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SWIFT TV LTD Capital/Financing Update 2018

Dec 16, 2018

65874_rns_2018-12-16_20049aa1-a197-4094-a70c-25b66a88f961.pdf

Capital/Financing Update

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----- Start of picture text ----- ASX RELEASE17 [th] DECEMBER2018 ASX: SW1----- End of picture text -----

SWIFT WINS ENTERTAINMENT INFRASTRUCTURE CONTRACT WITH PINDAN

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HIGHLIGHTS:

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  • Swift wins material design and construction contract with leading nationwide construction and property development group Pindan.

  • Contract will see Swift support the 2019 construction of a

    • 780-room camp in Western Australia’s Pilbara region.
  • Project to contribute materially to Swift’s revenue in FY19, with scope for an ongoing services contract to follow.

Leading communications, content and advertising solutions provider Swift Networks Group Limited (ASX: SW1, “Swift” or “the Company”) is pleased to advise that it has won a material new contract to provide its award-winning suite of entertainment and connectivity services to a large construction camp in Western Australia’s remote Pilbara region.

Swift will engage with Pindan Group Pty Ltd, a fully integrated nationwide construction and property development group, to provide its services to a large tier-1 mining company end-client.

RESOURCES DOMINANCE CONTINUES: Pindan has been contracted to build a 780-room construction camp in the Pilbara for a recently-approved multi-billion dollar mining project.

Swift’s contract with Pindan will cover the design and construction of network infrastructure, TV headend and the supply of media technology for information and content delivery.

SWIFT CHIEF EXECUTIVE OFFICER, XAVIER KRIS, SAID:

“We are thrilled to extend our partnership with Pindan, a leader in property and construction, to deliver content and connectivity to a globally significant mining company.

This new project reiterates the ‘best-in-class’ status of Swift’s telco and media solutions in the resources market. With construction at the camp set to begin next year, we expect the project to contribute materially to Swift’s revenue in FY19 and are hopeful of an ongoing services contract to follow.”

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----- Start of picture text ----- ASX RELEASE11 [th] DECEMBER 2018ASX: SW1----- End of picture text -----

ABOUT SWIFT NETWORKS GROUP LIMITED

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Swift Networks Group Limited (ASX: SW1) is a diversified telecommunications, content and advertising solutions provider. Swift empowers guests to watch, play, connect and interact and provides accommodation providers with meaningful insights and opportunities to drive new business. Swift delivers customised content, communications and targeted advertising across secure closed networks. Swift’s services include free-to-air television, pay television, telecommunications, video on demand with content from some of Hollywood’s largest studios, integrated advertising and analytics. Running more than 360 sites (approximately 63,000 rooms) across the mining, oil, gas, aged care, retirement village and hospitality sectors, Swift’s fully integrated platform is deployed in some of the world’s harshest regions, where reliability, flexibility and scalability are critical success factors.

FOR MORE INFORMATION, PLEASE CONTACT:

Xavier Kris Tim Dohrmann

Chief Executive Officer Investor and Media Relations +61 8 6103 7595 +61 468 420 846 [email protected] [email protected]

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