Jumbo Software Supply Agreement with RP Data

Aug 28, 2001

Document date: Tue 28 Aug 2001 Published: Tue 28 Aug 2001 12:11:37 Document No: 142097 Document part: A Market Flag: N Classification: Other   JUMBO CORPORATION LIMITED 2001-08-28 ASX-SIGNAL-G HOMEX - Brisbane +++++++++++++++++++++++++ Directors of Jumbo Corp are pleased to announce that an agreement has been signed to provide marketplace software for RP Data Ltd, Australia's leading property information service provider. Under the terms of the agreement, RP Data will pay Jumbo Corp a license fee to use the Jumbomall marketplace software for a number of sites planned for release in the next few months. Furthermore, RP Data will promote the software together with other Jumbo services to its extensive network of partners around Australia and New Zealand. Mr Mike Veverka, CEO of Jumbo Corp said, "The marketplace software agreement with RP Data Ltd is the beginning of a new revenue stream for the company. Our expertise in online marketplaces can be sold to customers in a variety of industries where buyers and sellers come together on one web site to conduct trade". RP Data (ASX:RPD) is Australia's largest real estate services provider and operator of the leading web sites property.com.au and realtor.com.au. The company also provides information services to the heavy equipment and car industries via the heavyequipment.com.au and carshow.com.au web sites. The marketplace software was developed by Jumbo Corp and is used to operate the Jumbomall.com web site. Recent software development has resulted in a product that can operate on a customer's own server, independent of the Jumbomall.com web site. This enhancement has made it possible to sell the software to a host of potential customers in a variety of industries. The Jumbomall Marketplace software consists of an advanced set of software modules that combine to operate an online marketplace between buyers and sellers. These modules include * BUYER MODULE controlling buyer searches, selection and purchase of goods and services. * SELLERS MODULE controlling the creation and maintenance of online stores containing product catalogues and payment options. * PAYMENTS MODULE controlling secure online payments between buyers and sellers. * ADMINISTRATION MODULE controlling marketplace behaviour as directed by the marketplace owner. The software is suitable for both B2B (business to business) and B2C (business to consumer) applications in industries such as construction, transport, mining and retail. For further enquiries, please contact: Mike Veverka,CEO PH: (07) 3831 3705 Fax: (07) 3831 9720 mike@jumbocorporation.com

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