NetLinkz Ltd (ASX: NET) ('NetLinkz') is pleased to announce that today it has received cash proceeds of AUD$160,000 for the sale of VINs as a VPN replacement product from its pilot program with China Telecom Wuxi for the period October 2018 to March 2019 from its China reseller based in Hong Kong and its China based agent JASTVIN.
The agreements the Company has in place and the receipt of these payments from the China reseller demonstrates the continuing demand by Chinese corporate customers, confirm the success of the pilot program and the process and effectiveness of the structures that allow the Company to receive cash payments from the sale of its product in China.
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