ORCODA LIMITED — Capital/Financing Update 2014

Nov 17, 2014

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**SmartTrans

confirms receipt of $1.8 million from recently completed private placement**

• Funds of $1.8 million received from recently completed private placement to strategic investors

• SMA now well capitalised to build and strengthen revenue streams in China

• Funds will be deployed to further develop and increase uptake of mobile payments platform

• Company looks to secure additional agreements with third parties to leverage position

18 November 2014: Mobile and online payments platform and logistics software provider SmartTrans Holdings Limited (ASX: SMA) (‘SmartTrans’ or ‘the Company’) is pleased to confirm that it has received funds of $1.8 million as proceeds of a recently completed private placement to strategic sophisticated investors (as reported to shareholders on 30 October 2014).

As previously communicated to shareholders, SmartTrans plans to use these funds to fast-­‐track growth in the revenue streams it is now enjoying from its operations in China where the Company has been focusing its efforts.

The funds will be applied to achieving revenue growth and expansion of the company’s proprietary mobile payments platform in China and to strengthen third party uptake of the platform within China and also in key international markets.

The Company feels that it is well placed in the China market, particularly with the direct-­‐to-­‐phone billing arrangements it has in place with the three major telcos here – China Mobile, China Unicom and China Telecom – who report that they collectively have some 1.3 billion mobile subscribers¹.

In addition, SmartTrans now has agreements in place with six well-­‐regarded Chinese smartphone game developers to have its mobile payments platform integrated into their Apps. The Company has seen promising early signs of good net revenue returns from this activity, as communicated to the market on 12 November 2014.

SmartTrans Managing Director Bryan Carr commented: “The receipt of these funds is a significant milestone for SmartTrans, as we are now well capitalised to build and strengthen the revenue base we have attained in China and to pursue further growth here.”

“We continue to progress negotiations with third parties wishing to access the China market through the use of our payments platform and we look forward to updating the market on these developments in the near future.”

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1. Source: Source: www.chinamobileltd.com, www.chinaunicom.com, www.chinatelecom.com.cn Further information please contact: About SmartTrans Bryan Carr SmartTrans Holdings Limited (ASX: SMA) is a leading Australian technology and software provider that Managing Director has developed a mobile and online billing and payment platform for the China market. The company has agreements in place with China Mobile, China Unicom, China Telecom CMPay, UnionPay and Alipay. With AUST: +61 412 111 968 the growing use of the smartphone as a billing device in China, the company is experiencing significant CHINA: +86 138 1188 8401 uptake of its technology in that market. SmartTrans has also developed cutting-­‐edge proprietary logistics software which is used by some of Australia’s leading blue-­‐chip organisations who have long term Media inquiries to: Ben Jarvis, contracts in place with the company. SmartTrans is assessing growth opportunities for its logistic offering Six Degrees Investor Relations: in China to complement its mobile and online payments platform. +61 413 150 448

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