NET 0.00% 0.3¢ netlinkz limited

Ann: CY20 Guidance Update & Joint Strategic Partnership With LNS, page-2

  1. 562 Posts.
    lightbulb Created with Sketch. 81
    Excellent news, we have been waiting for.

    James Tsiolis CEO and Chairman of Netlinkz commented: “We are pleased to announce that the business
    is on track to close out the year with another fantastic quarter of sales, with the total receipts from customers for
    CY20 expected to be circa A$17m. We look forward to providing further information in our next quarterly update.
    Further, we are delighted to announce our new relationship with LNS as a core part of our global expansion,
    and we are very excited by the opportunities we are already working on together. We have definitely hit the
    ground running with LNS, and it is great to work with a partner covering this key region. Our expectation is that
    partnerships such as the existing successful partnership with iSoftStone, and now with LNS, are the kind that
    will accelerate Netlinkz’s growth.”


    LNS International CEO John Tan added: “This is a very strategic partnership for LNS and we have appointed
    a dedicated team to work with Netlinkz across all our markets and industries. This adds a new dimension to our
    existing services, allowing LNS to deliver end to end solutions across multiple sectors. We have already
    identified a number of clients where our joint value proposition is very relevant. We are targeting to generate
    A$15M of sales for Netlinkz in the first year of the partnership, and expect this to increase over subsequent
    years.”

    Surf's well and truly up.
 
watchlist Created with Sketch. Add NET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.