uxc forms alliance with nylex for water industry

  1. 6,931 Posts.
    UXC Limited
    ABN 65 067 682 928
    MARKET ANNOUNCEMENT
    UXC Forms Alliance with Nylex for Water Industry
    UXC Limited today announced through its subsidiary Fieldforce Services Pty Ltd, the formation of a
    strategic alliance with Nylex Limited.
    Fieldforce is a leading Australian supplier of utility services; energy and water conservation; water,
    electrical and gas metering; and data management solutions to major utilities across Australia with a
    vast network of licensed installers. Nylex is a major supplier of water conservation products.
    The strategic alliance, to be known as Nylex Fieldforce, will provide a total water conservation
    solution package for domestic households, schools and other commercial institutions.
    UXC Chairman, Geoff Lord, said “it is tremendous to be associated with such a famous brand as
    Nylex and we see this as an opportunity to expand our business further.”
    Managing Director of Nylex, Glen Casey, said “this installation alliance further enhances our service
    offering and enables us to build on the momentum already established in the water business.”
    For more information please contact:
    Mr Geoff Lord
    Executive Chairman
    UXC Limited
    (613) 9941 3100
    Mr Mark Hubbard
    Company Secretary
    UXC Limited
    (613) 9224 5757
    Toll free shareholder information line:
    1800 092 092
    www.uxc.com.au

    ABOUT UXC LIMITED
    UXC Limited is an S&P / ASX 300 listed Australian business solutions company that has grown its
    market capitalisation from some $7 million in 1998 to some $120 million today. UXC Limited offers
    an extremely attractive dividend yield, fully franked, and expects to at least maintain the current
    dividend rate. An annual revenue running rate of $230 million is targeted for the current financial
    year, and the group employs more than 1,300 employees. The company has substantial resources
    with which to fund further acquisitive growth.
    UXC provides its services through three divisions:
    Business Solutions Group, which is involved in consulting, implementation and integration,
    application, and infrastructure services, including knowledge management; project and change
    management; CRM, ERP, financial and business information applications; technology architecture;
    IT security; and data storage and management;
    Utility Services Group, which is engaged in asset and data management for utilities, including
    electricity distribution asset inspection, management and maintenance services; the provision of
    utility meter installation and reading services; related data management and GIS services; mobile
    telephony and industrial design;
    Intellectual Property Ventures Group, which is concerned with identifying, developing and
    commercialising intellectual property to realise associated capital gains.
 
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