DTC - Datatec Limited - Acquisition of Direct Visual
24 January 2011 9:00
DTC
DTC                                                                             
DTC - Datatec Limited - Acquisition of Direct Visual                            
Datatec Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/005004/06)                                           
ISIN: ZAE000017745                                                              
Share Code: DTC                                                                 
ACQUISITION OF DIRECT VISUAL                                                    
Datatec Limited ("Datatec", JSE/AIM: DTC), the international Information and    
Communications Technology group, announces that its subsidiary Logicalis Group  
Limited ("Logicalis") has agreed to acquire Direct Visual Limited ("Direct      
Visual"), a Tandberg (now part of Cisco) Platinum Partner based in the UK, for a
cash consideration.                                                             
Direct Visual is one of the UK`s leading independent suppliers of video         
communications with a strong audio-visual and managed service offering. It has  
annual revenues of approximately US$15million. The full terms of the            
consideration have not been disclosed.                                          
The business will be integrated into Logicalis` Unified Communications and      
Collaboration (UCC) operation to strengthen its video offering.                 
Jens Montanana, Datatec`s Chief Executive commented:                            
"This acquisition is a great opportunity for Logicalis to develop its video     
business in line with its UCC capabilities, and further broaden the offerings   
within its managed services and cloud computing expertise."                     
Enquiries:                                                                      
Datatec Limited  (www.datatec.co.za)                                            
Ivan Dittrich - Chief Financial Officer      +27 (0) 11 233 1221                
Wilna de Villiers - Group Marketing Manager  +27 (0) 11 233 1013                
                                                                                
Jefferies International Limited                                                 
Chris Snoxall                                +44 (0) 20 7029 8000               
                                                                                
College Hill                                                                    
Adrian Duffield/Rozi Morris (UK)             +44 (0) 20 7457 2020               
Frederic Cornet (SA)                         +27 (0) 11 447 3030                
24 January 2011                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 24/01/2011 09:00:02 Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.