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TechnologyOne Heads North

  • 21 June, 2007 12:12

<p>BRISBANE, 21 June 2007 – TechnologyOne Limited (ASX:TNE), the leading Australian provider of enterprise business software solutions, will open a new office in Darwin to complement its expansion plans and serve the needs of its existing clients in the Northern Territory.</p>
<p>With an established client base in the Northern Territory, including Darwin Airport, Darwin Ports Corporation and Sky City, TechnologyOne aims to grow its business with the Northern Territory’s education, commercial, local government, utilities, Territory government and healthcare sectors.</p>
<p>Executive Chairman of TechnologyOne, Mr Adrian Di Marco, said “TechnologyOne’s new office in Darwin will allow us to better serve our current customers. It will also enable us to pursue new business in the Northern Territory government sector as it responds to increasing legislative, reporting and service delivery requirements.”</p>
<p>“TechnologyOne has existing client relationships with a large number of Australian federal government departments and agencies, including the House of Representatives, the Federal Senate and the Office of the Prime Minister”, said Mr Di Marco.</p>
<p>“We’re confident that Northern Territory government agencies will embrace our unique offering as a single vendor providing a fully integrated enterprise solution which offers best in class functionality across financial, HR and payroll, property and rating, works and assets and business intelligence applications.”</p>
<p>TechnologyOne provides its software solutions to more than 100 local councils in Australia and New Zealand. Approximately 4.5 million rates notices are produced using TechnologyOne software, representing almost 25% of all Australasian ratepayers.</p>
<p>A TechnologyOne Solution Showcase will be held in August in Darwin where TechnologyOne will be demonstrating its fully integrated enterprise solution for financial, HR and payroll, property and rating, works and assets and business intelligence applications. Details for the showcase will be announced at a later date.</p>
<p>The Darwin office will be located at Paspaley Centrepoint in the Smith Street Mall. It will complete TechnologyOne’s network of offices in every capital city of Australia. The company also has a long-term, established business in New Zealand and offices in the UK and Asia.</p>
<p>About Technology One Limited
Technology One Limited (TechnologyOne) has been providing comprehensive and deeply integrated enterprise business software solutions for over 20 years. The company’s unique value proposition, The Power of One, is that it develops, markets, sells, implements and supports its own world class, fully integrated software solutions including Financials, HR &amp; Payroll, Supply Chain, Business Intelligence, Budgeting, Property, Student Management and Works &amp; Assets. The company’s new generation Connected Intelligence (Ci) solution suite is based on leading edge, state of the art technology and backed up by a substantial research and development program to ensure it continues to provide its clients with a significant competitive advantage and long term security.</p>
<p>Key Facts
•TechnologyOne has been continually profitable since 1992, returning compound annual growth of 30% Net Profit After Tax, and 27% Revenue
•TechnologyOne is a major Australian Publicly Listed Company
•The company has 12 offices, and a presence in seven countries</p>
<p>Contact Details
Adrian Di Marco, Executive Chairman, Phone (07) 3377 7300
Genevieve Smith, Corporate Communications Phone (07) 3377 7562, Mobile 0414 848 846</p>

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