Iquity Systems receives stocks for 2.3 million USD in Australia
IQUITY SYSTEMS RECEIVES STOCKS FOR 2.3 MILLION USD IN AUSTRALIA STOCKHOLM, SWEDEN Iquity Systems licensee in Australia Optecom Limited has announced its intention to list on the Australian Stock Exchange. The market capitalization is based on licenced products from Iquity Systems and will be approximately 44. 3 million USD, whereof Iquity Systems holds a 5.5 % stake. Optecom services will first be available on the fixed network, utilizing Iquity's IQ-platform. Thereafter Iquity's services will be present in infrastructures such as mobile telephony, WAP, the Internet and Interactive TV.