JCURVE SOLUTIONS LTD — Capital/Financing Update 2009

Oct 13, 2009

Stratatel Limited ABN 63 088 257 729

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Level 4 22 Atchison Street St Leonards NSW 2065

[T] +61 2 9467 9200 [F] +61 2 9467 9201 [W] stratatel.com.au

14 October 2009

Manager of Company Announcements ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

By E‐Lodgement

Entitlement Issue Shortfall Allotment

Stratatel Limited (ASX: STE) advises that the entire shortfall to the Company’s Entitlement Issue is being issued today and holding statements will be dispatched to shareholders.

As announced on 8 October 2009 given the strong support received for the Entitlement Issue, applications for Additional New Securities under the shortfall have been scaled back significantly on a pro‐rata basis. Refund cheques for Additional New Securities applied for in excess of those that have been allotted will be dispatched on or about 16 October 2009.

The Company has successfully raised $1.15 million (before expenses) from its Entitlement Issue and placement of the shortfall. These funds raised will be applied towards the execution of major sales and marketing initiatives to accelerate revenue growth by the Company.

An Appendix 3B in respect to the securities allotted under the shortfall is attached.

Yours faithfully

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Emma McCormack Company Secretary

Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

Stratatel Limited

ABN

63 088 507 517

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of+securities issued or to be issued 2 Number of+securities issued or to be issued (if known) or maximum number which may be issued 3 Principal terms of the+securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)	A. Ordinary fully paid shares (Shares) B. Options to subscribe for Ordinary Fully Paid Shares at an exercise price of 10 cents on or before 30 September 2011(Options)
	A. 2,956,716 Shares; and B. 2,956,716 Options,
	A. Fully Paid Ordinary Shares B. 10 cent listed options exercisable on or before 30 September 2011

• See chapter 19 for defined terms.

24/10/2005 Appendix 3B Page 1

Appendix 3B New issue announcement

4 Do the+securities rank equally in all respects from the date of allotment with an existing+class of quoted +securities? If the additional securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 7 Dates of entering+securities into uncertificated holdings or despatch of certificates 8 Number and +class of all +securities quoted on ASX (_including_the securities in clause 2 if applicable)	A. Yes B. No – upon exercise of the options into fully paid ordinary shares, the allotted and issued shares will rank equally in all respects with an existing class of quoted securities.	A. Yes B. No – upon exercise of the options into fully paid ordinary shares, the allotted and issued shares will rank equally in all respects with an existing class of quoted securities.
	A. 5 cents B. Nil – attachingoptions
	Placement of shortfall to the Company’s pro rata non‐renounceable entitlement issue of shares with attaching option
	14 October 2009
	Number	+Class
	138,695,170 23,115,861	Fully paid ordinary shares Options ($0.10; 30/09/2011)

• See chapter 19 for defined terms.

24/10/2005

Appendix 3B Page 2

Appendix 3B New issue announcement

9 Number and +class of all +securities not quoted on ASX (_including_the securities in clause 2 if applicable) 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)	Number	+Class
	1,200,000 1,000,000 1,000,000 300,000 500,000 500,000	Options ($0.10; 30/11/11) Options ($0.10; 15/01/11) Options ($0.12; 25/05/11) Options ($0.15; 24/06/13) Options ($0.10; 24/06/13) Options ($0.15; 17/10/13)
	Issued shares will rank equally with all other Shares with respect to dividend policy

Part 2 - Bonus issue or pro rata issue

Not applicable

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34 Type of securities ( tick one )

• (a)[Securities described in Part 1 ]

• (b)[All other securities ]

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35 If the[+] securities are[+] equity securities, the names of the 20 largest holders of the additional[+] securities, and the number and percentage of additional[+] securities held by those holders

36 If the[+] securities are[+] equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over 37 A copy of any trust deed for the additional[+] securities

• See chapter 19 for defined terms.

24/10/2005 Appendix 3B Page 3

Appendix 3B New issue announcement

Entities that have ticked box 34(b)

• 38 Number of securities for which +quotation is sought

• 39 Class of +securities for which quotation is sought

• 40 Do the[+] securities rank equally in all respects from the date of allotment with an existing[+] class of quoted +securities? If the additional securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

• • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

• 41 Reason for request for quotation now

Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another security, clearly identify that other security)

Number +Class

• 42 Number and[+] class of all[+] securities quoted on ASX ( including the securities in clause 38)

Quotation agreement

• 1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

• 2 We warrant the following to ASX.

• The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

• See chapter 19 for defined terms.

24/10/2005

Appendix 3B Page 4

Appendix 3B New issue announcement

• There is no reason why those[+] securities should not be granted[+] quotation.

• An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that noone has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.

• If we are a trust, we warrant that no person has the right to return the[+] securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.

• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

• 4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before[+] quotation of the[+] securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

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14 October 2009

Sign here: ............................................................ Date: ......................... ( ~~Director/C~~ ompany secretary) Emma McCormack Print name: .........................................................== == == == ==

• See chapter 19 for defined terms.

24/10/2005 Appendix 3B Page 5