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Salmat to expand into SMS, email in 2011

Salmat to expand into SMS, email in 2011

Direct communication company Salmat (ASX:SLM) intends to launch new services including interactive SMS and email solutions in early 2011.

In a presentation to shareholders at the UBS Emerging Companies conference, CEO Grant Harrod said the company had invested around $1 million in software development and time on the service launch.

He added that the company expects revenue from the SME market to grow more than 50% in FY11 as a result of the new offerings.

“It's a great opportunity to expand our services into untapped market without incurring excessive overheads,” he said.

Salmat shares closed 0.25% higher at $3.980.

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Tags Grant Harrodmobile applicationsASX:SLMSalmat

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