Ann: Operations Update - TSI India-TSN.AX, page-32

Tony (or anyone else)
When you get chance, please would you give me your thoughts on the last paragraph which I found very intriguing:

"TSN intends to support TSI India in its endeavours of achieving strong and consistent growth by identifying innovation and technology opportunities in the e-transaction sector that can be provided to TSI India to provide opportunities for increasing its revenue lines to the large and expanding, base of customers in one of the largest and fastest growing economies in the world."

I may be over-analysing it but I read this as almost being a royalty / IP licencing type arrangement that TSN is looking to achieve with TSI?

Thanks

MartyW