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REMSENSE TECHNOLOGIES LIMITED Capital/Financing Update 2022

Feb 2, 2022

65684_rns_2022-02-02_ef80241f-7dad-4beb-8ee1-e9ca97bb3a2b.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

3 February 2022

RemSense Technologies Limited (REM) Update

  • Joins Amazon Web Services Partner Network

  • Extends Relationship with Matterport Inc.

Technology and engineering solutions company RemSense Technologies Limited (ASX: REM) (“ RemSense ”, “ the Company ”) is pleased to update progress with partnership arrangements for the Company’s Virtual Plant digital twin product.

RemSense joins the Amazon Web Services (AWS) Partner Network

RemSense is working with Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN) to further extend the development of Virtual Plant in its product roadmap for the first half of 2022. Virtual Plant will have enhanced capabilities to provide a scalable, enterprise grade solution for clients.

Managing Director Steve Brown said:

“The decision to collaborate with AWS and develop the next release of Virtual Plant on the AWS environment enables Virtual Plant to more easily integrate with our clients existing enterprise resource planning (ERP) systems and asset management solutions. Our full integration through Matterport and the common development platform provided by AWS both simplifies and extends the reach and capability of our industrial Virtual Plant product. The collaboration with AWS is a key step in our ongoing development of the Industrial Metaverse.”

Matterport Marketplace

RemSense has extended its partnership with leading spatial data company Matterport Inc. (NASDAQ: MTTR) to include full participation as the lead industrial partner promoted in the Matterport Marketplace. The Matterport Marketplace only features top tier partners and provides prospective clients with increased market awareness and direct access to RemSense and Virtual Plant. The Marketplace will launch in Q2 2022.

Additionally, we note that Matterport has further extended its own relationship with AWS as a launch partner for AWS’s “IoT TwinMaker,[1] a complementary product to Virtual Plant.

1https://matterport.com/blog/matterport-becomes-amazon-web-services-aws-partner

-ENDS-

R e m S e n s e T e c h n o l o g i e s L i m i t e d | Suite 173, 580 Hay St Perth WA 6000| +61 8 6118 5610 | [email protected]

ACN 648 834 771

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This announcement has been approved for release by the Board of RemSense Technologies Limited.

For further information:

Steve Brown Luke Forrestal Managing Director and CEO GRA Partners +61 8 6118 5610 +61 411 479 144 [email protected] [email protected]

About RemSense

RemSense Technologies Limited (ASX: REM). is a technology service provider based in Perth, Australia. It specializes in providing bespoke engineering and innovation, data capture and insights and Virtual Plant digital twin solutions across industrial, infrastructure and resource market sectors.

R e m S e n s e T e c h n o l o g i e s L i m i t e d | Suite 173, 580 Hay St Perth WA 6000| +61 8 6118 5610 | [email protected] ACN 648 834 771