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ConnXion Limited IPO closes fully subscribed

  • 10 January, 2005 09:32

<p>FOR IMMEDIATE RELEASE</p>
<p>ConnXion Limited IPO closes fully subscribed</p>
<p>Electronic document production and delivery provider to list on the ASX</p>
<p>(Sydney, Australia - 10 January 2005) ConnXion Limited (ASX: CXN) announces that the Initial Public Offer of 18,000,000 shares to raise $3,600,000 has closed fully subscribed. The company expects that the official listing on the Australian Stock Exchange will take place during the week ending Friday 14th January 2005, and will trade under the code CXN.</p>
<p>“We are very pleased with the wide interest and support we have received from investors, which will enable the company to accelerate the development of its software and services business domestically and internationally,” said Frank Favretto, Chairman of ConnXion Limited.</p>
<p>About ConnXion Limited</p>
<p>ConnXion Limited is an innovative technology company and the leading provider of electronic document production and delivery solutions. ConnXion Limited delivers your critical business documents (i.e. invoices, statements, reminder letters, remittance advices and reports) to your customers, shareholders, employees and suppliers across multiple delivery channels including email, fax, SMS and post. ConnXion Limited provides a seamless migration from paper to electronic delivery, resulting in reduced document delivery costs, improved cash flow and enhanced productivity. For more information, please visit www.connxion.com.au</p>
<p>- ends -</p>
<p>MEDIA CONTACT:
William Scully-Power
MarketingFX
0400 828 866
wsp@marketingFX.net</p>

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