ITE i.t.& e limited

ite signs hoa with queensland treasury corporation

  1. 20,451 Posts.
    lightbulb Created with Sketch. 269
    WOW do you think any one new before the news came out, sp jumps from .13 to .17 over the past week then ann comes, bloody insiders could of told us as well lol.


    15 December 2006 ASX announcement
    IT&e signs HoA with Queensland Treasury Corporation to develop PTX
    The Board of IT&e Limited (ASX: ITE, AIM:ITEL), a leading technology solutions
    provider to the global financial markets is pleased to announce, following a
    tender process, the signing of a Heads of Agreement (“HoA”) with Queensland
    Treasury Corporation (“QTC”).
    Under the HoA, IT&e will scope and design a solution based on PTX to meet
    QTC’s on-lending and investment administration requirements. Subject to
    successful completion of the system design phase, a formal contract will be
    entered into in the New Year.
    The decision to select PTX was made by QTC after a comprehensive evaluation
    of vendors with an emphasis on those best represented in Australia in terms of
    custom and support. PTX’s open and flexible architecture provided the scope for
    QTC to enhance the system to meet their specific business requirements.
    James Maranis, CEO of IT&e commented: “We are pleased to have the
    opportunity to implement PTX into this new segment market. The strategic
    importance of this deal will enable IT&e in collaboration with QTC to further
    enhance the PTX product line and provide solutions to other vertical markets.
    This not only endorses strongly the new architectures behind our products but
    makes available a wider target market than originally identified.”
    Enquiries/Additional Information:
    IT&e
    Oliver Carton - Company Secretary +61 412 149 118
    James Maranis - CEO +61 2 9236 9427
    Grant Thornton
    Fiona Owen: +44 20 7383 5100
    About IT&e Limited
    IT&e is a publicly listed Australian technology company that specialises in
    providing solutions to the global Financial Services markets.
 
watchlist Created with Sketch. Add ITE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.