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ComOps Ltd announces sale of ERP Solutions to Markinson Software Solutions Pty Ltd

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17 July 2013

ComOps Limited (ASX:COM), a leading Australian provider of business software products and services, has entered into an agreement with Markinson Software Solutions Pty Ltd (Markinson) to sell its Korellus Enterprise Resource Planning (ERP) business operations and assets.

The proposed sale of the ERP business to Markinson follows a review undertaken by the ComOps Ltd board of directors to assess the most appropriate action to be taken to reduce debt and build value for shareholders in its expanding workforce management markets. The directors have each indicated that as shareholders it is their intention to vote in favour of the sale and the board unanimously recommends that Shareholders vote in favour of the sale.

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