CommSecure (CMS)

Shares / Stock Code

CMS

Stock Exchange / Sharemarket

Australian Securities Exchange

CommSecure Limited (CMS) provides e-business solutions and support. E-business services include electronic bills payment and presentment, online credit card payment and authorisation and online financial-trading systems, as well as networking and systems integration and web design and development. CMS was established in 1998 in response to the growing acceptance of e-commerce within the global business environment. In 2000, the company acquired technical web company Internet Spider. In 2002, CMS and Westpac formed an alliance to provide e-Billing services to local councils. It's head office is located in Pymble, NSW.

CommSecure Limited is engaged in the management of residual interests in mining tenements in Western Australia. Until December 19, 2007, the Company was engaged in the development and sale of information technology applications and systems based on secure messaging technology, which generate recurring revenues. On November 17, 2007, the Company’s contract to supply market Information services to HSBC in Hong Kong ceased and on December 19, 2007, the Company’s Electronic Bill Payment and Presentation (EBPP) business was sold.

CommSecure has a strong presence in the local government with over 30 councils using the company for bill presentment and/ or payment, through its partnership with the New South Wales Local Government & shires Association.

Major competitors to CommSecure include other providers of e-Business solutions in Australia. CMS's main customers include many blue chip clients and federal government departments such as Westpac Banking Corporation; Macquarie Bank; HSBC Group (Australia and Asia/Pacific); Pacific Internet; Child Support Agency (Department of Family and Community Services); Chubb Security; and Primus Telecommunications.

CommSecure (CMS) Products and Services

  • E-Commerce applications

CommSecure (CMS) Locations and Subsidiaries

CommSecure Head Office
8th Floor, C/- Walker Wayland Admin Apptd, 55 Hunter Street,
SYDNEY, NSW 2000
Phone: (02) 9497 4400
Fax: (02) 9497 4499

CommSecure (CMS) Share Price

Submitted by ASX Listed Company on 12 March, 2010 - 07:22

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