EZE is bouncing off historical lows, its digital movie business...

EZE is bouncing off historical lows, its digital movie business and revenue appears to be growing at a very solid rate.

EZE are now the preferred supplier of in-house digital movie services to Flag Choice Hotels which represent a total of 17,800 rooms throughout Australia and New Zealand.

EZE also now has been chosen by Accor Asia Pacific Hotel Group to install the system into 18 Mecure Inn Hotels and is confident of obtaining more hotels in this group.

EZE is also negotiating to supply its service to in excess of 6000 rooms at mining sites across Australia.

As per announcement of 19 November 2002, EZE had installed or signed contracts to install the Ezenet system into 4242 rooms at 42 hotels,motels and mining camps around Australia which will generate gross annual revenue of approx. $460,000. This equates to approx. 30 cents/room/day.(refer announcement 19/11/02).

EZE is a small company rapidly developing and growing its revenues.