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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 future. |
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