ORCODA LIMITED — Earnings Release 2014

Apr 6, 2014

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SmartTrans achieves record March monthly revenue of $260,000

Focus on Chinese mobile and online payments operations continues

• Revenue from mobile & online operations up from $50,000 in March 2013 – a five-fold increase

• Fourth consecutive month of revenue growth

• Continued focus on expanding mobile and online payments operations in Chinese market

• Pursuing additional mobile and online payments expansion and JV opportunities in China

7 April 2014: Mobile and online payments platform and software provider SmartTrans Holding Limited (ASX:SMA) (‘SmartTrans’) today reported record monthly revenue attributable to SmartTrans of $260,000 for March 2014. This represents the fourth consecutive monthly increase in revenue for the company and it has been driven primarily by the company’s continuing focus on expanding its mobile and online payments business in China.

Revenue growth for March is a significant year-on-year improvement for the company with revenue from China & Hong Kong growing from $50,000 12 months ago. Year-on-year growth represents a five-fold increase.

SmartTrans has seen good utilisation of its mobile and online payments platform in China where the company has mobile payments and online billing agreements in place with China Mobile, CMPay, UnionPay and Alipay.

SmartTrans’ Managing Director Bryan Carr commented: “This is the fourth consecutive month of revenue growth and a clear indication that our strategy of pursuing growth opportunities for our mobile and online payments platform in China is delivering results. We are still in the early stages of growth in China, and we are confident that with the increasing use of smart phones as a billing device, we will continue to build our revenue base in what is a very large and growing market.

“We are also pleased to confirm that a number of third parties are assessing SmartTrans’ mobile and online billing platform as a means of gaining access to the Chinese market. Potential joint venture or licensing agreements are being examined by the Board, and if they materialise, they present SmartTrans with another growth platform for its mobile and online payments platform in China.”

Mr Carr said that SmartTrans is also assessing prospects in China for its mobile and online logistics software. The logistics software is the underlying technology behind the company’s mobile and online payments platform, and SmartTrans is currently pursuing a number of new contracts to generate additional recurring revenue streams.

“While our absolute priority is on growing the mobile and online payments business, SmartTrans’ mobile and online logistics software is complementary to our payments operations. We are examining opportunities to introduce the technology to the Chinese market as a means of offering a mobile payments solution for the multitude of logistics companies operating in China. We will continue to update shareholders on our progress in 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 6th Floor, West Tower, Level 1 G.05 Prosper Center 10 Queens Road 55 Miller St 5 Guanghua Road MELBOURNE PYRMONT BEIJING CBD, 100022 VIC 3004 NSW 2009 Ph: +86 (010) 8573 1101 Ph: (03) 9866 7333 Ph: (02) 9660 4564