News

Intermoco signed New Embedded Network service contract

MELBOURNE 6 January 2012. Utilities management provider, Intermoco Limited (ASX: INT),

today announced it has entered into an Agreement to provide its Intermoco Connect business

services to an large multi tenanted commercial site in Footscray (IC159).

Under the terms of the Agreement, the initial duration will be five years with a further option of five

years for the provision of electricity to the site. The contract is expected to generate up to $1.34M

revenue over the initial five years with upfront revenue for Intermoco of approximately $38,000.

Intermoco CEO Mr Ian Kiddle said “This agreement again demonstrates the strength of the

Intermoco Connect service offering and is a strong indication of the attraction of Intermoco

Connect to Owners Corporations managing brownfield sites. The opportunity came from one of

our Directors, Simon Kemp, who advised that once the Owners Corporation saw the win-win of

cost savings for owners and tenants alike with a resultant income stream to the Owners

Corporation the document signing followed almost immediately.”

Intermoco is in advanced negotiations with a range of property development companies for

Embedded Network contracts. Demand for our Embedded Network Service remains extremely

strong, and we expect our pipeline of contract opportunities to continue growing in 2012.

“The Company’s growing portfolio of long-term Embedded Network contracts will sustain

Intermoco’s growth and the strengthening recurring revenue base provides better earnings

visibility,” Mr Kiddle added.

For further information contact:

Alan Waller

Manager, Embedded Networks

(03) 9914 7600

Intermoco Signs 9 New Embedded Networks

Intermoco Limited (ASX: INT), is pleased to announce that the Company has entered into a contract for nine new Intermoco Connect Sites situated in various locations around Australia.

The sites have been developed by one of the largest retirement village developers in Eastern Australia. The majority of these sites are domiciled on the North Coast of NSW.

Intermoco Signs three new Embedded Networks

Intermoco Limited (ASX: INT), is pleased to announce that the Company has entered into three further agreements for new Intermoco Connect Sites located in New South Wales and Victoria. The reference numbers for these sites are the reference numbers used in the Company’s Market Update dated 6 October 2011.

Intermoco Secures Long Term Funding

The Board of Intermoco Limited (ASX: INT) is pleased to announce that the Company has finalised negotiations for more accessible long-term funding to support its growth initiatives. The company has entered into a convertible note facility with La Jolla Cove Investors, Inc. (“La Jolla”) to provide up to AUD$4.5 million in funding, with a further AUD$1.5m available at the option of Intermoco.

Intermoco appoints new CFO

Intermoco Limited (ASX: INT) is pleased to announce that Brendt Henricus has been appointed Chief Financial Officer and has commenced employment with the Group.

Mr Henricus has extensive financial and global commercial experience in senior executive roles spanning over twelve years. Brendt previously held Senior Commercial Manager positions at various divisions within the PMP Limited group (ASX :PMP) which operates predominately in the Consumer and Retail markets.