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Hi as I read this they are suppieing services and logistics as...

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    Hi as I read this they are suppieing services and logistics as well
    +++++++++++++++++++++++++
    Quadtel Limited (ASX:QTL) are upbeat about the forthcoming financial
    year and are confident of maintaining the impressive growth rate
    achieved in the last Financial Year where sales revenue was $18.5
    million an increase of 92% over the previous year including a record
    4th quarter sales result of $5.9 million. This impressive growth rate
    has been facilitated by a number of significant achievements
    including:

    * Winning Exclusive supply status with OzEmail - Australia's leading
    ISP with over 600,000 subscribers - this Supply contract is to
    provide a complete end to end solution for the supply, provision and
    logistics to DSL subscribers of OzEmail's market leading ADSL
    Broadband service. This contract has an estimated worth of $3 million
    in sales and services for the 2002/2003 Financial Year.

    * Signing Preferred Supplier Status with iPrimus - Australia's
    fastest growing ISP with over 400,000 subscribers. The Supplier
    Status is to cover DSL modem requirements for customers of iPrimus.
    This agreement is estimated to deliver over $2 million in sales for
    the 2002/2003 Financial Year.

    * Delivering Australia's first retail Broadband product through
    Harvey Norman and iPrimus, this product is now available in all
    leading retailers and is the most comprehensive retail Broadband
    solution in the market today.

    * Signing a large, multimillion-dollar, 3-year contract with one of
    the country's leading Health Services organisations - this product
    and services contract is worth in excess of $4.5 million.

    * China - Signed Exclusive Supply Contract to supply High Speed
    Internet Services and Equipment to 250,000 businesses in Ningbo City
    and surrounding regions. This project has now commenced and the
    initial equipment submission has been finalised. The delay to this
    project has been due to network design issues, these design issues
    have now been resolved and the initial order is expected soon. The
    expected value of this order will be $400,000 and the project is
    expected to deliver a minimum of $5 million in product orders within
    6 months.

    Throughout the 2002/2003 Financial Year Quadtel will continue to
    refine and focus on "total solutions", not just the distribution of
    products, thereby providing true "value-add" and differentiation
    together with improved profitability. This focus will be on three
    fronts:

    * Telco / ISP markets with our broadband solutions and bundled
    services and logistics capacity.

    * Retail - continue to introduce new innovative products to the
    retail merchants, currently the company is in critical discussions
    with 3 major vendors in regards to distribution for the Australian
    retail market

    * Small - Medium Enterprise - this is the largest business sector in
    Australia but has been poorly addressed to date. Quadtel has begun an
    initiative to provide the first real "Business in a Box" solution by
    integrating Data, Voice and Internet in a single cost-effective
    platform and packaging this with a broadband service - Quadtel expect
    this solution to be launched before the end of 2002 and expect
    significant interest from tier 2 and tier 3 Enterprise resellers.

    "As demonstrated above the company has achieved a great deal in 2002
    to date and will continue to deliver similar results going forward,
    Quadtel's exposure to China represents great opportunities whilst we
    will continue to deliver growth in the domestic market" said David
    Ramsay Chairman of Quadtel Limited. "Going forward we can see revenue
    of over $30 million for 2002/2003 which will deliver growth of more
    than $20 million in only 2 years."

    ABOUT QUADTEL

    For further information visit www.quadtel.com or phone Quadtel's head
    office on +61 2 8852-4600.
 
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