New Vault Platform Successfully Launched and Generating Sales...

New Vault Platform Successfully Launched and Generating Sales Vault Intelligence Limited (ASX: VLT) (Vault, the Company), the leading SaaS business delivering solutions in the Risk, Environment, Health and Safety (EHS) sector is pleased to update activity relating to the recent release of its latest version of the Vault Enterprise Platform (V3). Key deployments of the new V3 Platform include: ● Restaurant Brands (KFC, Pizza Hut, Carl’s Jr and Starbucks Coffee) - Phase 1 which involved 173 sites now successfully deployed with V3 Platform and first supporting Vault apps to be deployed in March 2018 www.restaurantbrands.co.nz ● New Zealand Post - Conversion from Vault 2 to V3 successfully commenced in February and rollout will be expanded to cover 8000 staff across 600+ sites www.nzpost.co.nz ● StateCover Mutual - Successfully completed high level provisioning plans as well as refined efficiencies to expedite time to implement and provision systems. First councils to be commissioned in March 2018, incorporating full capabilities of the V3 Platform and supporting apps (potentially up to 122 NSW local government councils) www.statecover.worldsecuresystems.com Key V3 Platform Sales since January 2018 release: ● Compass New Zealand - As advised in ASX release dated 15 February 2018 - 5000 staff across 350 sites www.compass-group.co.nz ● Constellation Group - New Zealand’s largest wine exporter and a a subsidiary of Constellation Brands (NYSE: STZ and STZ.B), a Fortune 500® company www.constellationnz.com ● University College of Learning - Institute of Technology established in 1902 and won through successful tender www.ucol.ac.nz www.vaultintel.com ASX: VLT As previously advised, Vault 3 is a new enterprise level EHS platform that employs the latest web technologies that are applied to the extensive capability of previous versions of Vault. Vault 3 provides a platform that positions Vault as a product for rapid gains in capability and expansion of the available product suite. The recent sales and successful implementation of V3 in such a limited time, endorses the strategy that the new enterprise platform would deliver greater sales penetration and opportunities across the market. In addition, the strong interest and anticipated uptake by existing customers of the new platform is expected to lead to a lift in the existing Annualised Recurring Revenue (ARR) as companies commence conversion to the new platform later this quarter.