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DATAWORKS GROUP LIMITED M&A Activity 2021

Jun 10, 2021

64802_rns_2021-06-10_68b64ec0-017b-4d64-ada8-1744ae42a135.pdf

M&A Activity

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Friday 11 June 2021

COMPLETION OF STRATEGIC ACQUISITION OF DATA REPUBLIC’S TECHNOLOGY ASSETS

On Monday 7 June 2021, IXUP Limited (“ IXUP ” or “the Company ”) (ASX:IXU) announced that it had reached agreement with the administrators of Data Republic Pty Ltd (“ Data Republic ”) to acquire the entire intellectual property and associated technology product portfolio that underpinned Data Republic’s high profile, global data collaboration product suite. IXUP is now pleased to announce that this transaction has completed.

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

-ENDS-

For enquiries regarding this release please contact:

IXUP Investor relations Marcus Gracey Julia Maguire CEO – IXUP Limited Executive Director – The Capital Network [email protected] [email protected] +61 02 8999 3699

About IXUP

IXUP Limited (ASX:IXU) (pronounced ‘eyes up’) is a pioneering technology company that has developed world class software facilitating the secure sharing and analysis of sensitive information using advanced encryption technology. The Company’s Secure Data Engine 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. IXUP’s Secure Data Engine is 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.