Ann: Extension of Microsoft US Co-Marketing Agreement, page-2

Extension of Microsoft US Co-Marketing Agreement In

November 2015, LiveTiles entered into a Co-Marketing Agreement with Microsoft Corporation under which LiveTiles Design is being marketed to all United States Office 365 commercial customers with a licensed user base of more than 250 seats. Under the program, LiveTiles Design is being offered to new LiveTiles customers in the United States for a free licence period of three months. The program was initiated after the US Thanksgiving holiday period in late November. Within a 5 week period, the program has led to engagement with organisations representing a substantial aggregate employee base, including several large enterprises. In addition to generating customer opportunities, the campaign has significantly enhanced the awareness and understanding of LiveTiles’ products throughout Microsoft’s direct sales teams and its extensive partner ecosystem in the United States. Based on the early success of the program, LiveTiles has agreed to extend the offer period under the Co-Marketing Agreement until 31 March 2016 (previously 31 December 2015). LiveTiles’ proprietary software tools operate together with Microsoft’s cloud collaboration platforms and enable businesses to rapidly build and deploy modern solutions, including intranets and extranets, to their operations. LiveTiles’ products are touch-enabled, mobilefriendly, device-agnostic and easy to configure. LiveTiles has three software products:  LiveTiles Design: a modern user interface design tool for Microsoft SharePoint and Office 365 (paid version launched in February 2015).  LiveTiles Build: an industry-first software tool that automatically and rapidly generates Microsoft SharePoint site architecture (launched in October 2015).  LiveTiles Mosaic: enables K-12 teachers to easily create modern, touch-friendly online classrooms which seamlessly integrate with Office 365 (launched in 2014). LiveTiles’ products are actively targeting the large installed base of Microsoft SharePoint which has an estimated 200 million users globally.