MICRO-X LIMITED — Capital/Financing Update 2017

Oct 3, 2017

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Micro-X Limited, 1284 South Road, Tonsley, Clovelly Park, South Australia, 5042

ABN: 21 153 273 735

Wednesday 4[th] October 2017

ASX Announcement – MICRO-X LIMITED (ASX: MX1)

Nano Commercialisation Update: First From Production Acceptance

Micro-X Limited (ASX:MX1) is pleased to announce that its distribution partner, Carestream Health Inc., formally accepted the ‘First From Production’ of the DRX Revolution Nano Mobile x-ray units at a ceremony at Micro-X’s facility at Tonsley today attended by The Hon Jay Weatherill, Premier of South Australia.

Charlie Hicks, General Manager of Global X-Ray Solutions at Carestream Health, accepting the units, spoke of his company’s excitement at bringing this ground-breaking technology to market. “Carestream Health is a market leader in introducing innovative technologies to address the needs of healthcare providers and we are proud of our partnership with Micro-X to make this another successful Carestream product.”

“This is a huge milestone for Micro-X” said Micro-X Managing Director, Peter Rowland, “These are the first production-standard units, fully capable and approved for clinical use to be built and now delivered to Carestream.”

The event was also attended by many of Micro-X’s key supply-chain partners as well as representatives from Federal and State Government, Health Industries SA, and Marion Council who were able to see the DRX Revolution Nano production line assembly in operation.

For further information please contact:

Mr Peter Rowland, Managing Director, Micro-X Ltd. Telephone: +61 418 844 981 prowland@micro-x.com www.micro-x.com

About Micro-X : Micro-X Limited (“ MX1 ”) is an Australian Securities Exchange listed company developing and commercialising a range of highly innovative products based on proprietary carbon nanotube emitter technologies exclusively licensed and sourced from XinRay Systems Inc., a US based technology developer. These technologies enable the miniaturisation of a number of X-ray applications relevant to large global markets.