Sept 15 (Reuters) - Cellnet Group Ltd (CLT) :
- HAS NOW RECEIVED WRITTEN CONFIRMATION FROM OPTUS CONFIRMING MASTER SUPPLY AGREEMENT IS TO BE TERMINATED
- MASTER SUPPLY AGREEMENT WITH OPTUS IS SCHEDULED TO END ON 8 DECEMBER
- SEES RELEASE OF CASH, IMPROVED WORKING CAPITAL UTILISATION, REDUCTION OF INVENTORY COSTS FROM RELEASE OF A$2.5M IN CONSIGNMENT INVENTORY