UNION STAR METALS LTD — Board/Management Information 2017

Dec 10, 2017

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Thred appoints seasoned augmented reality executive

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Thred Ltd ( ASX : THD, Thred or the Company ) is pleased to announce the appointment of Paul Willey to lead Thred’s enterprise augmented reality (AR) company, Agent Reality.

Initially trained as a lawyer, Paul joined one of the UK's largest broadcast and film post-production groups in 2000. Since then, Paul has managed a broad portfolio of creative projects and clients in Australia, the UK, USA, India and China.

Having worked on feature films, television series, commercials, and corporate projects, Paul's experience and passion for immersive narratives has found a natural home in the burgeoning virtual reality (VR) and augmented reality sectors.

Thred Managing Director, Geoff Marshall, said: “We are delighted to have Paul join us at this exciting time. His commercial, creative and business development experience will provide the company with strong leadership, as he becomes a key member of the management team.

Paul’s virtual and augmented reality background means he’s hit the ground running, bringing deep AR experience to our team, along with valuable existing client relationships that will undoubtedly shorten our sales lead times.

Furthermore, being a subject matter expert in the virtual and augmented reality space, Paul is often sought-after to speak at VR and AR conferences and events.”

Thred: Thred Limited (ASX: THD) is a technology company with expertise in geo-location, augmented reality and new communication technologies which yield big data. Thred has developed an in-market version of its new augmented reality and geo-locked chats platform, called Sweep .

Sweep will continually innovate features to leverage important new technologies such as, but not limited to, augmented reality and geo-location. The Company will also progressively integrate proven and tested AR and geo-locked features over the coming months to increase its user audience and drive revenue growth via a new and effective business model. Sweep is now available through iTunes & Play Store. Following a period of user feedback around Sweep features, Thred will periodically release a schedule of updates to Sweep, delivering new features and improvements to increase its user uptake and retention.

Thred has also established an enterprise version of its business model called Agent Reality . This is intended to leverage the Sweep platform technology and capabilities and provide them to brands and 3[rd] party distribution channels. This model delivers the duality of mutual learnings across both consumer and enterprise models while establishing multiple monetisation channels for our Company.

Forward Looking Statements

The material in this document has been prepared by Thred & is general background information about Thred’s activities. The material may contain forward looking statements including statements regarding Thred’s current situation, intent or current expectations with respect to Thred’s business.

While Thred has taken all reasonable care in compiling & producing the material, the material has not been verified; is given in summary form & any forecasts & hypothetical examples may be subject to uncertainty & contingencies outside Thred’s control.

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Sweep and Agent Reality are Thred Innovations

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Investor and Media Enquiries: Georgie Morell 0438 008 383

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