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VERIS LIMITED Capital/Financing Update 2018

Aug 7, 2018

66021_rns_2018-08-07_3bc9ce54-a7f7-4ebb-b580-4c487732f320.pdf

Capital/Financing Update

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ASX/MEDIA RELEASE - VRS

8 August 2018

Aqura Technologies Awarded New Works Packages - $5.6m

Veris is pleased to announce, Aqura Technologies continues to strengthen its revenue streams and has recently been awarded $5.6m of new contracts across its key service lines:

  • Industrial Wireless

  • Content Access Networks

  • Unified Communications

The projects involve all parts of Aqura’s business to provide services to key Tier 1 clients (Rio Tinto, BHP & Bunnings) and include the provision of turnkey project solutions and managed services to Aqura’s diverse clientbase across Australia and New Zealand.

Commenting on the Aqura’s awards, General Manager, Travis Young said:

“These awards from blue chip clients demonstrate Aqura’s diverse range of service capabilities across Australia and New Zealand and complement the industrial wireless projects performed by Aqura, with the recent completion of works for Rio Tinto, (Amrun, Queensland), where Aqura provided integral support in establishing secure, highspeed communications networks based on LTE technology. Aqura is in a strong position to deliver continued growth and drive value into the Veris business”.

Commenting on Aqura’s awards, Managing Director Adam Lamond said:

“Aqura, continues to increase revenue on the back of the recently announced three-year Services Contract with BHP (and its related body corporates). In addition, the continued relationship in providing managed service contracts to Tier 1 Clients across Australia and New Zealand solidifies Aqura’s position as a strong standalone business. These awards provide a strong order book of secured work for the FY19.”

– ENDS –

For further information please contact: Veris Corporate Office Tel (08) 9317 0628

Perth

Office Locations Over 20 offices Veris Limited across Australia ABN 80 122 958 178 veris.com.au/contactus

Level 12, 3 Hasler Road T 08 9317 0600 Locked Bag 9 F 08 9317 0611 Osborne Park WA 6017 [email protected] Australia veris.com.au

Version: VRS-TMP-113_5