Datasquirt Receives Business Growth Grant

Auckland, NEW ZEALAND–December 5, 2008–Datasquirt (ASX: DSQ), supplier of CONTACT™, its acclaimed multi-channel, non-voice communications solution, is pleased to announce that it has signed an agreement with New Zealand Trade and Enterprise under which Datasquirt will receive $428,000 towards the costs of its 2009 business growth activities.

“Datasquirt has a number of activities planned for 2009 that are centered around the upcoming launch and promotion of CONTACT Lite, the streamlined version of our award-winning CONTACT™solution,” said Aaron Ridgway, CEO of Datasquirt.

“This timely contribution and assistance from New Zealand Trade and Enterprise will go a long way towards funding the cost of rolling out the product and related activities,” he added.

ENDS