JCURVE SOLUTIONS LTD — Capital/Financing Update 2009

Aug 18, 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

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

19 August 2009

By E‐Lodgement

STRATATEL TO RAISE ADDITIONAL CAPITAL TO FUND GROWTH

Stratatel Limited (ASX: STE) is pleased to announce it intends to offer shareholders the opportunity to subscribe for additional shares at 5 cents per share pursuant to a pro‐rata non‐renounceable entitlement issue to raise approximately $1.15million before issue costs ( Entitlement Issue ).

The proceeds of the Entitlement Issue will be used to execute major sales and marketing initiatives to accelerate revenue growth by the Company. One of the key focuses of Stratatel’s marketing drive will the growth of the newly acquired Resource Systems business which is a long standing and well regarded IBM business partner. Stratatel plans to launch a national campaign to existing and new Stratatel customers for the provision of IBM software and IT services. This will involve hiring additional sale people dedicated to the sale of IBM software and Stratatel IT services as well as additional marketing and IT consulting staff.

Under the Entitlement Issue, shareholders will be able to subscribe for additional shares at 5 cents per share on the basis of 1 New Shares for every 5 Shares held at the record date of Wednesday 9 September 2009. Shareholders will also receive 1 free attaching Option (10 cents, 30 September 2011) for every 1 New Share issued pursuant to the Entitlement Issue. The Company intends to apply for the Options to be listed on ASX.

The Entitlement Issue has been fully underwritten by Max Capital Pty Ltd. Messrs Mike Fairclough, Graham Baillie and Ian Macliver each a Director of the Company have agreed to sub‐underwrite approximately $125,000 of the Entitlement Issue, subject to shareholder approval. A Notice of Meeting seeking approval for the issue of any shortfall shares to the Directors will be sent to shareholders shortly.

An indicative Entitlement Issue timetable is outlined below.

An indicative Entitlement Issue timetable is outlined below.	An indicative Entitlement Issue timetable is outlined below.
Indicative Timetable
Event	Date
Prospectus lodged with ASIC and ASX	31 August 2009
‘Ex’ Date*	3 September 2009
Record Date for determiningentitlements*	9 September 2009
Dispatch of Prospectus to Shareholders	11 September 2009
ClosingDate**	2 October 2009
Dispatch of HoldingStatements	7 October 2009

These dates are indicative only and may, subject to the requirements of the Listing Rules and the Corporations Act, be changed without notice.

* Shareholders should consult their brokers or professional advisors in regards to the definition of ‘Ex’ Date and Record Date to ensure that their entitlement to participate in the Offer is assured.

** The Directors reserve the right to vary the Closing Date, which may have a consequential effect on other dates. The Directors may extend the Closing Date by giving at least 6 Business Days notice to ASX prior to the Closing Date. As such, the date the New Shares are expected to commence trading on ASX may vary.