VINYL GROUP LTD — Earnings Release 2015

Sep 30, 2014

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ASX ANNOUNCEMENT AND MEDIA RELEASE ASX CODE: MBO

Date: 1 October 2014

**Mobilarm

announces
record
finish
to
first
quarter**

• Company
  closes
  $3.9M
  in
  orders
  during
  the
  first
  quarter
  of
  the
  2015
  financial
  year

• This
  total
  represents
  54%
  of
  the
  full
  2014
  financial
  year

Mobilarm
Limited
and
its
primary
subsidiary
Marine Rescue
Technologies
(“MRT”)
announces
a
record
finish to
its
first
quarter,
with
$3.9M
of
customers
orders secured.
This
represents
54%
of
the
full
2014
financial year’s
orders.
The
rental
orders
for
the
quarter increased
the
Company’s
total
rental
book
to
$3.5M, increasing
its
recurring
revenue
for
future
periods.

54% of FY14 or 81% of FY13 in the 2015 first quarter alone

Mobilarm
CEO
Ken
Gaunt
commented:
"We
are ecstatic
with
the
start
of
the
year.
Some
key
wins with
great
customers,
but
this
is
just
a
start.
We
will have
a
record
year,
not
just
a
record
quarter.
We

will
continue
the
momentum
for
the
next
quarter
and
the
rest
of
the
year.
Customers
are
truly
embracing
our approach
to
safety,
which
goes
beyond
our
competitors.
Our
rentals
are
providing
a
unique
solution
to
the market
and
our
service
offerings
are
being
embraced
by
our
customer’s
commitment
to
total
safety.
Our technology
roadmap
will
make
sure
we
stay
ahead
by
constantly
innovating.
We
continue
to
validate
this
with the
introduction
of
new
products
such
as
the
sMRT
SOS
Dan
Buoy,
and
sMRT
V100
EX
which
opens
up additional
customers
and
markets
for
our
operation.”

Mobilarm
CFO
Jorge
Nigaglioni
added:
"After
our
near
breakeven
2014
financial
year,
this
record
quarter
is the
start
to
a
profitable
period
for
Mobilarm.
Our
focus
on
long
term
recurring
revenues
will
make
sure that
we
have
ongoing
results
from
our
wins,
not
just
one
off
transactions.
The
first
two
years
of
this
shift
in strategy
laid
the
foundation
needed
to
truly
grow
the
business
and
grow
it
to
be
considerably
larger
and profitable.
We
have
invested
in
our
future,
with
new
products
and
new
infrastructure
to
support
expanded service
and
comprehensive
safety
solutions.
We
will
now
leverage
this
investment
and
grow
it
on
a
global basis.
This
business
model
will
enable
us
to
stabilise
our
ongoing
cash
flows
from
operations
during
this growth
phase
and
allow
us
to
pursue
additional
growth
opportunities
in
this
market
space.”

-- Ends-- -­‐‑ -­‐‑ Further details Ken Gaunt Email: keng@mrtsos.com Tel.: +61 417 961 770 Chief Executive Officer Tel.: +44 782 731 4442

TEL. +61 8 9315 3511 MOBILARM LIMITED (ABN 15 106 513 580) FAX. +61 8 9315 3611 38 GUTHRIE STREET PO BOX 1837 OSBORNE PARK 6916 WESTERN AUSTRALIA WWW.MOBILARM.COM INFO@MOBILARM.COM