GeoOp announces intent to list on the NZAX
GeoOp announces intent to list on the NZAX on Thursday 31st October 2013 at $1.00 per share
AUCKLAND, Tuesday 22nd October 2013 - GeoOp Limited, the New Zealand-based mobile workforce management company globally empowering trades and services businesses to create efficient business processes, has announced its intention to list on the NZ Alternative Market (NZAX) market on Thursday the 31st of October 2013, subject to final NZX approvals. The shares will be listed at $1.00 per share.
GeoOp has been pleased with the high interest in its private share offering, which was oversubscribed by more than three times, raised $10 million of new equity and now has 280 shareholders.
GeoOp believes the listing on the NZAX will now enable it to charge further ahead with its global expansion strategies, particularly in Australia and the US. GeoOP is part of a market and technology shift for trades and services businesses– from sole traders up to SMEs with 200 field staff. As a catalyst for change for these businesses, GeoOp is primed to meet the global opportunity as these businesses rapidly take up smart and mobile devices to replace pen and paper, whilst the costs of mobile data reduce.
GeoOp is already a global product with users in 13 countries and 85% of its paying users located offshore. As a Software as a Service (SaaS) solution GeoOp is suitable for a wide range of industries and has customers in key vertical markets that include: building, plumbing, electrical, painting, plastering, building, drainage, technical, computer technicians, engineers, maintenance and repair, telecommunications, air conditioning, alarm installation, health, caregivers, community workers, mobile therapists, mobile vets, outsourced medical, childcare, general services, towing, cleaning, moving, delivery, locksmiths, arborists, photography.
About GeoOp Limited www.geoop.com
GeoOp is a mobile solution for job costing and scheduling that aims to be a global leader in mobile job management for the trades and services sectors.
GeoOp takes full advantage of the mobile devices already in the hands of trade and service workers to replace manual, inefficient, paper-based and hard to manage workflow systems. With GeoOp, office and mobile workers in real time, create, assign, cost, quote and invoice jobs. GeoOp also integrates with leading business products such as Xero, Freshbooks, Unleashed, iAuditor, Navman and Snitch.
GeoOp has over 4,000 paying users, including in the UK, USA and Europe. Its headquarters and development base is in Auckland with offices in Sydney and Melbourne and staff in the UK.
GeoOp is available through the Apple App Store, Google Play and from the GeoOp website. Businesses sign up for a free 30 day trial and are operational within hours. The return on investment by using GeoOp is significant with no joining, maintenance or upgrade costs.