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Dubber Corporation Ltd

Dubber Corporation spikes as new markets open

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Shares in Dubber Corporation (ASX:DUB) were up 9% to A$0.33 today after the company released its platform of call recording and audio asset management technologies into the UK and European markets.

The move potentially represents hundreds of thousands of customer opportunities by way of monthly subscriptions and a unique on-demand capability.

Expansion into this key market builds on a string of recent marketing milestones including the registration of 3,307 paying Australian users of the company’s technology in late August.

Dubber also entered into a reseller agreement with Gateway ICT that will provide access to the Cisco customer base, a priority in its business and enterprise strategy.

Gateway ICT, a Cisco Platinum Partner, will directly resell Dubber’s call recording system to customers as an additional service on their Telstra bill.

It has a large customer base that can be accessed immediately along with a national sales team and channels, including Telstra (ASX:TLS).

Dubber technology for providing call recording and audio asset management in the cloud can be deployed globally and, likewise, recordings can be made, accessed and managed from anywhere in the world, instantly.

Dubber generated about $24,000 in billed revenue in the month of July, an increase of 141% over six months.

As of 30th June 2015, it had $1.7 million in cash.

The Dubber business was backed into Crucible Gold earlier this year.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong.

Quick facts: Dubber Corporation Ltd

Price: $1.56

Market: ASX
Market Cap: $291.33 m
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