Good announcement there, it looks steady as she goes with...

Good announcement there, it looks steady as she goes with further growth anticipated.

Below is a link to their site around new packaged service they are providing.

http://www.bulletproof.net.au/bulletproof_cloudprofessionalservicesjun15/

This new service is a direct result of the Pantha acquisition in December 2014 as it's headed up by Pantha's founder Bjorn Schliebitz. I'm expecting continued revenue growth to come out of this new offering.

I'm a small business owner based in the UK, we use cloud for pretty much all our software and storage, including AWS because it's so cheap. For us it's a no-brainer, especially as the internet speed is so fast over here.

I think the AUS government high speed broadband roll-out is key for the continued growth of cloud services in OZ. If that keeps going then the Australian cloud market will realise it's potential as thousands of small to medium businesses like us discover it's much easier to use cloud than buy and manage the IT infrastructure in house.

One thing to note on the announcement - The 13mil shares that will be issued will create dilution for existing holders of around 11% based on current share price so that does need consideration, but overall progress is being made.