i do own int, and i do think its still fundamentaly undervalued...

i do own int, and i do think its still fundamentaly undervalued on this 1 anouncement alone , with out all the other recent good anouncements , yes it has come from 6c and yes i would expect it to go higher still

im not and advisor so please do your own research regads gaga

INTERMOCO LIMITED 2002-12-06 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
The Board of Directors of Intermoco Limited ("Intermoco") is
delighted to announce that it has recently executed a major contract
with a substantial overseas Company for the supply of an extensive
range of hospital monitoring, control and information systems for
installation in a number of hospitals. The minimum value of the
contract over its anticipated eight-year life is in excess of A$130
million. In addition, ongoing maintenance fees, rising to A$20
million annually, will be received by the Company.

Due to the sensitive nature of ongoing negotiations with other
projects, the contract partner has requested confidentiality at this
time.

The award of this major contract is a significant recognition and
reward extensive innovative research and development Intermoco has
applied to health industry systems over the past eighteen months.

Under the contract, Intermoco will supply and maintain information
systems for a comprehensive range of hospital services including
scheduling, operating theatre management, emergency department
management, ambulance dispatch, nurse-call systems, and patient
admission and discharge. The solution, which includes both hardware
and software, will be installed over eight years.

In addition to the supply of its own proprietary technologies,
devices and services, Intermocc, has sourced certain software
components of the health systems to be installed from HAS Solutions
Pty Ltd ("HAS"). Based in Sydney, HAS is a leading supplier of
information systems to health institutions. The supply of software
licenses from HAS will be in accordance with the Memorandum of
Understanding executed between Intermoco and HAS, as announced to the
market last week.

Any questions relating to this announcement should be directed to
Martin Yii, Managing Director or Mr Thomas Howitt, Company Secretary,
on Melbourne (03) 8080 8788.


G W Shearer
CHAIRMAN

INTERMOCO LIMITED 2002-12-12 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
The Board of Directors of Intermoco Limited ("Intermoco") is pleased
to announce that the pilot installation of the Company's Utiligy
Automated meter Reading ("AMR") solution for Malaysia's national
electricity provider, Tenaga Nasional Berhad ("Tenaga") has been
successfully completed.

The installation was handed over to Tenaga in Kuala Lumpur yesterday
by Intermoco's managing Director, Mr Martin Yii. This installation
provides Tenaga with full access to real time data generated
from approximately 400 electricity meters via its own secure website.

The Tenaga installation comprises both single and three-phase meters
for domestic residences, commercial businesses, shop premises and
industrial factories, located in the areas of Sea Park and Dormitory
in Petaling Jaya, and Puchong Industrial Park in Subang, both
suburban regions of Kuala Lumpur.

The Company is particularly excited by the opportunities made
possible as a result of this installation. Tenaga is a significant
Malaysian company supplying electricity to in excess of 5.3 million
meters across pennisula Malaysia, representing more than 80 percent
of the country's total number of electricity meters. In a press
release made in August this year, the then Chairman of Tenaga, Datuk
Dr Jamaluddin Jarjis, is reported as saying that the company planned
to implement an AMR system in a number of stages, commencing with
its 40,000 largest customers and progressively rolling it out across
its entire 5.3 million customer base over a five year time-period.

Over the coming weeks Tenaga, in conjunction with Intermoco, will
fully evaluate the success of the pilot and the many features of the
Utiligy solution. Given a successful outcome, the Company expects to
commence negotiations for its participation in a full scale, staged
roll out of its AMR technology across the Tenaga network in early
2003.

The Intermoco technology deployed in the Tenaga project is the same
as that installed in Australia for key utilities CitiPower and
Integral Energy. The Tenaga project uses the GPRS communications
network provided by Maxis Communications, one of Malaysia's largest
wireless telecommunications providers.

Key features of the Tenaga installation include:

* Provision of real-time kilowatt hour consumption and demand
information;

* Real-time Quality of Service reporting, including individual phase
voltages, current , power factor and outage reporting; and

* Theft detection capabilities that will assist in addressing the
significant problem of electricity pilferage, which costs Tenaga an
estimated 400 million ringgit (A$200 million) annually.

In addition to these features, two new products are being
incorporated into the solution. The first of these new products
detects power failure at the feeder pillar level and instantly
reports this back to an operations centre. This feature
significantly improves response times, thereby reducing the duration
of power outages or blackout periods.

The second device provides a Demand Side management ("DSM")
capability, which enables the connection and disconnection of
services to be undertaken from a remote location. This feature can
be used for load shifting within the network, thereby controlling
demand and reducing the risk of blackouts during critical periods.

The information generated by these features is monitored and
controlled from a secure, customised Internet website accessed from
the client's IT system, without the additional cost of specific
software or hardware systems.

The Board of Directors believes that the Tenaga installation will
provide further valuable evidence of the capabilities of Intermoco's
Utiligy solution and will become another significant reference site
for prospective clients in the region. Intermoco is well advanced in
discussions with a number of utilities in the South East Asian
region, many of which are particularly interested in the solutions
which have been offered by the Company as part of the Tenaga
installation.

Any questions relating to this announcement should be directed to Mr
Martin Yii, Managing Director, or Mr Thomas Howitt, Company
Secretary, on Melbourne (03) 8080 8788.



G W Shearer
CHAIRMAN