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Acquisition of Logic Communications Estimated to add $1+ million EBITDA in FY18

• Inabox to acquire Perth-based managed IT and cloud service provider, Logic Communications Pty Ltd, building on its existing strong Perth presence

• Total consideration of $1.5 million in cash, comprising a $1 million upfront payment and a $0.5 million payment deferred for 6 months to FY18

• The acquisition is expected to be immediately earnings accretive

• Expands Inabox’s presence in the Western Australia market, bringing across a portfolioof 50+ SME clients

• Leverages Inabox’s strong track record of realising value from the effective integration of acquired businesses and the implementation of successful growth strategies

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