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VINYL GROUP LTD Capital/Financing Update 2014

Sep 2, 2014

66014_rns_2014-09-02_9a1512a5-cbc8-4308-ba79-3479cfd15697.pdf

Capital/Financing Update

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ASX CODE: MBO

==> picture [175 x 109] intentionally omitted <==

ASX ANNOUNCEMENT AND MEDIA RELEASE

Date: 3 September 2014

**Mobilarm

announces
A$1.8
million
rental
agreement**

  • Continued
    growth
    of
    rental
    book
    securing
    long
    term
    cash
    flows

  • Additional
    purchase
    in
    excess
    of
    A$276,000
    for
    sMRT
    Stations

Mobilarm
subsidiary
Marine
Rescue
Technologies
today
announced
the
signing
of
a
five-­‐year
rental contract
for
the
supply
and
service
of
the
new
sMRT
V100
beacon
and
sMRT
life
jacket
to
the
international fleet
of
Polarcus
DMCC,
a
world
leading
geoscience
organisation.

MRT
CEO
Ken
Gaunt
commented:
"Polarcus
has
an
incredibly
safety
conscious
culture
and
our
team worked
closely
with
Polarcus
to
evaluate
and
configure
a
best
of
breed
safety
solution.
We
are
extremely pleased
to
have
been
selected,
further
validating
that
MRT
not
only
provide
the
leading
technology
in
the market,
but
also
provide
unparalleled
service
throughout
the
entire
lifecycle
of
the
product.
Our
rental program
is
a
perfect
solution
for
customers
who
want
a
turnkey
solution
in
a
flexible
and
structured offering.

The
value
of
this
rental
contract
is
in
excess
of
AUD$1.8
Million.
We
keep
growing
our
rental
book,
further strengthening
the
long-­‐term
cash
flows
of
the
business
whilst
increasing
our
market
share.
This
order
is one
of
a
number
in
our
sales
pipeline
and
continues
building
on
the
growth
from
our
record
2014
financial year.

Polarcus
is
additionally
deploying
our
bespoke
portable
sMRT
Station
throughout
their
fleet
to
further enhance
their
search
and
rescue
capabilities.
We
are
emboldened
to
see
leading
organisations,
like Polarcus,
investing
in
the
necessary
level
of
safety
in
the
workplace
for
all
their
employees
and
partners whilst
at
sea.”

-­‐Ends-­‐

Further details

Ken Gaunt Email: [email protected] Chief Executive Officer Tel.: +61 417 961 770 Tel.: +44 782 731 4442 www.mobilarm.com