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Technology Stocks : Sausage Software (SAS)

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To: Angelo Ferraro who wrote (4)4/11/1999 1:09:00 AM
From: Angelo Ferraro   of 8
 
what an extraordinary run up over the past week, closing at AU$1.64, topped off with the latest news about a deal with Telstra

Anyone lucky enough to have bought at 10c last July would be very pleased.

biz.yahoo.com

Sausage Software Joins Forces With Telstra

MELBOURNE, Australia--(BUSINESS WIRE)--April 9, 1999--Sausage Software today announced it had signed a contract with Telstra Corporation as part of the company's strategic move to develop e-commerce solutions for major corporations.

This contract represents the company's first corporate alliance since establishing its e-commerce division, and recognises Sausage's unique software assets and capabilities.

The Telstra contract is the latest in a series of significant announcements made by Sausage since company founder Steve Outtrim teamed up with new director Wayne Bos in January of this year.

Commenting on the deal, Mr Outtrim said Sausage had the experience and expertise to handle major projects for corporates such as Telstra.

''Signing this contract with Telstra, one of the world's leading telecommunications companies, confirms the credibility we have developed in the marketplace in terms of our e-commerce experience,'' said Mr Outtrim.

''We now have the people, the infrastructure, and the customers to position Sausage Software among the leading players,'' he said.

It is clear that the Bos/Outtrim partnership is succeeding -- demonstrated by Telstra coming on board as a customer, and the recent acquisition of multi media business, Electric Alchemy.

''Telstra is a world's best practice company, and offers Sausage the opportunity to leverage its range of technologies, and be promoted by Telstra's significant marketing capabilities,'' said Mr Bos.

About Sausage Software

Formed by Steve Outtrim in 1995, Sausage Software exports 97% of its product and is a globally recognised Internet tools developer. HotDog, the company's flagship Web authoring tool has been consistently the most popularly downloaded Web authoring tool in the world over the last three years. Sausage has recently moved into the booming business of e-commerce with the establishment of a new division to develop e-commerce solutions for major corporations and SMEs. sausage.com
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