MBI mobi limited

Good to see some sales coming in now. All the pieces have been...

  1. Cei
    174 Posts.
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    Good to see some sales coming in now. All the pieces have been falling into place, now hopefully some money will start to flow:


    Mobi Limited ABN 98 009 805 298
    114-118 Miller Street, West Melbourne, VIC 3003 PO Box 162, South Melbourne VIC 3205
    t: 1300 761 322 f: (03) 9320 6001
    ASX Release November 14, 2007
    Mobi Limited ACN 009 805 298 (ASX:MBI)
    Major Client Win for OneNetwork and Sholl Communications
    Melbourne, Australia
    • Major “Commercial Embedded Network� sale to new international business centre (WorldLink
    Centre)
    • Combines core strengths of Sholl Communications and OneNetwork
    • Upfront infrastructure installation generating revenue of $175,000
    • Ongoing annual revenue in excess of $600,000 for OneNetwork services anticipated
    The Board of Directors of Mobi Ltd (‘Mobi’ or ‘the Company’) is pleased to announce that the
    Company has completed a major deal that combines the core strengths of its recently acquired
    companies, Sholl Communications and OneNetwork.
    The Company has completed negotiations for the first “Commercial Embedded Network� client for
    OneNetwork. WorldLink Centre is a major international business centre development, based in
    Tullamarine, Victoria. The WorldLink Centre consists of three floors comprising office and
    showroom space with up to 200 people per floor for a potential total of up to 600 seats (services),
    which will provide strong ongoing revenues to OneNetwork. There are three other buildings yet to
    be built as part of the development.
    On the basis of OneNetwork’s normal $100/seat revenue measure, at full occupancy the WorldLink
    Centre project could generate revenue of in excess of $50,000/month or in excess of $600,000 per
    annum.
    This is a significant first step into the concept of the “embedded networks� market, in this case for
    a commercial business park development. The Company will be aiming to parlay this success into
    other property developments representing vertical markets, such as retirement villages, apartment
    complexes and hotels.
    Significantly, Sholl Communication will be providing cabling, hardware and associated
    infrastructure suitable for delivering the OneNetwork Solution, for approximately $175,000.
    OneNetwork will then sign up WorldLink’s tenants for voice and data, thereby securing up to 600
    new customers over time as the building reaches full occupancy.
    Cabling will be completed within the next four weeks. The WorldLink Centre will be completed in
    early 2008 with OneNetwork customers being signed up in the first half of 2008.
    Mobi CEO, Michael Abela commented, “This project provides a superb example of the
    complementary skill-sets of Sholl Communications and OneNetwork, which when effectively
    combined make for a win-win scenario. It is our objective to secure as many of these large projects
    as possible moving forward and to cement the advantages offered by our first-mover status in this
    exciting new area of communications.�
    About WorldLink Centre
    The WorldLink Centre represents a totally new way of international business in the 21st Century. As
    one of Victoria's leading international business centre developments, the WorldLink Centre is
    dedicated to providing a unique environment that's planned to stimulate and promote
    international business (www.worldlinkcentre.com).
    WorldLink Centre is located just five minutes from Melbourne's Tullamarine International Airport.
    Kind regards,
    Justyn Stedwell
    Company Secretary
    On behalf of the Board of Directors
    Mobi Limited
 
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