Notice of General Meeting – Company Name Change, 28 August 2018

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ASX:COM
Sydney, 28 August 2018

NOTICE OF GENERAL MEETING and EXPLANATORY MEMORANDUM

Dear Shareholder,
Attached is a Notice of General Meeting of the Shareholders of ComOps Limited to be held on 28 September 2018 at 12:00pm. The sole purpose of the meeting is to consider, and if thought fit, pass a resolution changing the company’s name to Tambla Limited (Tambla).

ComOps was founded in 1972 and was listed on the Australian Stock Exchange in 1999. The Board and executive management team agree that the current business no longer represents the original purpose of the company, some 46 years ago, and feel that a modernization of the name and logo will better reflect the dynamic nature of the current cloud-focused company.

Over the last 12 months, our new CEO, Chris Fydler, has implemented significant change to the business to both modernize our products and turn the business toward profitability. There has been a cultural shift toward innovation and customer service, and the Board believes it is now appropriate to rebrand the organization to better reflect its exciting future.

The share register has also changed significantly over the last 12 months, with the founders of ComOps and also the eTivity business, acquired in 2014, being replaced by new shareholders.

Today we are an innovative and growing cloud-first software company that is providing complex solutions to enterprise businesses globally. The next stage of our development is introducing artificial intelligence, machine learning and improved business analytics capabilities to our solutions. This ongoing innovation combined with the comprehensive existing capabilities of our solutions and our strong enterprise customer base ensures our business is well placed to solve the current and future workforce management challenges for the enterprise market both domestically and globally.

We believe that changing the company name to Tambla will be an important step forward in modernizing our brand and presence, better enabling us to deliver this reenergized and refocused message to the market.

The Board would like to recommend to shareholders that they vote in favour of this change.

Read the full release here

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