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DATADOT TECHNOLOGY LIMITED — Capital/Financing Update 2009
Mar 15, 2009
64764_rns_2009-03-15_05006369-2954-4fd4-a9c3-1b4c25982bee.pdf
Capital/Financing Update
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DataDot Technology Limited
ABN: 54 901 908 726
Stock Exchange Announcement
16 March , 2009
SUPPLY AGREEMENT – FEDERPERITI GEST S.r.l
The Directors of DataDot Technology Limited (ASX:DDT) issue this corrected version of the announcement previously made on 13 March. The items corrected are of style and spelling, not substance.
DataDot Italia (DDIT), a distributor of DataDotDNA[®] technology, has signed an agreement with Federperiti Gest S.r.l, (a service provider for insurance companies), to supply DataDotDNA[®] microdots as a security measure to mark motor vehicles insured with insurance policies sold on the Italian market by Assimoco Assicurazioni S.p.A. in partnership with a major Italian car loans company.
It is expected that around 12,500 and growing number of vehicles per month will be marked over the next 12 months. This equates to revenues exceeding €2 million (A$3.9 million) over the next 12 months to DataDot Technology (UK) Limited (DDUK). DDUK is a 72% owned subsidiary of DDT. DataDot Italia is exclusively licensed to distribute DataDotDNA[®] technology in Italy .
For further information contact
Mr. Ben Bootle Acting Chief Executive Officer DataDot Technology Limited Phone: +612 89774900 Fax: +612 9975 4700 Web: www.datadotdna.com
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