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25 June 2004 Christmas is early in election year - Rust Report Several players in Australia’s IT arena are fortunately enough to have been able to cash in on the Federal Government’s largesse during this election year. Last week it was Col Hoschke’s Mainpac (Rust Report, June 18, p4), now followed by wireless technology developers Cohda Wireless and Braintree Communications. Queensland company Braintree Communications
has received more than $A1.7 million to
commercialise its Axon wireless terminal adapters,
which allow telecommunications companies, banks,
merchants, and terminal manufacturers to migrate
existing EFT-POS and ATM equipment to wireless
networks. “The stakeholders in the financial
transactions industry benefit through dramatic tariff
reductions with no line rental charges, faster transaction
speeds, remote network management, service
bundling opportunities, and greater network
reliability,” claimed Peter Hall, chief executive of
Braintree. “The Axon terminal adapters send financial
transaction data across the same networks that most
Australian mobile phones use for voice and SMS
traffic.” www.braintree.com.au |
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Copyright
2003 - All Rights Reserved - Braintree Communications Pty Ltd - www.braintree.com.au |
