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Press Release

Bytes Technology Group partners with empowerment group

Bytes Technology Group has sold a 51% stake in its Bytes Conference Centre business to empowerment group IYAVAYA HR Solutions (Pty) Ltd., a 51% black woman owned and managed company providing specialist services in the fields of Black Economic Empowerment, employment equity, skills development, health and safety, and staffing strategies and solutions. The partnership became effective in January 2017.The IYAVAYA HR Solutions board comprises of Thembi Chagonda, MD of IYAVAYA, and Jonathan Goldberg, CEO of Global Business Solutions, a leading labour law, human resources and industrial relations consultancy. Both will become members of the Bytes Conference Centre board, along with Paul Campbell, MD of Bytes Conference Centre, and Mkhuseli Tindleni, Facilities Lead at Altron Shared Services.According to Andrew Holden, Altron Operations Executive: Information Technology, under which the conference centre resides, the partnership with IYAVAYA is part of Altrons commitment to invest in black-owned SMMEs in order to drive value for the business and to bring a fresh impetus to the conference centre as it seeks to broaden its services to a wider audience.Both Thembi and Jonathan bring a wealth of expertise to the partnership and we look forward to working with them as we position the Bytes Conference Centre as a leading conferencing and events centre, Holden said.The Bytes Conference Centre, located in Midrand, Gauteng, is a multi-purpose venue that can accomodate up to 300 delegates. The venue is managed by a dedicated events team and provides an all-inclusive service that includes catering, decor, audio-visual equipment and technical assistance. The centre also has a generator. The venue can be used for conferences, exhibitions, product launches, presentations, graduation ceremonies, IT training, cocktail parties and gala dinners.During the course of this year the entire conference centre will undergo an extensive R10 million renovation to provide customers with a high-tech user experience. This will include a new look auditorium with state-of-the art audio-visual equipment, a revamp to the existing décor and meeting rooms, in addition to the creation of a 150m2 walk-through Enterprise Business Centre with exhibition room, two boardrooms and coffee bars to showcase and demonstrate the latest solutions and technology offerings from Bytes Technology Group.ENDSAbout Bytes Technology GroupBytes Technology Group (Bytes) is a leading IT company and a principal subordinate of the JSE-listed, Altron Group. Bytes services include specialised software solutions and secure transactional solutions for the financial, retail and healthcare industries. In addition, it also provides complete outsource solutions for IT and communication infrastructure necessary to enable business processes.About Allied Electronics Corporation LimitedAllied Electronics Corporation Limited (Altron), through its principal subsidiaries, Allied Technologies Limited (Altech), Bytes Technology Group (Pty) Ltd (Bytes) and Power Technologies (Pty) Ltd (Powertech), is invested in telecommunications, power electronics, multi-media and information technology. The Altron group employs more than 12 500 employees globally.For further information, please contact:Chris Van ZylHead: Corporate Communications & PRAltronTel: +27 11 205 7969Email: cvanzyl@altech.comwww.bytes.co.zawww.altron.com 

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