Amnesia exits Telstra scheme.

Australasian Business Intelligence, June, 2003

Jun 25, 2003 (Ad News - ABIX via COMTEX)

Telstra and Amnesia have come to a mutual agreement not to proceed with a joint project. Amnesia, an interactive multimedia company, had received a grant from the Telstra Broadband Fund in early 2003 to conduct the project, which involves the download of music from the Internet. Stuart Gray from Telstra says the agreement resulted from "issues that developed" between the two companies". Iain McDonald, the CEO of Amnesia, says the "decision" was in the best interests of the project, and that Amnesia would continue with it on its own.

Publication Date: 20 June 2003

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