Next Investors logo grey

Vonex provides Oper8tor development update


Published 28-MAR-2019 11:00 A.M.


3 minute read

Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.

In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.

The below articles were written under our previous business model. We have kept these articles online here for your reference.

Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.

Click Here to View Latest Articles

Vonex Limited (ASX:VN8) has provided a strong update on the impending launch of its Oper8tor platform.

Oper8tor is an aggregated communications platform that will comprise of conference, voice, message and video functionality. The disruptive offering will facilitate user communication across a plethora of channels, whether it be voice calls or instant messaging.

Anticipated Oper8tor development is expected to deliver links between mobile phones, land lines and selected communication apps into a single voice call.

Following Facebook’s announcement earlier this year in regards to its messaging platforms (which will see it integrate WhatsApp, Instagram and Messenger), VN8 has made strides on the Oper8tor messaging functionality, with successful chat testing executed.

VN8 has now successfully connected two major social media platforms through the Oper8tor messaging platform, with a third imminent. The immediate aim is facilitating integration of further social media platforms and apps with the Oper8tor app.

The below designs showcase the desired Oper8tor UI, which is being refined for commercial launch.

Next Investors Image

Fresh changes to social media security and privacy (particular Facebook), have created a greater scope for VN8’s development team. Due to these changes, the Australian launch of Oper8tor will be delayed into the June quarter (originally planned for the end of March).

This will enable the company’s development team to complete the final work needed for the app’s planned functionality across platforms.

VN8 managing director Matt Fahey spoke on the latest update, “We are delighted that our concept of ‘everyone’s in’ has finally gained mainstream recognition.

“Facebook’s recent announcement stating that their opt-in service will allow users on one platform to be able to contact users on different Facebook-owned platforms, without having to ‘friend’ them first, completely validates our objectives with Oper8tor.

“The key point of difference, and the most exciting element which will underpin our path to scale, is that our product is agnostic and can target many communication platforms, putting Vonex at the forefront of messaging aggregation.

“Before we launch Oper8tor on the app stores, it is important that we focus on the integration of social media. Recent security changes announced for users of Facebook and its messaging platforms, Messenger, WhatsApp and Instagram, mean that we need to spend longer than initially expected to finalise the app ahead of its launch.”

On other fronts, Oper8tor Conference is now ready for white labelling to third party businesses. VN8 is integrating technology from Conference into the Oper8tor app and plans to roll the apps out in the large European market once the Australian launch is finalised.

The company remains on track to achieve its commercial launch of the Oper8tor app in Europe by early FY20.

“Vonex achieved a record month in February, having passed the milestone of 27,000 active registered users of our Private Branch Exchange (PBX) system during the month and seeing new customer order value up 34% year on year,” Fahey continued.

“In March, we have passed the 27,500-PBX user mark and successfully processed more than 500 new customer orders through our Channel Partner sales software, Sign on Glass. We have added 55 new Channel Partners in FY19 to date, and we expect our user numbers to continue to grow.”

General Information Only

S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.