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Manufacturing License Agreement Signed With Northrop Grumman
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Quickstep is set to receive an additional funding injection to underpin the Company’s growth, today announcing it has received binding commitments under a convertible note placement to certain existing sophisticated and professional investors and clients of State One. The placement was managed by Perth-based stockbroking firm, State One Stockbroking Ltd.
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Quickstep has secured two key agreements with Abu Dhabi-based diversified conglomerate, Al Farida Group, to support the Company’s future growth, today announcing it has signed an Agency Agreement to promote sales in the United Arab Emirates, Saudi Arabia and other Middle East countries, along with a A$10 million Convertible Loan Agreement.
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Quickstep has formed a key alliance to assist in targeting aerospace and defence manufacturing contracts, today announcing it has signed a teaming agreement with EDAG Australia Pty Ltd, a division of the German-based EDAG GmbH & Co. KGaA.
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Three new autoclaves and one 5-Axis CNC milling machine delivered to Quickstep's Western Australian Plant
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The Board of Directors of Quickstep Holdings is pleased to announce the appointment of highly experienced international executive, Mr Philippe Odouard, to the position of Chief Executive Officer, effective 13 October 2008, to lead the Company’s future growth. In addition, Mr Peter Williams has been appointed Chief Financial Officer, effective 8 September 2008.
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