IWG 0.00% 4.0¢ iwebgate limited

Ann: Significant Strategic Partnership with Blue Tech-IWG.AX, page-31

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  1. 97 Posts.
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    Noticed a recent Financial Review article which cites Lind fund as having trialled iWebGate technology and fund became convinced as to the potential to scale the offering at a global level.

    Some brief extracts below.

    Financial Review heading 11/12 April 2016.
    "John Hancock fund backs Perth virtual networker iWebGate."

    "Previously focused on backing mining juniors, Lind's priority is now businesses that  have a product and plan with the potential to scale beyond Australia, Hancock said".

    "Lind had already invested $150,000 into a $1 million equity round for iWebGate last October, being convinced of its global potential after spending a month trialling its offerings."

    "Foreign capital drove Australia's mineral development in the 1950s and can help create the modern, dynamic  21st century economy Australia needs, Hancock said."

    "The Lind Partners investment is designed to spur growth both through the Telstra channel and in the US.  

    iWebGate has just signed a distribution agreement with Blue Tech, a major IT provider to the US public service whose clients include NASA and the US Air Force. "


    Read more: http://www.copyright link/technolog...worker-iwebgate-20160411-go3jny#ixzz45o9eG6tj
 
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