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Issue # 15 - As Good As It Gets - What a Success Story |
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Your Advantage: Issue 16: September/October 2006 |
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Welcome To 'Your Advantage' Newsletter # 15
As Good As It Gets - What A Success Story
Amidst our heroics of the Commonwealth Games, the running of the Australian Grand Prix and The Clipsal 500, the footy season has crept up on most of us.
The AFL is awash with TV rights monies and we are now Eddie free. How good is that?
Whilst this has been happening, one of our clients, a small IT software company named Rocksoft has recently been acquired by NASDAQ listed data specialist Advanced Digital Information Corporation (ADIC) for $86.5 million!
This is a company that started with an idea (albeit a very good one), believed in itself and was able to take its ideas and products to some of the icon names of Silicon Valley (ie Microsoft, Sun, Hewlett Packard, EMC etc) and broker an outstanding deal for all its Shareholders.
The deal will bring the US company to Adelaide to set up its Australian Headquarters and develop data-storage software, expanding on Rocksoft's twenty member workforce.
Founded in 2002 by Dr Ross Williams who bought in Jim Johnson as CEO, Rocksoft raised $11M in private equity (some from our clients) to develop "blocklets" technology.
This world-first technology, compresses, de-duplicates and preserves the integrity of stored data. What this means is, redundant data through a company's infrastructure can be eliminated, enabling companies to retain more information with much smaller amounts of physical data storage ie hard disk space.
The deal means staff will be handsomely rewarded. Most will receive a minimum of 100% gain and in some cases up to ten times their original investment.
What this goes to show is, if you have a vision, have the right product, employ talented people, get expert advice, are committed and persistent, then any business can realise their dream - even against the odds ie Australia taking on the US and winning!
Rocksoft is living proof of where there's a will, there's a way.
Congratulations to all involved - A stunning success story and one that should be constantly used as a benchmark for the "Great Australian Dream"!
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This newsletter will provide you with a wide range of business related news and information, useful knowledge, profile some of our team members, introduce some of our clients and keep you informed of upcoming seminars and events.
We value your feedback so don't be backward in coming forward! Feel free to send suggestions, comments or your opinions to
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.
Other new articles and information recently listed:
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Did You Know?
Wine Industry
- Wine makers continue to battle for a share of retail shelf space. With more than 2,000 wineries and 60,000 labels, brand recognition is becoming increasingly difficult, and accessing the consumer (not the customer) is the key issue for many smaller wineries.
- Although almost half of Australia's wine consumption was from a cask, that percentage is slowly decreasing, and it is not seen as a particularly profitable niche for the larger international companies.
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Out of Context/Quotes
- "Go and Financial Review yourself over there."
The new Chief Executive of Nine Network, EDDIE McGUIRE, thrown off balance when quizzed at a Collingwood Football Club press conference about Channel Nine's lagging ratings.
- "Just wait and experience them."
The Prime Minister, JOHN HOWARD, on the new federal industrial relations laws.
- It just shows you the different taste levels of audiences in various cultures.
A Canadian Broadcasting Corporation spokesman, RUTH ELLEN SOLES, explaining the objection to the word "hell" in Tourism Australia's new advertising campaign.
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Coming Seminars/Events
17 May 2006
Lifting The Covers ..... "Is There Any Life In The Australian Sharemarket and Economy?"
Speakers
Martin Rose - 1st Vice President Adviser Services - Citigroup
Peter Osborne - Chief Economist & Strategist - Invesco Australia
Time - 6 pm
Venue - Adelaide Oval - The Ridings Room
Who Should Attend - You & friends & business associates
Cost - Free (includes light refreshments)
More Details - Contact Nikki Everett on (08) 8333 1944
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This Newsletter is a free service provided by Advantage One. If you would like to unsubscribe from this mailing list, please send an e-mail to
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+ 61 8 8333 1944
