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International Investing / Australia (All-Ordinaries)


Subject:  Re: Heard on the Terrace Date:  3/24/2000  12:37 AM
Author:  Barcoo Number:  1257 of 6186

Found this on the net as well. Some info in report stated as being unverified, do own research.

KLS announced on the 3/2/00,their heads of agreement for the aquisition of 30%, of First in
Mail Australia Pty Ltd (Finmail),
announcement attatched.
I do not intend to go over to much history, the company announcements attatched will do
that hopefully.
Finmail is unified messaging technology, with the exception being as I have been
told,Finmail is the best unified messaging
technology available.
Finmail is the australian version of the american unified messaging technology TEMS
Tornado Electronic Messaging System,
which in the announcement of KLS aquisition of finmail you should find a web link to the
tems web site by clicking on the
highlighted word tems.
I am told finmail is 5th generation technology, where as some of the competitors are only
1st generation technology as I
understand it.
Finmail, while suitable for the individual client, is more aimed at the corporate client. The
finmail product will be launched to
the market place at a telecommunications expo held in Sydney on 4/4/00.
As I understand several corporate clients have already been shown the technology, these
include NZ Post, Aust Post,
Telstra,Fairfax,Phoneware,as well as some of the competitors are also looking at using
finmails technology.
Niel Biddle was appointed a director of KLS,(see attatched announcement), Niel I am told
was the person who introduced the
com secure deal to WSM, and as I understand is still a director of WSM.
Niel I am told has many contacts and is well known in the corporate world, and has a large
following of investors, the other
director appointment to KLS recently, I know little about, see attatched announcement.
KLS as I understand have options to take their holding in Finmail to the 100% level, these
will be exercised,depending on the
products success in the market place.
I believe discussions have been held with the above mentioned corporate clients,as to the
finmail product, the progress of
these and the acceptance of the product,will in time become known.
Finally I am told the finmail product,through the American parent company Tems intend to
maintain their market leadership
and competitive edge, with futher development and research, which enables the exsisting
product to be value added in the

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