pbi to get 1mill, page-19

lyndon ...

and some more for you ... sorry i was wrong on the home grown simulators 57% profit margin (although that doesnt necessarily account for possible licensing fees they may receive)

www.premierbionics.com.au/downloads/PBI_Corp_Synergy_Report.pdf

�� Financial
MVL generates c.20% of its revenue from consultancy services (designing skills training
centres) and c.80% from the distribution and maintenance of medical simulators to hospitals
and universities primarily in Asia Pacific.

Immersion products are typically sold for A$0.1m at a 40% gross margin. Following the development of its own products such as the Epidural trainer, we
expect these sell at A$0.035m at a 57% gross margin.

MVL generates additional revenue
from support, training and upgrades.