Software developer CommSoft has scored a modest deal with distribution powerhouse Ingram Micro, looking to target SMEs from "every" sector with its newly-released Internet access monitoring software NetMaster.
Tipped by COO Rodney Martin to replace its core communications management system, Cellmaster, as CommSoft's flagship product, Ingram Micro will distribute the one-month old NetMaster in Australia under the $1 million nonexclusive deal.
Martin told ARN Ingram Micro planned to sell NetMaster into New Zealand resellers by early 2001. "We're very keen to have Ingram Micro in New Zealand and even wider than New Zealand. Our first port of call [for expansion] would be Singapore then the US," he said.
Martin forecast the "anti-cyberbludging" tool would generate $6 million to $8 million in profit for CommSoft over the next financial year. "Our outlook is huge." he said.
The deal comes hot on the heels of CommSoft's listing on both the ASX and New Zealand stock exchange last week. However, the IPO was lacklustre. While the share price peaked at $1.20, it finished 5 cents under the $1.10 issue price at the end of trading.
CommSoft also plans to acquire five low-end software companies in Australia and New Zealand, according to Martin.