EXCITE TECHNOLOGY SERVICES LTD — Capital/Financing Update 2015

Dec 22, 2015

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ASX ANNOUNCEMENT | COVATA LIMITED

Barmer GEK Germany Named as the Major Enterprise Customer

Sydney – 23 December 2015 – The procurement process of the major contract awarded to Covata on the 18[th] of December for 20,000 end user seats over 3 years has been finalised between T-Systems and leading health insurance company Barmer GEK.

Barmer GEK is Germany’s largest public (statutory) health insurer with 8.6m policyholders, over 20,000 employees in 950 locations, and a network of over 150,000 physicians, pharmacies and clinics.

Last year, T-Systems announced it would build a technical network to connect Barmer GEK with its partners based on the T-System’s secure infrastructure. As part of this contract, Barmer GEK has selected Covata’s Safe Share solution for its highly secure file-sharing application.

“The digitisation of our business processes is a core element for improving customer service and strengthening our competitiveness,” said Mr. Frank Löhler, Team leader Mobility & Mobile Strategy BARMER GEK. “Barmer GEK prides itself on its exceptional service, and this extends behind the scenes to how we protect the valuable personal data we receive from our community. Partnering with Covata and T-Systems will allow us to further strengthen our approach to data security."

Beginning January 2016 Safe Share will be hosted in an accredited high-security data center operated by T-Systems/Deutsche Telekom in Germany. The Government grade security infrastructure and proprietary security controls of Safe Share meet the stringent demands of Barmer GEK’s data security needs.

Trent Telford, Covata CEO said of the announcement; “Combining healthcare and insurance sectors in one large enterprise customer is an important and prestigious deal for us. 2015 has become known as the year of targeted hacks on US health insurance companies. These sectors are under increasing regulatory and compliance pressure and I would like to thank Barmer GEK again for their selection of Safe Share. We are expanding our focus in this sector and look forward to further success in 2016.”

©2015 Covata Limited or its affiliates

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Media and Investor Relations:

Nikki Parker

Vice President Growth and IR

Covata +1 (571) 353-4273

nichola.parker@covata.com

About Covata

Covata enables true ownership and control over your data in the cloud and over mobile services. We deliver data-centric security solutions without compromising simple usability, providing true end-to-end security. Your data is always protected wherever it may travel – inside your network, beyond the domain, to mobile devices and to the cloud – with granular access controls that extend to external users, view-only restrictions, real-time revocation and complete visibility and auditability.

Own Your Data, control your data and choose where it is stored – with complete assurance that it is protected and secure. For further information please visit Covata.com.

*Regulatory and Legal comment: The Company endeavours to announce customer contracts where possible. Given the highly sensitive nature of these relationships the type of information able to be disclosed may vary and be limited. Not all enterprises agree to be announced and the pricing and terms of each enterprise deal remain confidential for competitive and commercial pricing reasons. As such when viewed in isolation, any oneenterprise customer deal may not provide a median indicator of deal size or value and must be considered as part of overall company performance .

©2015 Covata Limited or its affiliates