News: Deals: Reports

TransActive Systems & IRESS Market Technology Ltd	Update Date: 05/14/08
Date Announced: 05/13/08
Value (million $USD): 1.8 million U.S. Dollar 1.9 million Australian Dollar

Status: Completed

TRANSACTION DETAILS
Date Announced	05/13/08
Date Originally Announced	05/13/08
Format	Acq. of Assets	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	1.8 million U.S. Dollar 1.9 million Australian Dollar	Advisor Fees	n/a

SYNOPSIS
AUSTRALIA - IRESS Market Technology Ltd acquired TransActive Systems, an information technology services provider, for 1.9 mil Australian dollars ($1.785 mil US).

TARGET
Name	TransActive Systems
Industries	Prepackaged Software; Computer related services,nec; Data processing services
City	Goasford Nsw
State	n/a
Nation	Australia
Incorporated in	n/a
Public Status	Private
Business Description	TransActive Systems provides information technology services. The company is headquartered in Australia.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	IRESS Market Technology Ltd (Australia : IRE)
Industries	Prepackaged Software; Investment advice
City	Melbourne, Victoria
State	n/a
Nation	Australia
Incorporated in	n/a
Public Status	Public
Business Description	IRESS Market Technology Ltd, located in Victoria, is a financial information retrieval services provider. Its activities are carried out through information services and financial planning. The information services segment activities consist of providing information, trading, compliance, order management, portfolio systems and related tools to domestic equity participants. The financial planning segment activities include providing financial planning systems and related tools to wealth management professionals. It was founded in 1993.
Advisors	NULL
Acquiror Sales	117.4 million U.S. Dollar 134.5 million Australian Dollar

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