Company History - A closer look

  • The company was incorporated in 1985.
  • On 14 June 2001, securities were suspended from official quotation at the request of the Company.
  • On 29 September 2001, the directors resolved that the Company was insolvent (or about to become so). The Board of Directors, therefore, resolved to appoint administrators to the Company and its subsidiaries.
  • On 3 September 2002, following several name changes, the Company became ‘TELEZON LIMITED’.
  • On 18 December 2003, Telezon Limited emerged from administration.
  • On 27 February 2004 at an EGM of shareholders, the then directors, secretaries, and auditor of the Company were removed and replaced.
  • On 3 June 2005, Telezon issued a prospectus for the issue of shares at 1 cent each for the purposes of raising capital for the operation of the Company and its business.
  • The capital raising was closed by the Directors having raised approximately $2.2 million.
  • On 21 October 2005, Telezon issued a prospectus for the purpose of acquisition of technology and of reinstatement of quotation of the shares of the Company on the Official List of the ASX (Australian Securities Exchange).
  • On 25 November 2005, the shareholders in a GM resolved to consolidate the capital of the Company on a basis of 1 share for every 20 shares then on issue.
  • In December 2005, SS&B (as it was then known) was acquired by Telezon and renamed SSB Technology Pty Ltd. (SSB) – a wholly-owned subsidiary.
  • Since 2006, SSB and Telezon have made significant advancements in its technologies – both in polymer needles (draw-up and hypodermic) technologies and injection systems.
  • SSB and Telezon now hold several patents worldwide for its technologies and product solutions.