QMASTOR Limited Boardroom Radio Broadcast
July 9, 2008
QMASTOR LIMITED (QML) provides the opportunity to listen to an audio broadcast with Trent Bagnall, Managing Director in a presentation titled "QML - Profit Update - Mr Trent Bagnall, Managing Director".
To listen, simply click on the link below:
http://www.brr.com.au/event/47592
The presentation details are as follows:
• QML - Profit Update - Mr Trent Bagnall, Managing Director
• Presented by Trent Bagnall, Managing Director
• Wed, 9 Jul 2008 10:00AM AEST
Profit Update
July 8, 2008
QMASTOR has continued to perform above expectations and the directors have revised their forecast upwards to 2.0-3.0 cents earnings per share.
Revenue is expected to be close to $5.0 million dollars for the year which equates to approximately an 85% increase on the previous year.
As previously reported customer demand remains strong with a number of significant tenders presently in progress and a healthy sales pipeline of opportunities out into the future. QMASTOR’s current licensing and services order book is in excess of $10 million.
We have recently started our Perth operations as part of expansion into Western Australia and today announce that QMASTOR will open an office in Mackay in Queensland in the coming weeks.
The Mackay operations will be used to support our growing Queensland customer base, particularly new and existing coal mining and port customers.
The month of June saw us presenting our product suite to the Coal, Iron ore, Nickel, Port and Steel industries both in Australia and overseas. We expect to see this strong demand for our products and services continue into the medium term.
We expect to be able to advise the market of new sales in the coming weeks.
Regards
Trent Bagnall
Managing Director
About QMASTOR Limited
QMASTOR Limited (ASX: QML) is a market leader in the provision of specialist management information systems and services to the global mining, port, power generation and other bulk commodity industries. QMASTOR has pioneered innovative solutions to empower clients to improve their operations and maximise profit through the efficient use of resources across the supply chain.
For further information contact:
Trent Bagnall – Managing Director.
Phone: +61 (2) 4908 2222
Email: tbagnall@qmastor.com
Web: www.qmastor.com