NEXTED GROUP LIMITED — Capital/Financing Update 2010

Mar 17, 2010

==> picture [138 x 43] intentionally omitted <==

ASX/Media Announcement (ASX: DGI)

18 March 2010

Digislide Americas Attracts Interest from US Investment Community

Digislide Holdings Limited is pleased to announce that it will be presenting to US Venture Capital and Industry Investors in the coming week.

Digislide Americas (incorporated in Delaware), is a wholly owned subsidiary of Digislide Holdings Limited and will be presenting to institutional and sophisticated investors in both Sunnyvale, Silicon Valley, California and New York City.

Digislide has been invited by Mr Saeed Amidi, CEO of Plug and Play Tech Center, to present Digislide as an investment opportunity at its fifth International Investment Forum, the Plug and Play Acceleration and Collaboration Track (PACT).

PACT is a two day seminar held at Plug and Play twice a year and is the Incubator’s flagship international event. During PACT, an average of 400 international partners – are invited to learn and brainstorm more about the success of Silicon Valley entrepreneurship and the challenges of doing global business.

About 35 international entrepreneurs, including Digislide, have been invited to showcase their technologies to the Silicon Valley Venture Capital and Industry Investment Communities.

Presenters are described to the investment community as “the most promising international startups from a range of technology verticals”. Digislide is honoured to be categorised thus, and to be invited to present at this prestigious event.

Keynote Speaker

Paul Vivek (born 1959) was a partner at TPG Capital, one of the world’s leading private equity investment firms. Prior to joining TPG in 2005, he was Vice Chairman of Wipro and CEO of its global information technology, product engineering, and business process services segments. Paul grew this business from under $150m in revenue to over $1.4b with 50,000 employees, and led its listing on the New York Stock Exchange

Digislide Holdings Limited ABN 75 105 012 066

PO Box 20 100-102 Cavan Road North Adelaide SA 5006 Dry Creek SA 5094 AUSTRALIA AUSTRALIA

Phone 61 8 8262 3115 Fax 61 8 8262 8490 www.digislide.com.au

==> picture [138 x 43] intentionally omitted <==

Venture Capital Community

Plug and Play Tech Center, Sunnyvale, California, is where Digislide has taken up residence. The Plug and Play Tech Center provides serviced offices, recruitment assistance and introduction to potential alliance partners.

Google and other global brands were launched from the Plug and Play Tech Center, and it is regarded as a vital member of the technology ecosystem of Silicon Valley.

The venture capital community of Silicon Valley, is a strong supporter of PACT events since its beginning. Investors who have participated in PACT include:-

Accel Partners	Globespan Capital Partners	Norwest Venture Partners	SVB Capital
Dpixel	Greylock Partners	ONSET Ventures	Threshold Ventures
Altos Ventures	HP Corporate Ventures	Opus Capital	TransLink Capital
Amidzad	Hummer	Winblad	Qualcomm Ventures
Trinity Ventures	ATA Ventures	Industrial Tech Investment	Quest Venture Partners
TriplePoint Ventures	Best Buy Cap	Intel Capital	Redpoint Ventures
True Ventures	Battelle V	K9 Ventures	Saban Ventures
US Venture Partners	Blue Run V	Khosla Ventures	Sequoia Capital
VantagePoint Ventures	Lightspeed	Shasta Ventures	Vision Capital
CMEA Capital	Limestone Sierra Ventures	Wavepoint Ventures	DE Shaw Venture Capital
Matrix Partners	SoftBank Capital	Wellington Partners	Draper Fisher Jurvetson Montage C
Southern Cross VenturePartners	WI Harper Group	Foxconn Technology Group	Morgenthaler Storm Ventures
Woodside Capital Partners	Global Catalyst Partners	New Enterprise Associates	SunBridge Partners

Page 2 of 3

==> picture [138 x 43] intentionally omitted <==

Additional Investment Interest

Digislide has also been approached by Arrowhead, a New York based business and investment advisory group, with regard to possible investment by their clients.

Initial preparations have begun, and discussions commenced with Mr Matt Kirmayer, Mintz Levin Cohen Plovsky, Digislide’s US based solicitors, to ensure that Digislide Americas is fully compliant and investment ready.

About the Offer

Digislide’s presentation centres around a US$5M equity investment for a 20% stake in the US based subsidiary, which has exclusive rights to exploit all Digislide’s Intellectual Property and technologies in The Americas’ markets, and to market, sell and distribute all Digislide’s branded products in North, South and Central Americas.

About Digislide

Digislide is an Australian based company that has developed, and continues to develop globally relevant innovative miniaturised projection technologies with broad applications.

The tactical focus is on targeting products/applications that can be embedded into a range of mobile and/or hand held communication devices, such as mobile phones, PDA’s and notebook computers. The technologies have wide patent protection and have already received international acclaim; winning several awards in important international technology arenas.

Digislide Americas is a wholly owned subsidiary of Digislide Holdings Limited, and is a Delaware incorporated entity.

• end -

Further information contact:

Hean Siew Company Secretary

m: 0432 654 331 www.digislide.com.au

Page 3 of 3