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CONNECTED MINERALS LIMITED — Capital/Financing Update 2016
Mar 22, 2016
64669_rns_2016-03-22_f8e7d965-0992-4751-873f-6f73aa4765e5.pdf
Capital/Financing Update
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23 March 2016
Company Announcements Office Australian Securities Exchange 10[th] Floor 20 Bond Street SYDNEY NSW 2000
G8 SIGNS INTERNATIONAL DISTRIBUTION AGREEMENT
HIGHLIGHTS
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International distribution agreement signed with D&H Distributing Co. (“D&H”)
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D&H is a 98 year old US based company with revenues in excess of USD$4bn p.a.
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D&H won global distributor of the year in 2010, 2013 and 2015
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D&H focus on emerging markets such as the Machine to Machine sector
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The distribution agreement will help G8 achieve sales and revenue targets sooner
The Board of G8 Communications Limited (“ G8 ”) is pleased to advise the Company has finalised an agreement with US based international distributor D&H to distribute the full range of G8’s wireless communication products to its existing customer base.
D&H is one of the United States leading technology distributors in emerging technologies, IT business and home solutions, electronics, home and outdoor and sports recreation. D&H has annual revenues in excess of USD$4bn and distributes to many of the USA’s top ten companies and major retail chains including Walmart, Home Depot, Target and Toys R Us.
D&H is a 98 year old company with experience that spans from the first color TV, the first home PC and the first gaming system.
G8 is a next generation wireless communications company with products in the Machine to Machine (“M2M”) space focusing on solutions to the broader Internet of Things (“IoT”) sector.
G8 Communications Limited ABN 99 009 076 233 Level 24, 44 St Georges Tce, Perth WA 6000 T +61 8 6211 5099; F +61 8 9218 8875
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About G8 Communications
G8 Communications is US based wireless technology innovator and manufacturer operating in the multi billion dollar IOT space. G8 specialises in M2M connectivity, providing hardware solutions for some of the world’s largest companies including Coca Cola and Verizon. G8C’s software solutions also include a customised cloud management interface and variety of support services. Cisco predicts there will be 50 billion connected devices by 2020.
Further information please contact:
Yakov Temov (USA) - [email protected]
Jason Ferris (Aus) - [email protected]
G8 Communications Limited ABN 99 009 076 233 Level 24, 44 St Georges Tce, Perth WA 6000 T +61 8 6211 5099; F +61 8 9218 8875