Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Multiemedia hives off MTD to focus on satellites

  • 16 March, 2006 13:33

<p>Multiemedia Limited (ASX: MUL) announced today that it has sold its local technology distribution business, MTD, in line with the Company direction of expanding its presence in the international satellite services industry.</p>
<p>The sale, to a syndicate, frees up Multiemedia to concentrate on its burgeoning satellite services business and follows the recent successful acquisition of mediaports in Adelaide and Perth from New Skies Satellites B.V. of The Netherlands.</p>
<p>“Multiemedia’s divestment of this non-core business allows our rapidly growing company to focus on our NewSat satellite services division and take advantage of emerging opportunities in this sector,” Multiemedia Limited CEO and Founder Mr Adrian Ballintine said.</p>
<p>“In particular, we see enormous potential for ‘triple play’ (video, voice and data) to be increasingly delivered via satellite to the Australian commercial market.”</p>
<p>“We announced to the investor market in January that the company was focusing on strengthening its position as a major player in satellite services and the sale of MTD is a key step along this path by allowing us to concentrate on this strategic and profitable business sector,” Mr Ballintine added.</p>
<p>Copy ends -</p>
<p>Adrian Ballintine
Chief Executive Officer
Multiemedia Limited</p>
<p>About Multiemedia</p>
<p>Multiemedia Limited (ASX:MUL) is an Australian-owned public company delivering global satellite technology and communication services and digital advertising content through its two business divisions – NewSat Networks and AirWORKS Media. Headquartered in Melbourne, Multiemedia has offices and facilities in Sydney, Adelaide, Perth, Newcastle and Dubai; with satellite Mediaports in Perth and Adelaide.</p>
<p>NewSat Networks offers a full range of managed communication services, Telemetry, Tracking and Control (TTC) and carrier monitoring from its Mediaports for commercial and government customers; utilising the latest generation satellite and VSAT technology with two way end-to end communications to Australia / Oceania, Asia, the Middle East and Africa.</p>
<p>AirWORKS Media offers an innovative advertising delivery concept by matching media to the moment of decision, providing tailored media packages and delivering digital advertising content, via satellite to stores and other points of sale.</p>
<p>Media Contacts:</p>
<p>Sally Downs
Multiemedia Marketing &amp; Communications Manager
Rob Jolly, Impact Corporate Communications,
9853 7665</p>

Most Popular


James Cook University - Master of Data Science Online Course

Learn more >




Back To Business Guide

Click for more ›

Most Popular Reviews

Join the newsletter!

Error: Please check your email address.

Latest Articles


PCW Evaluation Team

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?