ORCODA LIMITED — Capital/Financing Update 2014

May 19, 2014

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**SmartTrans

secures
$1.38
million
revenue
in
online
software
contracts**

Recurring
revenue
from
new
contracts
underpins
SMA’s
ongoing
investment
in
mobile
and
online payments
platform
for
China
Market

• Total
  value
  of
  contracted
  revenue
  of
  $1.38
  million
  with
  $675,000
  in
  year
  one

• Logistics
  software
  contracts
  secured
  with
  Fairfax
  Media,
  BAM
  Wine
  and
  Sigma
  Pharmaceuticals

• Strengthens
  SMA’s
  growing
  recurring
  revenue
  base

• Gives
  SMA
  further
  flexibility
  to
  invest
  in
  mobile
  and
  online
  platform

20
May
2014: Mobile/online
payments
platform
and
logistics
software
provider SmartTrans
Holding
Limited (ASX:
SMA) (‘SmartTrans’) today
announced
that
it
has
secured
two
new
contracts
and
one
contract
expansion
for
its
mobile
and online
logistics
software
business,
strengthening
the
company’s
recurring
and
predictable
revenue
base.

These
contracts
deliver
SmartTrans
cumulative
revenue
of
$1.38
million
over
a
three-­‐year
term.
Approximately
$130,000 was
received
during
the
negotiation
phase
with
another
$545,000
expected
to
be
realised
in
the
first
12
months
mainly through
implementation
and
set
up
fees.

The
contracts,
which
are
all
for
three-­‐year
terms,
include:

• Implementation
  by
  Fairfax
  Media
  of
  SmartTrans’
  proprietary
  mobile
  and
  online
  logistics
  system
  to
  ensure
  efficient delivery
  and
  monitoring
  of
  the
  group’s
  print
  publications.

• Implementation
  of
  the
  same
  technology
  by
  leading
  wine/FMCG
  warehousing
  and
  logistics
  company,
  BAM
  Wine.

• A
  renewal
  of
  an
  existing
  agreement
  with
  Australian
  pharmaceutical
  wholesaler
  and
  supplier
  Sigma
  Pharmaceuticals.

SmartTrans’
logistics
system
utilises
the
same
proprietary
software
that
underpins
the
mobile
and
online
billing
and payment
platform
that
the
company
is
successfully
rolling
out
in
China.
SmartTrans
has
agreements
in
place
there
with China
Mobile , CMPay , Union
Pay and Alipay .

SmartTrans’
Managing
Director
Bryan
Carr
stated:
“These
are
important
contracts
for
SmartTrans
as
they
provide
the company
with
stable
and
predictable
revenues
over
an
extended
period.
This
in
turn
gives
us
the
flexibility
to
pursue expansion
opportunities
for
our
mobile
and
online
payment
and
billing
platform
in
China,
which
remains
our
primary focus
and
future
growth
driver.”

“We
also
see
scope
to
introduce
our
logistics
software
to
the
China
market
through
our
existing
and
future
partnerships
– we
see
this
as
a
complementary
offering
to
the
billing
and
payments
platform.”

Mr
Carr
added
that
third
parties
continue
to
show
strong
interest
in
joint
ventures
and
licensing
agreements
for
the company’s
mobile
and
online
billings
platform
as
a
means
of
gaining
access
to
the
Chinese
market
and
that
such opportunities
are
being
examined
by
SmartTrans’
management.

“There
are
a
number
of
opportunities
for
growth
and
expansion
in
China
that
we
are
currently
assessing.
Naturally
we
will continue
to
keep
shareholders
informed
about
our
progress
here
over
the
coming
months.”

-­‐ENDS-­‐

Further information please contact: Bryan
Carr Managing
Director AUST:
+61
412
111
968 CHINA:
+86
138
1188
8401

Media
inquiries
to:
Ben
Jarvis,
Six
Degrees
Investor
Relations:
+61
413
150
448 Beijing Melbourne Sydney 101, Building 22, Level 1 G.05 Courtyard 4 Gongti Bei Lu 10 Queens Road 55 Miller St Chaoyang District MELBOURNE PYRMONT BEIJING CBD, 100027 VIC 3004 NSW 2009 Ph: +86 (10) 6500 0910 Ph: (03) 9866 7333 Ph: (02) 9660 4564

**About

SmartTrans**

SmartTrans
Holdings
Limited
(ASX:
SMA)
is
a
leading
Australian
technology
and
software
provider
that
has
developed
a
mobile
and online
billing
and
payment
platform
for
the
China
market.
The
company
has
agreements
in
place
with China
Mobile,
CMPay, UnionPay
and
Alipay. With
the
growing
use
of
the
smartphone
as
a
billing
device
in
China,
the
company
is
experiencing
significant 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
contracts
in
place
with
the
company.
SmartTrans
is
assessing growth
opportunities
for
its
logistic
offering
in
China
to
complement
its
mobile
and
online
payments
platform.

Beijing

Beijing Melbourne Sydney 101, Building 22, Level 1 G.05 Courtyard 4 Gongti Bei Lu 10 Queens Road 55 Miller St Chaoyang District MELBOURNE PYRMONT BEIJING CBD, 100027 VIC 3004 NSW 2009 Ph: +86 (10) 6500 0910 Ph: (03) 9866 7333 Ph: (02) 9660 4564