Pisces & Newsnet Businesses acquired by Investment Group

Australian financial services and mortgage software company Pisces Group Ltd today

announced that its mortgage service and messaging businesses has been acquired by

Santapau Limited for an undisclosed sum.

The acquisition by Santapau, which is backed by clients of Gleneagle Securities, will enable

the launch of a range of new financial products to the Australian market.

In the coming weeks, the Pisces and Newsnet businesses will be rebranded to provide a

unified brand in the marketplace.

Director of Santapau, Delan Pagliaccio commented “Santapau is excited to assist in the

delivery of new and innovative solutions to existing clients of Pisces, plus further enhance

its talented team to provide a high level of customer options and support”.

“We will make this exciting change a smooth and transparent one and ensure our

customers, partners and suppliers are kept informed,” said Jega Rajan, CEO of Pisces.