Thu 30 July 22:07:10 NZST

FIN / Announcements

Disclosure notice

10:36am, 18 May 2011 | GENERAL

Finzsoft advises that the contract, undertaken by Pi Capital Investments Limited (Directors and shareholders are Mr Wills and Mr Holliday), to provide key client support and explore new business opportunities, will now focus on key market development, in association with HCL, in the Australian and Asian markets.

Finzsoft advises that the contract is project based. Finzsoft expect the cost to vary, depending on the tasks undertaken, but be no more than $240,000 per annum.

The independent Directors consider that this contract, which includes sales and marketing, business development services, is in the best interests of Finzsoft.

Don Hattaway
021 901 746