UCL - News vom 31.07. - 500 Beiträge pro Seite

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UNION CAPITAL LIMITED 2000-07-31 ASX-SIGNAL-G

HOMEX - Brisbane

+++++++++++++++++++++++++
The Union Capital Group ("Union") has completed due diligence on
Brisbane based e-mail software house "JAB Creative.com Pty Ltd"
("JAB") and is pleased to announce that Union Technologies Limited (a
wholly owned subsidiary) has entered into Agreements to acquire a
53.125% equity interest for a cash injection of $3 million into JAB
over a likely six month period, plus the issue of 4 million shares in
Union to be issued to JAB`s existing major shareholder.

The mechanism to acquire the 53.125% equity in JAB is:

i) Union will make staged payments of A$3million for a subscription
of new shares in JAB representing 37.5% of JAB, and;

ii) Union has entered into a Put and Call Option agreement to acquire
15.625% of the existing shares from the major vendor in exchange for
the issue of 4 million ordinary shares in Union Capital Limited.

Upon completion of (i) and (ii), Union will own 53.125% of JAB. Over
the next five months, A$600,000 will be spent on a development
program for the next generation of JAB product. The cash injection
will be subject to monthly review in accordance with JAB`s
achievement of certain business goals approved in advance by Union.

JAB is a very exciting technology that allows businesses to market to
clients (both B2B and B2C) by using graphically sophisticated, highly
interactive e-commerce enabled communications via e-mail attachments.
The e-mails can incorporate high impact video-like imagery whilst
offering considerable cost savings in delivery by comparison to
traditional marketing methods. JAB attachments are thereby a very
effective tool in marketing campaigns, with the added ability of
tracking the user response to a campaign and assisting the sender in
better targeting future advertising.

By targeting Internet users, an extremely fast growing market with
higher than average levels of disposable income, clients using JAB
technology can ensure greater returns from advertising campaigns. In
addition, JAB attachments allow the receivers to instantly respond by
simply clicking to request more information, or order products with
integrated e-commerce capability. JAB has proven their capabilities
in this regard to clients such as Commonwealth Securities, Warner
Vision, Telstra, Ansett Australia, James Hardie Building Systems,
Westpac, Mincom, Barclay Mowlem, Compaq, Universal Studio`s Home
Video Australia and Fairfax Online.

Union considers that JAB`s unique capabilities in e-commerce
advertising will see it develop into a very successful business.

JAB is already a profitable business and the cash injection by Union
will be used to expand the business into the USA, where JAB is
already involved in advanced negotiations with major potential
clients.

R B Murdoch
MANAGING DIRECTOR

[Lupino]

Der Hammer .. ?!?!

Heute in Australien bis auf ca. 19 % PLUS , Schlußkurs wird um die 10 % liegen .. in Deutschland am Freitag ein
Super Angebot gewesen , wer da nicht zugeschlagen hat ist selber schuld .. heute Potenzial bis 0,21 Euro

[MANTIS]

...und nach oben......