INFOCUS GROUP HOLDINGS LIMITED — Capital/Financing Update 2017

Apr 3, 2017

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4 April 2017

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

WANGLE VPN CONFIRMED UP TO TWICE AS FAST AS OPENVPN BY PwC INDEPENDENT ASSESSMENT

Wangle Technologies Limited ( ASX: WGL ) ( Wangle or Company ) is pleased to release the following Wangle App performance update following independent testing by PricewaterhouseCoopers ( PwC ) on the speed and data savings of its Wangle VPN platform.

PwC was engaged by Wangle to conduct testing and provide independent assurances on the performance of the Wangle VPN App, and to provide management with a report of the full results captured through repeated testing within a quality assured testing environment and methodology.

Results provided by PwC have confirmed that the Wangle VPN network performance not only met management expectations, but very often exceeded them. Furthermore, the Wangle VPN proved considerably faster than leading competitor OpenVPN (with over 5 million customers globally and growing at 150,000 per month[1] ).

A summary of the results are provided below:

Assertions Tested (version 0.1.77)	TestAverage	TestPeak
1. Based on content types tested (documents, images and videos)Wangle Virtual Private Network Application for Android and iOSplatforms achieves anaverage reduction of 19%in data usage withpeaks of up to 40%for specific content types	(19.4%)	(48.7%)
2. Based on content types tested (documents, images and videos)Wangle Virtual Private Network Application for Android and iOSplatforms achieves anaverage improvement in download speeds of45%withpeaks of up to 100%for specific content types	46.7%	245.9%
3.Based on textual data used in testing Wangle Virtual PrivateNetwork Application for Android and iOS platforms achieves anaverage increase in upload speeds of 90%withpeaks of up to 100%	95.3%	154.9%
4.Based on content types tested (documents, images and videos),the Wangle Virtual Private Network application achieves anaverageimprovement in download speeds over OpenVPN of 45%withpeaksof up to 100%for specific content types	51.5%	217.1%

1 Source: OpenVPN.net: https://openvpn.net/index.php/about-menu/openvpn-facts.html.

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The test results as detailed in the PwC report provide Wangle management with insight into areas for further development and enhancement, as well as offering a comprehensive 3rd party verification of the Wangle VPN technology in support of Company plans to further build and extend the commercial opportunities that the technology foundation can now support.

The Company views this report as another key milestone ahead of commercial launch to the Australian market in April 2017.

The full PwC report[2] can be viewed on the homepage of the Wangle website: www.wangletechnologies.com

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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 info@wan.gl

ABOUT WANGLE TECHNOLOGIES

Wangle Technologies has developed patented algorithms that not only optimise, compress and secure the data flow to mobile devices, but facilitate real time analysis of network patterns and usage behaviours. Wangle’s technology provides compelling value to consumers, service providers and enterprises looking for innovative low cost solutions for managing network capacity and use.

ABOUT PRICEWATERHOUSECOOPERS

At PwC Australia, our purpose is to build trust in society and solve important problems. We are one of Australia's leading professional services firms, bringing the power of our global network of firms to help Australian businesses, not-for-profit organisations and governments assess their performance and improve the way they work.

2 PwC has agreed to the distribution of the report to potential clients and investors on the following basis:

• a) The services and benefits of PwC’s work are not for the recipients benefit,

b) PwC does not accept responsibility, duty or liability to recipients for the decisions made them using the information in the report,

c) Recipients do not disclose the report, except where required by law, and

d) PwC accepts no liability or responsibility to any party who gains access to the report.

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