Returnity: Change of Ownership

Returnity is very pleased to announce the transfer of ownership of our business to Salmat Limited (SLM. ASX). Returnity is one of four companies in a portfolio acquisition that was announced on the ASX on Wednesday 22 December, 2010. The four Photon companies forming the transaction include Returnity, C4 Communications, Be.Interactive and MessageNet.

Returnity CEO, Paula O'Connell said, "After ten years with Photon Group, we are thrilled and excited to be moving ahead with Salmat, to play an integral role in their multi-channel growth strategy. Salmat has been very successful in the traditional direct marketing business for a long time and in recent years they have been building their capability in digital and interactive. Returnity is a strategic acquisition for Salmat's emerging digital business and we look forward to working with a group that has an amazing record of investment in people, products and technology".

Returnity is all about its people and the services that we deliver to our clients. We love what we do and we are driven every day by the opportunities that come our way. We are confident that under Salmat, our people and our culture will go from strength to strength and our ability to invest in training and technology will drive further growth within our business.”

The official announcement can be downloaded from the ASX web site:
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=SLM.