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ZIMI LIMITED Capital/Financing Update 2018

Feb 13, 2018

66122_rns_2018-02-13_78c6e972-37bb-424f-9769-1433f23a1fd8.pdf

Capital/Financing Update

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Quantify Launches World Class Power Outlet

ASX RELEASE

14 February 2018

Highlights

  • Quantify launches new General Purpose Outlet (GPO or Power Outlet) and Glass Switch Fascias

  • Improved design result of continuous improvement strategy and customer feedback

  • Simplifies manufacture process and reduces input costs

  • Features world class industrial design techniques and improvements to user experience

  • Delivered as part of the Company’s CY2018 go-to-market strategy

Quantify Technology Holdings Limited (ASX: QFY) (‘Quantify Technology’ or ‘the Company’) is pleased to release an update on the progress and latest developments of our General Purpose Outlet (GPO or Power Outlet) and our wall mounted lighting controller (Dimmer).

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Taking feedback from our customers, partners and our own internal development review program, Quantify Technology have redesigned the Company’s Power Outlets and improved numerous key elements of the design – simplifying the manufacture process, lowering the cost of manufacture and redesigning the look and feel of the devices to deliver world class looks, feel and function. Meeting all Australian standards required, this device is simple to install in new buildings and retrofits, and conforms to the Company’s Qumulus platform standards ensuring interoperability with existing

Quantify Technology Holdings Ltd ABN: 25 113 326 524 Registered Office: Level 4, 216 St Georges Terrace, Perth WA 6000 Postal Address: P.O. Box 7315, Perth WA 6850

T: +61 8 6268 2622 F: +61 8 6268 2699

Quantify Technology devices and services. The first units released will be 10AMP devices suitable for general use across all building environments within Australia. They will integrate with the wider Quantify Technology platform using standards based 802.11 wireless communications. The outlets offer a full range of energy management features, local touch control and integration with the company voice control service.

“Quantify engineers are delivering more than just basic energy management tools,” Managing Director Mark Lapins said, “The company is continuing to strive to develop products that are not just functional but are also beautifully designed pieces. Feedback from initial showcasing of the products has been excellent.”

The engineering team is also due to release a new range of glass fascias for the Company’s existing AC Dimmer. The unique modular design of the Company’s hardware allows Quantify Technology to release updates, features and hardware components without a complete re-engineer of existing hardware. Having worked with our real world customers using its existing switch fascias, the Company’s dedicated User Experience (UX) engineers and industrial designer set about delivering the best possible user experience based upon feedback from customers.

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Quantify Technology Glass Fascia operational states – at rest, user interaction and status feedback.

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Quantify Technology Holdings Ltd ABN: 25 113 326 524 Registered Office: Level 4, 216 St Georges Terrace, Perth WA 6000 Postal Address: P.O. Box 7315, Perth WA 6850

T: +61 8 6268 2622 F: +61 8 6268 2699

The result is a paradigm shift in the user experience for the humble light switch. Beautiful, functional, manageable and available CY2018, this switch offers significant user enhancements by including user haptic (vibration) feedback, informative switch fascias and a wider range of user features. Energy management and control is still the core functionality of the product with the focus of the redesign enhancing the usability and aesthetics of the device.

Development is also continuing on the voice integration, with engineers moving the solution to a production ready version in the coming months. The Company is confident that allowing customers to control and manage their home, building and energy management with conversational commands will deliver the greatest gains.

-ENDS-

Further Information: Corporate Relations & Media Enquiries E: [email protected] P: +61 (8) 6254 0200

About Quantify Technology

Quantify Technology Holdings Limited (ASX: QFY) (‘Quantify Technology’ or the ‘Company’), a unique and disruptive player in the multi-billion Internet of Things (IoT) market. Quantify Technology is a first mover in the IoT market and primarily develops hardware and software devices that enable the monitoring and management of the next generation of internet- enabled devices (such as lighting, power, heating and cooling systems) installed in buildings. Its patented flagship product, the Q Device, provides real-time evaluation of environmental and risk factors for building occupants, as well as proactively managing services and utilities to ensure the highest levels of efficiency are achieved to create Quantify Technology Truly Intelligent Buildings[TM] . The Company’s products are designed to be retrofittable, cost effective, simple, scalable, extensible, autonomous and secure, and aim to allow IoT solutions to become part of the fabric of buildings, redefining the industry standard with a view to making Quantify Technology’s solution the platform of choice.

Quantify Technology Holdings Ltd ABN: 25 113 326 524 Registered Office: Level 4, 216 St Georges Terrace, Perth WA 6000 Postal Address: P.O. Box 7315, Perth WA 6850

T: +61 8 6268 2622 F: +61 8 6268 2699