more sales. more revenue. more profits.

it&e (ITE).

Yet Another New Revenue Positive Deal.

Means....

(1) More Sales

(2) And More Revenues.

(3) More Untapped Markets bearing more Fruit..

(4) More future Profits from More Customers. .

(5). More demonstrated requirements; for (ITE) Products.

(6) More revealed Intrinsic Value.

(7) More concrete solid Proof... of the desirability of (ITE) products in the Market....

It is becoming very easy—to clealy now, see the obvious value of this stock .

Predicted in previous posts –that the (ITE) --- New Contract Sales Flow--- would start... sooner....rather, than later.

However today --for (ITE) investor's)-it is simply an extra New Client-- Bonus—ie:

it is not part of the “four”—(4)—imo-- POC’s.... becoming Contracts...

It is.... in addition....to these...

Still reckon that we will the first of the four—from 7-10 days—from last Wednesday –as I expressed before—with odds on.... for more..... later this week....

This Financial Year--for(ITE)-- will be ...by my assessment now--a all time High Record one; and will mean a Revenue Top line topping easilly $30 -$32-- million dollars.

The Sales Foundation; that (ITE)-- has built now; is really becoming quite impressive.

They (ITE) have done the necessary years of ...."hard yards" ....of planting and sowing--...and the fruits ....are now bursting forth....

Another thought.... for those Merger & Acquisition fans...and watchers...

Go to the USA based NumeriX Site—and you can look at this PDF—from last April.....

This is a thought for a (ITE) Merger candidate...(as opposed to a Acquisition-candidate)--)—and, imo-- on many levels—this one makes a lot of logical and incremental evolving sense..... imo. ....

FOR IMMEDIATE RELEASE
.
NumeriX signs new partner agreement with IT&e

To Deliver Institutional Investors Complete Coverage of all the Major Treasury and
Lending Asset Classes


New York / London/ Tokyo, April 11 2006 – NumeriX, the independent leader in
cross-asset derivatives pricing and valuation software, has partnered with IT&e, a
leading provider of technology solutions to the financial services industry. NumeriX
analytics have been integrated into Razor, IT&e’s award-winning risk management
product, to provide additional support for pricing exotic derivatives in an Enterprise Risk
Management environment.

“The partnership follows an increasing demand from institutional banks for more exotic
products,” said Steven R. O’Hanlon, President and Chief Operating Officer. “Adding
NumeriX analytics to Razor will offer institutional investors a more complete solution
when managing market and credit risk.”

The partnership enables IT&e to reduce Razor implementation effort for any exotic
products that were not previously supported. Prior to the partnership, any product gaps
were addressed by the client implementing in-house pricing models via Razor’s C++
API.

As a result existing clients will now be able to broaden their product coverage and take
advantage of the booming credit market. In addition, banks will also have the ability to
create any new complex instruments within days due to the shortened development and
testing time, thus improving their market position.

IT&e CEO, James Maranis, said, --


“With a staff of over 40 Ph.D. researchers with expertise in numerical algorithm research and scientific computing, partnering with NumeriX will provide Razor customers with access to industry leading derivatives analytics via this enhanced product offering. The unparalleled instrument and model coverage of the NumeriX analytics toolkit, and the speed and power of Razor, represent a very compelling combination for our clients.”
- – Ends –

About NumeriX

NumeriX is the recognized independent leader in multi-platform, cross asset derivatives
pricing and risk management software for fixed income, credit, foreign exchange and
equity. More than 200 clients across 25 countries rely on NumeriX for speed and
accuracy in valuating and pricing their vanilla and exotic derivatives. Trading and risk
platform vendors leverage NumeriX analytics to gain a time to market advantage by
embedding the power of NumeriX into their systems. Founded in 1996, the company is
privately held and has offices in New York, Chicago, Santa Fe, Toronto, London, Paris,
Singapore and Tokyo. NumeriX has a financial engineering and quantitative team
composed largely of PhDs on the same scale as the very largest of financial institutions.
For more information visit www.numerix.com.

About IT&e

IT&e is a publicly listed Australian technology company that was established in 1999.
The company’s core business competence is in the delivery of technology solutions to
the financial services industry. IT&e is headquartered in Sydney, and has expanded its
geographical operations to include 4 additional locations (Melbourne, London, New York
and Chennai) delivering specialized technology expertise across the risk management,
financial markets, equities and general banking businesses. IT&e offers a highly skilled
and experienced team of 112 people who supply the delivery capability required by our
blue-chip client base.
Razor is an enterprise-wide risk management software product which meets the credit
and market risk management needs of global banks. Razor’s comprehensive limit
management and risk measurement functionality enables the accurate measurement of
risk in real-time. Razor was recognized by Risk Magazine as the 2004 Risk Management
Software Product of the Year.
For additional information regarding IT&e, visit www.ite-fs.com.

Kindest Regards,
Robbo
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