As indicated by a poster who attended the EGM...."with that acquisition bringing additional technical expertise and resources of Jemsoft in house".
And MIC are already self sufficient.......it's just another source of revenue, like Lenze's iPark.
"The project is for an initial 2 year term (commencing August 2016)"
"There is a fee of $500,000 per annum payable to Media Intelligence Co. with an ability for Media Intelligence Co. to potentially access further research funding of between $1 - $2 million per annum, subject to submission and tender."
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- Ann: Update on Media Intelligence Co. Pty Ltd
Ann: Update on Media Intelligence Co. Pty Ltd, page-9
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