DATAWORKS GROUP LIMITED — Capital/Financing Update 2022

Sep 29, 2022

==> picture [75 x 34] intentionally omitted <==

30[th] September 2022

Acquisition of PlayPause Strengthens IXUP Position in Responsible Gaming Sector

HIGHLIGHTS

• Acquisition of the core intellectual property rights and related assets of PlayPause is a key step in IXUP’s positioning in the rapidly growing and increasingly important global Responsible Gaming sector

• The IXUP secure data engine is a pioneering technology solution able to enhance responsible gaming, sports integrity and compliance solutions with next generation privacy software.

• The acquisition will enhance the active discussions and negotiations with various industry stakeholders, including existing compliance related entities, large betting operators and leading state-based regulatory bodies.

• Further updates on these international initiatives are anticipated to be made soon.

IXUP Limited (“ IXUP ” or “ the Company ”) today announces that it has acquired the assets and intellectual property rights from IXUP’s US collaboration partner, Conscious Gaming (www.consciousgaming.org) a non-profit 501(c)(3) focused on incubating US responsible gaming initiatives. The assets were acquired for immaterial cash consideration and comprise of:

1. The registered PlayPause trademark and brand name,

2. Associated unregistrable trademarks and goodwill,

3. The domain name https://playpausegaming.com/, and

4. A White Paper entitled “Socially Responsible Mobile Gaming and Betting Markets”

This acquisition streamlines IXUP’s efforts to fill current gaps in the responsible gaming technology sector aimed at improving player protection within the interactive gaming industry. With PlayPause[TM] added to its product suite, IXUP intends to advance active technology commercialization discussions with several industry stakeholders, including international gaming compliance and integrity solution providers, as well as major betting operators and regulatory bodies.

Commenting on the acquisition, Julian Babarczy, Chairman said, “The application of IXUP’s world leading secure data collaboration technology presents a unique opportunity for IXUP to develop a suite of independent and industry wide betting compliance and integrity solutions to manage the growing social issues related to gambling and gaming worldwide. The need for these products is immediate and we are encouraged by the engagement we are currently seeing”.

This announcement has been approved for release by the Board of IXUP.

-ENDS-

For enquiries regarding this release please contact:

IXUP Mr Julian Babarczy Chairman contact@ixup.com

==> picture [75 x 34] intentionally omitted <==

About IXUP

IXUP Limited (ASX: IXU) (pronounced ‘eyes up’) is a pioneering technology company with a world class suite of software products that facilitate the secure sharing and analysis of sensitive information using advanced security technology. The Company’s Secure Data Collaboration Suite of products represent is the missing ‘key’ to organisations ‘unlocking’ their information assets previously unable to be shared or commercialised due to concerns around privacy, cyber security, and compliance considerations. These data collaboration products are being commercialised at a crucial junction when the need to share and drive revenue from sensitive data and dormant data assets is becoming more important yet more difficult to achieve.

To learn more, please visit: www.ixup.com. IXUP’s registered address is Tenancy 1004, Building 10 Sub base Platypus, 120 High Street North Sydney NSW 2060.