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YOJEE LIMITED Capital/Financing Update 2019

Jul 10, 2019

66110_rns_2019-07-10_1d1e2cbe-a41f-4c77-ad3c-46e41199d351.pdf

Capital/Financing Update

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11 July 2019

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YOJEE GROWTH AND VALIDATION CONTINUES

HIGHLIGHTS

  • Yojee has continued its strategic growth across industries, sectors and international borders, with its latest initiatives in the economically massive global logistics, retail and transport sectors.

  • In Cross-Border Logistics, Yojee has commenced the commercial period of the recently announced global leader logistics customer, with the first setup and recurring fees arriving.

  • The Company has successfully deployed and monetized its solution with omni-channel global retail conglomerate Landmark Group using Yojee’s core product in the $4b+ omnichannel software market.

  • The Company has proven its agility through the application of standard Ai and fleet management in the passenger transport market where bus and coach companies contribute to $52b in global revenue.

Yojee Limited ( Yojee or the Company ) (ASX: YOJ ), is an Artificial Intelligence backed Logistics Software as a service ( SaaS ) product for businesses of all sizes. The Company is pleased to share a corporate update in regards to the continued growth and validation in global verticals traditionally supported by large legacy enterprise solution companies.

Yojee achieves in logistics

The Company’s innovative enterprise grade technology has achieved first payments from 3 large verticals, including from its global top 10 logistics customer announced 15[th] May 2019, where monthly recurring fees and setup fees have commenced being received from the customer.

The Global Third-Party Logistics Market is currently estimated at $1.23 trillion. In support of its key projects and enterprise strategies Yojee has secured a senior executive, Paul Bell, to oversee the deployment of its key projects to support a rapid transformation and adoption process with engagement across management and operational staff.

Yojee technology is validated omni channel retail software

Landmark Group has chosen to proceed with Yojee following a successful pilot where the companies software and network supported the company in Malaysia, with a view to rolling out in other countries. Landmark Group is one of the largest retail and hospitality conglomerates in the Middle East, Africa, Asia and India. with over 2,300 outlets across 22 countries and brands such as Steve Madden, Nandos and Babyshop.

Suite 9, 330 Churchill Avenue, Subiaco WA 6008 Ι PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 Ι F + 61 8 6489 1601 Ι ABN 52 143 416 531

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In proving its technology in the Omni-Channel Retail market, a $4.0 billion market where brands focus on customer experience and efficiency, the Company can take its success to continue to develop it’s strong pipeline of global Omni Channel customer by offering unique solutions.

The companies unique artificial intelligence backed solutions include the ability to manage and optimise many service types including; store stock replenishment, domestic line haul (bulk) and last mile ecommerce (parcel), store to door express (similar to amazon prime) and other fulfilment methods from a single platform.

Landmark’s Senior Manager, Supply Chain South East Asia, Eric Chua said “ We chose Yojee to improve our company across B2B and B2C activity and have a single system for tracking purposes. Also, Yojee provides capabilities to grow or expand into other countries and territories with our company.

Yojee has available all the systems and modules to fix our business model and can be easily implemented without major customisation. It has also helped to partner with new logistic service providers through the Yojee Network. The system has helped to eliminate manual processes such as creating reports and delivery notifications and provides good support to ensure smooth operations.”

Yojee software and its ability to provide data driven, asset light networks is appealing to brands and retailers to service stores and customers across markets with accuracy and reliability.

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Suite 9, 330 Churchill Avenue, Subiaco WA 6008 Ι PO Box 866, Subiaco WA 6904

P + 61 8 6489 1600 Ι F + 61 8 6489 1601 Ι ABN 52 143 416 531

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Yojee extends its capability in the global passenger transport market

Yojee’s Version 2 software has proved so flexible and capable that it has been able to support use cases beyond traditional freight logistics. The Company is pioneering work with an Australian passenger transport customer to utilise Yojee’s artificial intelligence and web and mobile apps for day to day operations.

The Passenger transport industry – a $54b industry globally, is another industry dominated by legacy technology with little next generation technology penetration. Following the success of its first transport customer, Yojee has been approached by a number of global bus companies (some of which have up to 5,000 buses) looking to utilise Yojee technology for planning and scheduling.

For Investor Enquiries, please contact:

[email protected]

About Yojee Limited Yojee Limited (ASX: YOJ) , a new, future ready platform technology company developing powerful logistics and supply chain management capabilities via its world-class blockchain secured software and expansive partner network across South East Asia and Australia.

www.yojee.com

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FORWARD LOOKING STATEMENTS

Certain statements contained in this ASX release, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements:

(a) are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies;

(b) involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements; and

(c) may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. The Company disclaims any intent or obligation to publicly update any forward-looking statements, whether as a result of new information, future events or results or otherwise.

The words “believe”, “expect”, "contracted”, “anticipate”, “indicate”, “contemplate”, “target”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, “schedule”, “planned” and similar expressions identify forward looking statements. All forward looking statements contained in this ASX release are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.

Suite 9, 330 Churchill Avenue, Subiaco WA 6008 Ι PO Box 866, Subiaco WA 6904

P + 61 8 6489 1600 Ι F + 61 8 6489 1601 Ι ABN 52 143 416 531