Ann: March 2018 Quarterly Report & Appendix 4C, page-2

Great results and shows continued growth, still a huge gap between opex spending and revenue but this is very much still in the start-up phase so is expected.

- Customer contract value now at over $710k represents a 15% growth vs prior quarter.
- JV with Las Vegas company progressing well with updates expected next month
- Expecting to manufacture additional 5 thousand CCP smart tags due to emerging sales opportunities
- Gen2 devices with NB-IoT and LTE launched , with additional sensor monitoring abilities (pH and dissolved oxygen monitoring)
- Planning to add energy monitoring and a hand held temp probe for cold chain monitoring
- New sales secured from channel partners
- Cebit Expo in Sydney (I will be attending)
- Endorsement from industry professional "CCP is the best i have ever used".

Bit of a sell of this morning probably just impatient holder, Keeping in mind recent CR was at 2.3c - this will bounce back once ASX gets out of bear territory.