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Call Direct Acquired by NetComm

Announcement posted by NetComm Wireless 13 Nov 2008

Shareholders of NetComm Limited have approved the acquisition of Call Direct Cellular Solutions. The acquisition offers NetComm access to Call Direct’s world-renowned expertise as a developer of industrial 3G wireless technologies.

Given NetComm’s strengths in the marketing and distribution of communications technologies, as well as their access to manufacturing resources, both firms will gain a great deal from the acquisition.

Call Direct has built a significant reputation over the years as a specialist developer of industrial 3G wireless technology. They have had particular success in developing equipment for use in remote or hostile environments and systems designed for unmanned operation. This has included work with clients such as Telstra and the Bureau of Meteorology.

This strong intellectual property will deepen NetComm’s offerings and expand its range to suit a broader range of international markets.  The deal delivers NetComm a profitable industrial arm that will provide a new industrial customer base and generate synergistic savings across the two companies.

The Managing Director of Call Direct, Barry Mitchell, says that he and his team are excited by the opportunities that NetComm can offer them.

“We’re looking forward to being able to continue our focus on developing leading edge technology whilst being backed by NetComm’s strong marketing and distribution infrastructure,” says Mitchell.

“This will allow us to better turn our expertise into commercial realities and take Australian products into the international marketplace,” he says.

Mitchell and his fellow Call Direct founder Michael Cornelius will bring five engineering and four support staff with them to Netcomm, ensuring continuity in the development and support of the company’s 3G products.

About NetComm

NetComm Limited is a leading developer of data communications products and services. The company offers a diverse broadband product portfolio addressing business, consumer and specialised vertical industries and through its NetAssure platform provides managed network services to customers requiring a centrally controlled networking and management security system.

By using an integrated ICT suite, NetComm continues to provide leading data communication products, mobile broadband solutions and networking services to meet the requirement of Carriers, ISPs and System Integrators throughout the world.

The company has a history of sustained growth and innovation, and is listed on the Australian Stock Exchange (ASX: NTC). For more information visit www.netcomm.com.au

 

Media contact:

Mat Hardy

Public Relations Manager

T: +61 2 9424 2035 M: 0414 416 622 E: matthewh@netcomm.com.au