turned the corner, now in the straight, page-7

re: chairmans address: moving ahead todays ann looks good,we should see some posative buying soon ,some things i like about them are ,they buy out a company merge into their company make profit first before they continue. =below extract from ann Investment Opportunities

7 Opportunities to increase scale and
performance through targeted, value-
accretive investments
7 Acquisitions - opportunity to acquire under-
capitalised private companies in the Digital
Services market
7 Investments in complimentary businesses
to add scale to the Hyro offering
7 Hyro will continue to seek and evaluate
these opportunities as they emerge
and=
Leveraging Existing Assets

7 Leveraging affiliate relationships overseas to promote sales
of Hyro Government Solutions IP
- "S o ft," lo w o ve rh e a d E n try to N o rth A m e rica n M a rke t le a d
by bid support for international partners
- Demand Pull opportunity to assess the viability of the
market and to pursue options for off-shore investment
7 Review opportunities for Thai Business
- Thai Business returned to profit Q1
- Strong growth supported by good management team
- Opportunity to further support business by accessing
local capital &releasing stored value to Australian Parent
- Investigate local capital raising / float opportunities

for a small company they seem focused