History

Transol Corporation Limited ("Transol" or "the Company") is a Company limited by shares that is incorporated and domiciled in Australia. Transol was formed in 1999 as Online Trading Systems Limited and changed its name to Transol Corporation Limited in August 2003.

Transol was placed into Voluntary Administration on 14 July 2006 and a Receiver and Manager was appointed to manage the Company's assets. Following the sale of the red light camera business, the Receiver and Manager subsequently resigned on 7 February 2006 and after a distribution to creditors under a Deed of Company Arrangement, the Administrators resigned on 5 September 2006.

The Company's shares were readmitted to the ASX on 25 October 2006 after meeting all regulatory obligations.