trading halt

We can only guess why.

It could be that they are admitting defeat with a serious cash burn problem.

Or maybe a great deal on the horizon.

I hope it's the latter.

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From their website:
Background:
Mobilesoft Pty Ltd is a privately owned Australian based organisation, established in August 1993 with the sole purpose of developing software products for the emerging Remote Access and Data Collection Market. These products were initially targeted at 'wirelessly enabling' existing corporate applications, for remote access.
Staff
Mobilesoft was formed by a group of individuals with backgrounds in the IT industry. Organisations such as IBM, Lotus Corp., Microsoft, 3Com and Novell are represented on the founders' resumes.
Mobilesoft's people are highly skilled and experienced Software Architects and Developers, backed up by specialist Project Managers and seasoned IT Infrastructure professionals.

Clients
Our clients are Australian public companies from all facets of business, including the Entertainment, Public Safety and the Financial industries.


Charter:
It became apparent that the software products Mobilesoft was developing would only be sold if users had a total wide area network solution, which included network coverage, small form factor modems, and software. Hence Mobilesoft has developed an excellent working relationship with Telstra in both their Wireless MobileData and Wired Product Groups.

Strategic Alliances:
Mobilesoft has developed alliances with many organisations including IBM, Motorola and the Research and Development Laboratories of Telstra.

Quality:
Software development is conducted within the guidelines of our own Unified Process. This process is a hybrid of UML and object oriented design principles.



Mobilesoft are currently undergoing Quality Accreditation.
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Maybe the tradinghalt relates to Quality Accreditation