agm

From the AGM

- All resolutions passed.

- Launched new "Cashpod" ATM...physical machine demonstrated at meeting

- Aim to sell approx 100ATM/mth to NZ through 2009

- Aim to have 2500-3000 deployed in China 2009

- "Cashpod" ATM is APCA compliant with no restricions, competitors ATMs are either not compliant or have conditions attached.

- NAB Business Relationship Managers to be trained in coming months to assist with the previously agreed refferal agreement.

-Possibility of relocating manufacture from Korea to China to further reduce costs.

-Benefits of Direct Charging were a bit sketchy ...to early to say the benefit or impact on transaction habits.

-Funding may be sourced through either debt or equity depending on the best outcome for shareholders at the time.

Regards