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DATADOT TECHNOLOGY LIMITED — Capital/Financing Update 2009
Mar 12, 2009
64764_rns_2009-03-12_4c0d419c-b734-4207-ac08-f19ece42be0d.pdf
Capital/Financing Update
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DataDot Technology Limited
ABN: 54 901 908 726
Stock Exchange Announcement
13 March , 2009
SUPPLY AGREEMENT – FEDERPERITI GEST S.r.l
The Directors of DataDot Technology Limited (ASX:DDT) announce that 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 sold in the Italy by Assimico Assicurazioni S.p.A. in partnership with a major Italian automotive finance company.
Supply will commence in April, 2009. Initially 12,500 vehicles per month will be marked and this number is expected to increase progressively over time. 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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