Changing tact ... backdoor

"On 24 July 2014, QRL announced it had entered into an agreement to acquire 100% of the issued capital of Y&B. Y&B holds an exciting portfolio of technology assets experiencing accelerated growth and development managed by a world-class team of technology professionals. Y&B’s existing portfolio has already received many industry accolades including numerous awards and industry recognition worldwide. In particular, Y&B’s leading mobile food and beverage ordering and payment app BopplTM is in advanced negotiations for deployment across numerous countries. More detail on Y&B’s portfolio of assets is provided below."


About Yonder & Beyond


Y&B is headed by Shashi Fernando, a proven performer in the delivery of world-class mobile solutions. He was a board member and Chief Content Officer of HTC Corporation, one of the world’s leading smartphone manufacturers, and the founder and former CEO of Saffron which raised $3 million in 2007 and was acquired in 2011 for US$50 million.

Shashi delivered Saffron into the heart of the mobile and entertainment industry by securing clients such as Vodafone, T-Mobile, Samsung USA, Paramount and Disney to name but some of the 40 plus global relationships that were established over his time with Saffron.

Having twice been named in the world’s top 50 in Mobile Entertainment, Shashi led Saffron to multiple industry accolades over the period, delivering a profitable business and 100% growth year on year, for three years.

Since his time at HTC Corporation, Shashi has been an angel investor and moved to bring to market several digital start-ups. Mr Fernando formed Y&B to invest in and help accelerate high growth and high potential businesses in the global technology and mobile space.

The Y&B management team brings a wealth of experience and relationships across the technology and entertainment landscape and is able to maximise synergies amongst its investment portfolio to accelerate growth and user acquisitions."



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