
SYDNEY,
NetComm Limited has announced that it
has received the first orders from Telstra in relation to the Product Supply
Agreement announced on 7 May 2008.
Orders to the value of approximately
AUD10.5 Million have been received for delivery of products in July and August
2008.
These initial orders are to fulfil the
channel pipeline, subsequent orders will be of a size appropriate for the
product acceptance run rate.
NetComm Limited anticipates the
Telstra business will have a significant positive effect on the company’s future
revenues.
For further
information, please contact:
David Stewart
Managing
Director
NetComm
Limited
T: 02 9424 2000
E:
davids@netcomm.com.au