’s Investors website at www.seagate.com/investors.  Quarterly Cash Dividend  The Board of Directors of the Company (the “Board”) has approved a quarterly cash dividend of $0.63 per share, which will be payable on October 5, 2016 to shareholders of record as of the close of business on September 21, 2016. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board.  Investor Communications Seagate management will hold a public webcast today at 6:00 a.m. Pacific Time that can be accessed on its Investor Relations website at www.seagate.com/investors. During today’s webcast, the Company will provide an outlook for its first fiscal quarter of 2017, including key underlying assumptions.   An archived audio webcast of this event will be available shortly following the event conclusion.  About Seagate   To learn more about the Company’s products and services, visit www.seagate.com and follow us on Twitter,Facebook, LinkedIn, Spiceworks, YouTube and subscribe to our blog. The contents of our website and social media channels are not a part of this release.  Cautionary Note Regarding Forward-Looking Statements   This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended, including, in particular, statements about the Company’s plans, strategies and prospects and estimates of industry growth for the fiscal quarter ending September 30, 2016 and the fiscal year ending June 30, 2017 and beyond. These statements identify prospective information and may include words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects” and similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and are based on management’s current views and assumptions. These forward-looking statements are conditioned upon and also involve a number of known and unknown risks, uncertainties, and other factors that could cause actual results, performance or events to differ materially from those anticipated by these forward-looking statements. Such risks, uncertainties, and other factors may be beyond the Company’s control and may pose a risk to the Company’s operating and financial condition. Such risks and uncertainties include, but are not limited to: the uncertainty in global economic conditions; the impact of the variable demand and adverse pricing environment for disk drives, particularly in view of current business and economic conditions; the Company’s ability to successfully qualify, manufacture and sell its disk drive products in increasing volumes on a cost-effective basis and with acceptable quality, particularly the new disk drive products with lower cost structures; the impact of competitive product announcements; the Company’s ability to achieve projected cost savings in connection with restructuring plans; possible excess industry supply with respect to particular disk drive products; disruptions to its supply chain or production capabilities; unexpected advances in competing technologies; the development and introduction of products based on new technologies and expansion into new data storage markets; currency fluctuations that may impact the Company’s margins and international sales; cyber-attacks or other data breaches that disrupt its operations or results in the dissemination of proprietary or confidential information; and fluctuations in interest rates. Information concerning risks, uncertainties and other factors that could cause results to differ materially from the expectations described in this report is contained in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on August 11, 2015, the “Risk Factors” section of which is incorporated into this report by reference, and other documents filed with or furnished to the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made.  The inclusion of Seagate’s website address in this press release is intended to be an inactive textual reference only and not an active hyperlink. The information contained in, or that can be accessed through, Seagate’s website is not part of this press release. For full financial results please visit Seagate's website www.seagate.com  Media Contacts: Einsteinz Communications Carlotta Vittori E: carlotta@einsteinz.com.au T: 02 8905 0995