Story image

GeoOp to list on NZAX by October 31

23 Oct 13

GeoOp Limited has announced its intention to list on the NZ Alternative Market (NZAX) market on Thursday the 31st of October 2013, subject to final NZX approvals.

The shares will be listed at $1.00 per share, with the NZ-based mobile workforce management company pleased with the high interest in its private share offering, which was oversubscribed by more than three times, raised $10 million of new equity and now has 280 shareholders.

GeoOp believes the listing on the NZAX will now enable it to charge further ahead with its global expansion strategies, particularly in Australia and the US, with the firm part of a market and technology shift for trades and services businesses– from sole traders up to SMEs with 200 field staff.

As a catalyst for change for these businesses, GeoOp is primed to meet the global opportunity as these businesses rapidly take up smart and mobile devices to replace pen and paper, whilst the costs of mobile data reduce.

GeoOp is already a global product with users in 13 countries and 85% of its paying users located offshore.

Kiwis make waves in IoT World Cup
A New Zealand company, KotahiNet, has been named as a finalist in the IoT World Cup for its River Pollution Monitoring solution.
Can it be trusted? Huawei’s founder speaks out
Ren Zhengfei spoke candidly in a recent media roundtable about security, 5G, his daughter’s detainment, the USA, and the West’s perception of Huawei.
Oracle Java Card update boosts security for IoT devices
"Java Card 3.1 is very significant to the Internet of Things, bringing interoperability, security and flexibility to a fast-growing market currently lacking high-security and flexible edge security solutions."
How SMBs can use data to drive business outcomes
With the right technology, companies can capture consumer, sales, and expense data, and use it to evaluate and construct future plans.
Survey shows that IoT is RoI across Asia Pacific
A recent Frost & Sullivan survey across Australia, Hong Kong and Singapore shows that IoT deployment improves business metrics by around 12%.
Sophos hires ex-McAfee SVP Gavin Struther
After 16 years as the APAC senior vice president and president for McAfee, Struthers is now heading the APJ arm of Sophos.
Security platform provider Deep Instinct expands local presence
The company has made two A/NZ specific leadership hires and formed several partnerships with organisations in the region.
Half of companies unable to detect IoT device breaches
A Gemalto study also shows that the of blockchain technology to help secure IoT data, services and devices has doubled in a year.