Cadmus adds new Aust orders worth $3.5 million

Electronic payment company Cadmus Technology said today it has expanded its eftpos product range in Australia.

Cadmus' major Australian customers include the Bendigo Bank, Bill Express Ltd, and e-commerce distributor Dialtime. The trio has just adopted Cadmus' advanced graphics terminal and GPRS mobile eftpos terminal.

The new orders will add $3.5 million in revenue to Cadmus' bottom line in the current financial year, Cadmus' director of new business, Patrick McCammon, said.

Shares in Cadmus last traded yesterday at 23c.

The shares hit a high of 40c in February when the company said its revenue rose 60 per cent to $9.2 million in the six months to December 31.

- NZPA