Data#3 accelerates organic growth and opens new offices in Adelaide and Perth
February 22, 2008Significantly enhances presence outside Queensland, recruiting over 40 people previously with Commander
BRISBANE, Australia — 22 February 2008 — Data#3 Limited [ASX: DTL], a national information and communications technology company today announced that, following Commander Australia Limited’s January announcement that it was exiting non-core businesses
and retrenching approximately 600 staff, Data#3 has substantially completed a recruitment process targeting key areas with the potential to enhance its business particularly outside Queensland.
“In the first half we had recruited around 45 professionals to take our team to over 400”, said Data#3 Managing Director John Grant. “In a market where great people make the difference, the opportunity presented by Commander’s decision was too attractive to let pass and we have been able to recruit over 40 additional quality people across the country into management, sales and key technical roles. They also have had long term relationships with substantial customer organisations and we have an opportunity to accelerate market coverage and
increase market share, an appropriate strategy should the market tighten” he said.
As a result, the company indicated:
- Its Licensing Solutions specialisation had expanded with new teams in Perth and Adelaide and additions to its existing teams in Sydney, Melbourne and Brisbane to be the clear leader in this area nationally.
- Its Infrastructure Solutions specialisation had expanded with a new team in Adelaide and additions to the existing teams in Melbourne, Sydney and Brisbane.
To support its expansion, the company has opened two new offices in Adelaide and Perth building on its current presence in Brisbane, Sydney, Melbourne, Canberra, Townsville, Rockhampton, Gladstone and New Caledonia.
“The new offices will broaden the base for continued organic growth and allow us to better service our local and national customers,” said Mr Grant.
The company reported an exceptional half year result with total revenue of $157.3 million, a 16 per cent increase over the previous year and indicated it was well positioned to improve financial performance for the full year ahead of the record 2007 result and deliver dividends near the top of the sector.
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