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YOJEE LIMITED — Capital/Financing Update 2017
Apr 3, 2017
66110_rns_2017-04-03_02354681-e061-475e-96a9-f461b3674627.pdf
Capital/Financing Update
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4 April 2017
AIRLINE GROUP SIGN 3 YEAR CONTRACT FOR YOJEE PROPRIETARY SOFTWARE
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3 Year Contract with major logistics player is a significant validation of the quality and revenue generating capabilities of Yojee’s Platform and Software.
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Group consists of SE Asia’s largest airline fleet and delivery vehicles.
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License Agreement to provide substantial technology, efficiency and customer experience benefits to Lion Parcel and its customers throughout the delivery process with Yojee’s platform and network.
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Lion Parcel Services Indonesia’s leading E-Commerce companies.
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Yojee Limited (Yojee or the Company) (ASX: YOJ )is a pioneering platform technology company delivering powerful logistics and supply-chain management capabilities via its Artificial Intelligence (Ai) and blockchain backed software to South East Asia and Australia. The company is pleased to announce it has signed a three
Suite 9, 330 Churchill Avenue, Subiaco WA 6008 Ι PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 Ι F + 61 8 6489 1601 Ι ABN 52 143 416 531
year contract with Indonesian logistics company Lion Parcel to License Yojee’s proprietary logistics software and gain benefits from the Yojee Platform. Lion Parcel was established on February 14, 2013 and engages in the courier services serving domestic and international area, supported by the Lion Group network infrastructure of over 240 aircraft, the largest in South East Asia.
As part of the Lion Group, Lion Parcel' mission is to develop logistics in Indonesia with a philosophy to help accelerate economic growth in all domestic areas through the concept of "Just In Time Air Distribution".
Lion Parcels operating network is powered by the high flight frequency air logistics of the Lion Group to almost all airports in Indonesia. Lion Parcel provides goods and document delivery services with many outlets across the archipelago. The focus of the partnership is to establish a modernised logistics solution that can provide the Indonesian E-Commerce market customers with some of the most progressive and intelligent customer service (digital tracking, customer notifications, and multiple payment options) and delivery options for all products.
“Lion Parcel is quickly becoming a leader in Indonesian Logistics, so it’s great to see our software stand up to the rigors of testing and be selected to power Lion Parcel into the future. Our software as a service solution is excellent for businesses of all size and we expect to see many more of these come through in coming months. This partnership is not only significant for Indonesia, the fastest growing market in the region, but it opens up new markets and opportunities for all regional participants. The model is just so scalable and dynamic in its ability to support and enhance industry, across such a huge range of different participants.” said Yojee Managing Director Ed Clarke.
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Lion Air Point of Sale Coverage:
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Suite 9, 330 Churchill Avenue, Subiaco WA 6008 Ι PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 Ι F + 61 8 6489 1601 Ι ABN 52 143 416 531
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For further information, please contact: Ed Clarke Managing Director M: +61 8 6489 1600 E: [email protected]
About Yojee Limited Yojee Limited (ASX: YOJ) , a new, future ready platform technology company developing powerful logistics and supply chain management capabilities via its world-class blockchain secured software and expansive partner network across South East Asia and Australia. www.sendyojee.com
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Suite 9, 330 Churchill Avenue, Subiaco WA 6008 Ι PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 Ι F + 61 8 6489 1601 Ι ABN 52 143 416 531