SCIDEV LTD — Capital/Financing Update 2017

Jun 22, 2017

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Suite 105 48 Atchison Street St Leonards NSW 2065 Australia ABN 25 001 150 849

Phone: 61 0428 002 590 Email: admin@scidev.com.au Website: www.scidev.com.au ASX code: SDV

Companies Announcements Office Australian Stock Exchange

23 June 2017

First deployment of OptiFlox® System at major Australian dairy processing facility

• OptiFlox® System deployed at a New South Wales facility operated by Lion Dairy & Drinks, a major participant in the Australasian dairy industry

• The deployment of the OptiFlox® System in the dairy sector provides strong validation of the OptiFlox® System’s applicability across diverse industries

• It is anticipated that another OptiFlox® System will be deployed during the September Quarter at a manufacturing facility operated by another major participant in the Australasian dairy industry

• Company positioning itself at the forefront of the Industrial Internet of Things (IIoT) solutions for the Waste Water Treatment Industry – pipeline of opportunities strengthening across multiple sectors

SciDev Ltd (ASX: SDV) (‘SciDev’ or ‘the Company’) is pleased to announce it has broadened the industry footprint of its unique OptiFlox® System, following its deployment at a Lion Dairy & Drinks production facility. The OptiFlox® System is now deployed in both the dairy and coal industries.

The deployment of an OptiFlox® System at the Lion Dairy & Drinks facility follows the receipt of a purchase order, for an initial 12-month period, as announced on 29 March 2017. Lion Dairy & Drinks is a longstanding customer of SciDev. The commercial arrangements provide for the receipt of monthly payments for the provision of an OptiFlox® System together with concurrent chemical sales.

The deployment highlights SciDev’s ability to leverage its existing and longstanding customer base for wastewater treatment chemicals, to extend its sales pipeline for OptiFlox® Systems and subsequently convert those sales inquiries into revenue-generating contracts.

The OptiFlox® System is in the dissolved air flotation unit in the wastewater treatment plant of the dairy processing facility to continuously monitor water quality and maintain optimal flocculation conditions through automated, cloud-based, real-time chemical dosing.

The installation will complement existing and ongoing chemical sales at the facility, delivering productivity and cost benefits to the customer.

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It is anticipated that a further OptiFlox® System will be deployed during the September Quarter of 2017 at a dairy manufacturing facility in Victoria. This potential customer for an OptiFlox® System is one of the nation’s largest dairy producers and an existing customer for SciDev chemicals.

In addition, SciDev is also undertaking discussions with a range of industry participants including companies in the natural resources, energy, sewage and food processing sectors regarding potential trials of the OptfiFlox® System and looks forward to updating the market on this in the near term.

Kieran Rodgers Managing Director

Released through: Henry Jordan, Six Degrees Investor Relations +61 431 271 538

The OptiFlox® System has been developed to assist in the automation and optimisation of industrial wastewater treatment. The OptiFlox® System is a technology that continuously measures the fine particle quantity and surface charge resulting from ongoing fluctuations in flow rates and contained solids experienced within industrial wastewater operations. The measurement of these vital characteristics enables the automation and control of wastewater chemical dosing to achieve optimal flocculation conditions and water clarification performance.

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