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INFOCUS GROUP HOLDINGS LIMITED Capital/Financing Update 2017

Apr 9, 2017

65103_rns_2017-04-09_1011010f-764d-4aca-910d-0447a35cf639.pdf

Capital/Financing Update

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10 April 2017

Australian Securities Exchange ( ASX ) Level 40, Central Park 152-158 St George's Terrace Perth WA 6000

WANGLE SIGNS LANDMARK COMMERCIAL AGREEMENT WITH TELETHON KIDS INSTITUTE

Wangle Technologies Limited ( Wangle or Company ) ( ASX: WGL ) is pleased to release the following shareholder update on the execution of an exclusive commercial agreement with the Telethon Kids Institute ( Institute ) to partner with Wangle on the development of the Company’s second commercial product, Wangle Family Insites .

Partnership Agreement with Telethon Kids Institute

In August 2016 Wangle entered into a collaboration agreement with the Telethon Kids Institute, one of Australia’s largest and most successful medical research organisations, to explore collaboration opportunities that would make use of the Company’s unique technology profile in concert with the Institute’s own health and medical research programs.

This period of exploration, discovery and collaboration between Wangle and the Telethon Kids Institute has led to the co-development of the Wangle Family Insites product concept, a highly disruptive and ground-breaking approach to discovering and acting upon the opportunities and dangers faced online by children and teenagers via:

  • live mobile network monitoring & network behavioural analysis;

  • real-time notifications and risk assessments;

  • the provision of tools, information and resources to parents, educators, careproviders and children to address the opportunities and risks involved in using online environments; and

  • real-time feedback with the Telethon Kids Institute’s research community to continually update and enhance the predictive intervention capabilities of the product.

Wangle is excited to announce it has now formally entered into a commercial partnership agreement with the Telethon Kids Institute to support the continued development and commercialisation of the Wangle Family Insights product due for release later this year.

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What Problems will Wangle Family Insites Product Solve?

The exponential growth of the internet, the ever-increasing availability of information and unprecedented increases in connectivity pose opportunities and can lead to great risks to today’s children and teenagers, with the potential for tragic consequences in extreme cases. With cyber-bullying, online grooming by predators and gaming addiction being just some of the risks facing today’s youth, parents and educators globally are challenged to find ways to pursue greater learning opportunities for children while at the same time protecting them against increasing online risks.

The Telethon Kids Institute is a global leader for research investigating online behavioural risks and opportunities for children. Together with Wangle, the Institute’s researchers are working to provide families and educators with new and proactive ways to address this societal challenge. The Wangle Family Insites product moves away from the blocking and prohibitive methodologies currently available in the marketplace. Wangle instead provides parents and caregivers with real-time awareness of their children’s behaviours online, and a deep understanding of helpful parent-friendly ways to think about their children’s online behaviours that are relevant to their family’s needs.

Development and Commercialisation of Wangle Family Insites

Wangle has committed to developing and commercialising the Wangle Family Insites product in partnership with the Telethon Kids Institute utilising the best in class Wangle VPN network alongside advanced network capture and proprietary analysis techniques developed by the Company (patent for application filed as per our ASX announcement dated July 27, 2016).

The Telethon Kids Institute will provide Wangle with data derived from cyber safety research including behavioural benchmarking based on 12 years of previous research. This data will enable Wangle to identify key risk behavioural trends from network patterns without interrogating the actual online content of children, thus allowing general risks to be identified while preserving the privacy, trust and cooperation of children and teenagers. The Institute will also provide the Wangle Family Insites product with access to resources for parents, educators, care-givers and children to help address the opportunities and risks identified with online behaviour, creating a unique service for parents that not only offers guidance on how to prevent problems and educate their children and themselves, but also identifies when children need help and provides recommendations to respond to these issues as they occur, and how to seek further help when required.

Advancing the Research Capabilities of the Telethon Kids Institute

Wangle will contribute to the Telethon Kids Institute’s research in this field by providing the Institute with real-time behavioural data, a ground-breaking addition to the Institute’s existing research that currently relies on traditional data capture techniques such as selfreported data from parents, children and young people.

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The provision of real-time detailed behavioural data will give researchers at the Telethon Kids Institute an unprecedented ability to rapidly identify changes in children’s online behaviours as well as the various websites and social media sites utilised by different subgroups such as age, location and gender. This will allow Wangle to continually fine tune Wangle Family Insites to better meet societal need. None of the data received by the Institute will contain identifying information about individuals or families to ensure that privacy is protected.

Wangle has also agreed to grant a proportion of revenue raised from the commercialisation of Wangle Family Insites product to create a research and development fund to further support the vital research of the Telethon Kids Institute.

Wangle Technologies CEO Sean Smith said :

“The signing of this agreement represents a significant milestone for the Company. The partnership with a global leader in the Telethon Kids Institute provides Wangle the ability to launch a world first product in Wangle Family Insites that solves a genuine and topical issue faced by parents all over the world. We’re also proud to be able to provide data to the Telethon Kids Institute’s leading research programs in such a manner that provides ongoing value for both the Telethon Kids Institute and the Wangle Family Insites product.”

Professor Donna Cross from the Telethon Kids Institute said:

“On behalf of Telethon Kids Institute I am pleased we have been able to convert our ongoing collaboration agreement into a commercial partnership with Wangle. The opportunity to access de-identified real-time behavioural data for our cyber safety research will allow us to quickly identify changes in children’s online behaviours and more rapidly develop research driven responses and guidance for children and parents in the online world. Wangle Family Insites product has the potential to make our research even more dynamic and responsive.”

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For further information, please contact:

Wangle Technologies Wangle Technologies Sean Smith Loren King MD and CEO Company Secretary p: +618 6489 1600 p: +618 6489 1600 [email protected]

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ABOUT WANGLE TECHNOLOGIES

Wangle Technologies has developed patented algorithms to optimise data flow between devices. It allows faster data transfer and reduces data overhead, while enhancing security and privacy. Wangle’s technology provides compelling value to consumers and to service providers looking for innovative low cost solutions to manage network capacity in the face of unprecedented growth in data consumption.

ABOUT TELETHON KIDS INSTITUTE

The Telethon Kids Institute is one of the largest and most successful medical research institutes in Australia, comprising a dedicated and diverse team of more than 500 staff and post-graduate students. It’s created a bold new blueprint for a medical research institute that brings together community, researchers, practitioners, policy makers and funders, who share our vision to improve the health and wellbeing of children through excellence in research. The Institute is headed by leading paediatrician and infectious diseases expert Professor Jonathan Carapetis, with Founding Director Professor Fiona Stanley now its Patron.

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