Ann: Investor update, page-4

To me, the following points from the announcement were very positive and probably could have been announced as separate individual announcements:

1) Thames Water corporate trial progressed to contracts with BOTH trial sites. A THOROUGH cost-benefit analysis on Envirosuite was conducted (By Thames Water) that underpinned the decision to continue the subscriptions.
- shows strong endorsement by one of the more influential Water Corporations in Europe especially after Envirosuite going through what must have been quite a stringent Cost/ Benefit analysis.

2) The major Cerrejon mine in Columbia has recently extended its Envirosuite contract to include their port operations as well as the mine
- this extension of the contract both in time and its scope shows that Envirosuite is regarded as an essential part of the mining company's operations. The extension of the contract also confirms that Envirosuite subscriptions can generate repeatable annual revenues from the same customer.

3) Sales in USA, Europe, Latin America and New Zealand
- More details on these sales would have been nice ie. quantity and dollar value of the wins etc

Great announcement and shows great promise IMO