Ann: SOR Quarterly Update and Appendix 4C, page-61

From an earlier ann re the Stealth/Honeywell tie-up - "Background IP and IP rights generated will be owned by the originating party. All materials and Intellectual Property Rights associated with the ASV, including any data generated by or in connection with the ASV, shall be owned by Stealth". Our guys are innovators and creators (that is SOR's strength) , Honeywell provides the commercialisation,( that is their strength). Contract only in place for 8 weeks now. If Honeywell wanted to just take the IP and reconfigure it , they had plenty of time to do it without signing into a contract. Expos/Events are where the sales come and we missed the Defence Expo in Brisbane. Honeywell have no reason to take this o/seas yet as there is no deal between the two parties. An issue for me is there is no advertising of the AxV on Honeywell's site that I can see. This our Stealth standalone site - https://www.stealthtechnologies.com.au/asv/#markets