Forum Archive Index - May 2001

["Matthew Van Veen" <mattvanveen@hotmail.com>]

Ben and the team

Let me be the 1st to congratulate you. Thoroughly deserved and hoping it 
works out for you. I take it you won't read your messages tonight as the 
champayne should be flowing as I type this. Well done.

Matt

>From: "Ben Dutton" <bendutton@sharechat.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] ShareChat Announcement - ShareChat acquired by Iguana2
>Date: Wed, 16 May 2001 16:33:31 +1200
>
>Dear ShareChat User,
>
>I have some very exciting news to announce to you.  ShareChat has been
>acquired by Iguana2, a company majority owned by The Solution 6 Group.
>
>Many of you will know Iguana2 from using one of the many services they have
>been providing the New Zealand investment world for the past five years.
>Iguana2's clients are some of Australia's and New Zealand's largest
>sharebrokers and companies including Access Brokerage, Telstra, Fletcher
>Building, Telecom, and The Bank of New Zealand.  Iguana2's own projects
>include Stocknessmonster and 4i.
>
>So what does this mean for ShareChat?  Well, things will only get better.
>I'll continue to manage the website along with Phil Boeyen and Will Bryant.
>We'll also be introducing some exciting new market data platforms and an
>Australian version of the website.
>
>You'll still get the same level of quality service and information - in
>fact, ShareChat will be able to launch even more useful features by being
>under the umbrella of Iguana2.
>
>I'm very excited about the future of ShareChat, and would like to thank
>everyone for their support over the past one and 3/4 years.
>
>It's your involvement and loyalty that makes ShareChat "New Zealand's home
>for market investors" and I look forward to your continued support in the
>future.
>
>If anyone has any questions about the acquisition, please don't hesitate to
>contact me at the below Email address or telephone number.  I'd love to 
>hear
>your comments.
>
>The full press release for the acquisition is below.
>
>Best Regards
>
>Ben Dutton
>Managing Director
>ShareChat Limited.
>Email: bendutton@sharechat.co.nz
>Phone: 64 (0) 3 374 5682
>Mobile: 64 (0) 21 639 573
>
>
>Press Release
>
>16/05/2001 For Immediate Release
>
>New Zealand investor website ShareChat sold to Australian company, Iguana2
>
>ShareChat, (http://www.sharechat.co.nz/) one of New Zealand's most popular
>sharemarket information websites, today announced that it has been acquired
>by Iguana2, an Australian company majority owned by the Solution 6 Holdings
>Limited.
>
>Managing Director of ShareChat, Ben Dutton, says he is delighted by the
>sale, which will enable ShareChat to expand its array of both consumer and
>corporate services.
>
>"Even though we have only been operational for less than two years,
>ShareChat has established itself as New Zealand's top destination on the 
>web
>for sharemarket investors," Mr Dutton says.  "This acquisition will result
>in significant operating synergies between ShareChat and Iguana2, enabling
>us to launch better services for our consumer and corporate clients."
>
>Mr Dutton also noted ShareChat's recent move into the area of providing
>Investor Relations services for listed companies.
>
>"It makes sense for ShareChat to work together with Iguana2 in providing
>these services.  Indeed, the two company's have very similar cultures - we
>are both passionate about providing quality information and services for
>investors and companies."
>
>Iguana2 is a major provider of sharemarket data, trading systems and
>Investor Relations products. COO Adam Rands says he sees significant future
>benefits for Iguana2 with the acquisition of ShareChat.
>
>"ShareChat offers us an excellent platform on which we can sell consumer
>products to New Zealand investors," Mr Rands says.  "We are also very
>interested in ShareChat's new Investor Relations products, which complement
>our own offerings."
>
>Mr Rands dismissed suggestions that Internet businesses were unviable.
>
>"ShareChat has built its market position with virtually no advertising -
>prudent management and hard work is why they've been successful," he says.
>
>ShareChat visitors will shortly see some new additions to the ShareChat
>website, including a new sharemarket data platform, and an Australian
>version of the website.
>
>Mr Dutton says he is excited about ShareChat's future prospects under its
>new owner.
>
>"We are looking forward to being able to leverage off Iguana2's 
>considerable
>experience in the field of sharemarket information and Investor Relations.
>The future is bright for one of New Zealand's dot.com's," says Mr Dutton.
>
>For further information please contact:
>
>Ben Dutton
>Managing Director, ShareChat Ltd
>Phone: 64 (0)3 374 5682
>Mobile: 64 (0)21 639 573
>Email: bendutton@sharechat.co.nz
>Web: http://www.sharechat.co.nz/
>
>Adam Rands
>COO, Iguana2
>Phone: 61 2 9211 0255
>Mobile: 61 410 448 262
>Email: adam@iguana2.com
>Web: http://iguana2.com/
>
>
>About ShareChat
>
>ShareChat was launched as a sharemarket portal for New Zealand investors in
>August 1999 by Ben Dutton and Will Bryant and quickly established itself as
>New Zealand's leading sharemarket information website.  Following an
>injection of venture capital in April 2000, ShareChat expanded its 
>services,
>offering news, market data, discount share trading and more. The website
>receives around 50,000 visits a month from active investors and is widely
>recognized as providing comprehensive coverage of the national and overseas
>sharemarkets.
>
>About Iguana2
>
>Solution 6 Iguana Pty Ltd trading as Iguana2 is an innovative and fast
>growing sharemarket information service provider based in Sydney, Australia
>and majority owned by Solution 6 Holdings Limited.  Iguana2 offers services
>to brokers, media companies, fund managers, portals and private investors.
>Iguana2's clients include some of Australia and New Zealand's largest
>sharebrokers and companies, including Access Brokerage, Telstra, Fletcher
>Building, Telecom, Bank of New Zealand and Wilson and Horton. Iguana has a
>strong commitment to Open Source Software and is currently undertaking
>interesting developments with WAP, SMS and Handheld devices.
>
>About Solution 6 Group
>
>The Solution 6 Group is a leading provider of information technology (IT)
>solutions for business, government and professional advisers. The Group
>delivers professional and business software, IT services and a range of
>e-business and knowledge management solutions - all designed to help make 
>IT
>easier for its customers. The Solution 6 Group provides end-to-end 
>solutions
>for five key markets including accounting, legal, global practices, small,
>medium and larger business, and Government.  Established in 1981 and listed
>on the Australian Stock Exchange in 1987, the Solution 6 Group is an
>Australian-owned company with a global presence. Headquartered in Sydney,
>Australia, the Group is one of the market leaders in global practice
>management solutions.  The Solution 6 Group employs over 1600 IT
>professionals worldwide in 36 offices, across 13 countries. The Group
>maintains strategic partnerships with IBM, Lotus, Microsoft, Telstra and
>Vignette.
>
>
>
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