CT Motion

(1999, Partner Introduction and Negotiation)

Situation: CT Motion of Israel provide best of breed mobile location technology and services based on triangulation of GSM base stations. CT Motion recognized the potential market for their products and services in the Australasian market and commenced the search for a suitable regional partner.

Corangamite Role: Corangamite introduced a major listed telecommunications services company, Pracom Ltd. , and supported the subsequent partnership negotiation process to ensure it's success.

Results: Pracom is now joint owner of L4 Mobile, Australasia's leading provider of location-based wireless applications and services. L4 Mobile has the exclusive Australasian rights to CT Motion's reknowned Cellebrity Server. L4 Mobile have recently concluded the first successful demonstration of mobile location technology in Australasia and expect to be offering a commercial service shortly.