VINYL GROUP LTD — Capital/Financing Update 2011

Jul 10, 2011

==> picture [175 x 37] intentionally omitted <==

==> picture [175 x 37] intentionally omitted <==

==> picture [175 x 37] intentionally omitted <==

For immediate release

ASX CODE: MBO

Date: 11 July 2011

MOBILARM SECURES CONTRACT WITH PORTUGUESE NATIONAL FISHERMAN’S ASSOCIATION

• Significantly extends MBO’s footprint in commercial marine sector

• 140 units to be supplied this month – order value €54,000 (A$73,000)

• Initial contract part of anticipated broader roll-out

• Contract part of a 90% EU funded, €4 million tender to strengthen safety for Portuguese commercial fishing personnel

• Contract a precursor to upcoming legislation making use of beacon and flotation suits mandatory for commercial fisherman in Portugal

• Portugal is second EU country behind Spain to implement safety based legislation for commercial fishing industry

• Spain currently utilising 38,000 Locator Beacon Units supplied by Marine Rescue Technologies (“MRT”) which was recently acquired by Mobilarm

Perth, Western Australia: Global marine safety equipment provider, Mobilarm Limited (ASX: MBO ) today announced that the company has received a contract to supply 140 Crewsafe V100 VHF DSC Maritime Survivor Locating Devices (MSLD) for Portugal’s National Fisherman’s Association (Associação Pró-Maior Segurança dos Homens do Mar) (“APMSHM”). The order is part of a Portuguese Government initiative to strengthen the safety measures for personnel operating in the commercial fishing industry.

The order was secured following government approval from the Portuguese Ministry for Fishing and Agriculture to prepare and introduce new legislation making safety equipment mandatory for all commercial fishing operations.

The Ministry has also established a permanent committee, of which the APMSHM is a participant, formed to reduce the number of commercial fishing fatalities and man overboard incidents. The committee has issued a directive stipulating that it is mandatory for fisherman operating close to shore on open boats up to 9m to be equipped with personal radio distress beacons.

The APMSHM order was part of a €4 million tender for the safety equipment and beacons to address the new Ministerial requirements. The Mobilarm device was selected for the sub 9m fleet

following the efforts of Mobilarm’s Portuguese distributor, Zodport Equipamentos A. e Engenharia S.A. (“Zodport”).

Mobilarm Chief Executive Officer, Lindsay Lyon, said: “We are pleased to have secured a substantial order from the Portuguese National Fisherman’s Association, significantly strengthening Mobilarm’s presence in the global commercial fishing sector.

“Mobilarm is well positioned to capitalise on the broader expected roll-out of Maritime Survivor Locating Devices [MSLD] for all Portuguese commercial fishing operators, which follows Spain’s legislative lead with 38,000 MSLD being utilised in the commercial fishing sector as part of a safety initiative. The devices currently being utilised by Spain were supplied by MRT, with Mobilarm recently announcing the successfully acquisition of MRT last month.

“Field testing by Portuguese fishermen has already taken place, and the supply contract is further validation of Mobilarm’s leading technology. This has continued to be reinforced through recent contract wins with blue-chip organisations such as the US Navy, BHP Billiton and Apache Energy,” Mr. Lyon added.

-Ends-

Further details:

Lindsay Lyon Lorraine Coghill Chief Executive Officer Communications Manager Email lindsayl@mobilarm.com Email lorraineh@mobilarm.com Tel. +61 (0)409 531 738 Tel. +61 (0)8 9315 3511 www.mobilarm.com www.mobilarm.com

About Mobilarm Ltd:

Headquartered in Perth, Western Australia, Mobilarm (ASX: MBO) is one of the world’s leading brands in the rapidly growing man overboard product category. The Company’s marine safety equipment solutions remove risk from the workplace in the offshore oil and gas, defence and commercial marine industries, where regulatory compliance, Occupational Health & Safety and Director’s Liability are the major drivers for improved employee safety and Duty of Care.

Mobilarm owns patent pending technology that protects and saves lives in the marine workplace and enables every maritime vessel to become a marine Search and Rescue asset.

The Company’s Australian-designed emergency locator beacons and crew monitoring alarm systems for use aboard vessels and other marine facilities generate automatic and immediate

MOBILARM ASX ANNOUNCEMENT

2

alerts in emergencies involving personnel, integrate with GPS and onboard navigation systems and provide in-water tracking of man overboard casualties in the water.

Mobilarm has received enviable recognition for its products and design, winning two Seatrade awards for Safety, two Australian Design Awards and the Western Australia Worksafe Award.

Interviews with the CEO and further company information are available from the Mobilarm website: www.mobilarm.com/page/media_centre.html.

MOBILARM ASX ANNOUNCEMENT

3