• Secured 2 new enterprise licensing contracts with blue chip clients, reinforcing the success of the enterprise focused strategy.
• Announced the opening of a new Canberra office providing the first important step in the geographic based growth strategy. The Canberra market represents the largest single ICT services market in Australia and an ideal platform to showcase the Cirrus managed and professional services offering.
• The Company also announced Lisa Thorburn as General Manager – Federal, to lead the Canberra team. Lisa has more than 20 years experience in the ICT and Business Intelligence market within Government. Lisa joined Cirrus from her most recent role as Director of Datacom Systems ACT having had significant success in growing an agile, customer focused and profitable division.
• The Company delivered its first positive operating cash quarter in Q3 (per the Appendix 4C released on 18 April) on the back of continued revenue growth.
CNW Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
