Netlinkz Ltd (ASX:NET) has appointed LoftusLane Capital Partners Pty Limited as its new corporate advisor in relation to investor origination, capital raising and business development.
LoftusLane’s strong international network in Asia, India and the Americas will be of particular value to Netlinkz, given its business focus.
As the company embarks upon its next phase of growth and continues to add to revenue generation capacity, LoftusLane’s expertise will help bring extra focus on achieving targeted shareholder returns.
LoftusLane, led by its managing director Pushkar Thakur, has extensive experience in the industrial space and a proven track record in advising major organisations and government.
“Pleased to welcome LoftusLane”
Netlinkz managing director James Tsiolis said: “After an extensive review we are pleased to welcome LoftusLane as our corporate advisor, and we look forward to working with them on the next stage of our development as we drive to create shareholder value.
“The mandate with LoftusLane provides for commercial terms which are standard for this type of engagement.”
International expansion
Since the beginning of this year, Netlinkz has been rolling out partner technologies underpinned by the Netlinkz VSN, including customer-funded proof of concept deployments in Japan, Hong Kong, India and Australia
The company is focusing on growing its licensing fee base, improving margin and strengthening the AOFA balance sheet to win other large initiatives to generate long term recurring revenue.
Flagship product, the Netlinkz VSN, provides a physical and virtual secure ‘Network as a Service’ for enterprises of all sizes and is focused on cloud-first, security, scalability and simplicity, allowing its customers to concentrate on business growth, team collaboration, and global sharing of critical data.