Sept 28 (Reuters) - Newzulu Ltd NWZ.AX :
* Says entered into agreements with a number of media companies and agencies for the license of Newzulu Technology products
* Says revenues from these clients is expected to commence in Q2 FY 2016 with a ramp up expected to continue through Q3 FY 2016
* Says expects to record incremental revenue accretion from the date of completion of the acquisition of Octiplex
* Says content partnerships will commence generating revenues in Q2 FY 2016
* Says commenced a restructure of its editorial operations and pursued other opportunities for cost reduction
* Says aims to deliver approximately $1.1 million in cash cost savings in FY 2016
* Says restructure of Newzulu's editorial operations will reduce the number of Newzulu bureaus
* Says restructure not expected to diminish operational capabilities
* Says seeks to reduce cash burn and pursue cash flow positive operations targeted within the next 12-months
* Says has advanced discussions with parties in the US and Australia regarding the acquisition of a strategic interest in the company
* Source text for Eikon ID:nASX8N5xGh