Ann: Appendix 4C- Quarterly Commentary, page-2

Well it was obvious that we weren't to see any great earnings at this point and time in the game, but there are a few interesting points in this that struck me as to how big this thing can/will get and very quickly this year especially as the operating platform comes online, also of interest is that they didn't include contracted revenues, I've underlined a few points that caught my eye:


27 February 2015
1-PAGE QUARTERLY COMMENTARY
1-Page Limited (ASX: 1PG) (“1-Page”), the enterprise cloud-based talent acquisition platform changing the way companies hire talent, has released its December Quarterly Appendix 4C today. The Company finished the quarter with $3.8m in cash, not taking into account the $9.63m received from two strategic parties subsequent to the end of the quarter.
Commenting on the 1-Page’s first full quarter listed on the ASX, Managing Director and CEO Mrs Joanna Weidenmiller said:
“In only a short time we’ve been able to build a significant list of enterprise clients and have impressive potential clients in the pipeline.
“We look forward to continuing to revolutionise the way companies source, assess and engage its workforce.
“The future at 1-Page is very exciting.”
Client Acquisition & Status of Deployments – Highlights
1-Page signed the following clients:

• Red Bull (1-Page Talent Assessment Platform)
• First Republic Bank (1-Page Sourcing Engine)
• Omnicom Media Group (Australia) (1-Page Sourcing Engine)
• Destination Hotels & Resorts (1-Page Talent Assessment and Internal Innovation Platform)
• Champs Sports (1-Page Talent Assessment Platform)
• Accenture (1-Page Sourcing Engine)
• Fitness First (Australia) (1-Page Sourcing Engine)
• Sears (1-Page Sourcing Engine)

Following the acquisition of BranchOut in November 2014 and receiving the data in mid-December 2014, 1-Page has built an operating platform that will be deployed and implemented to the clients that have signed with 1-Page. These clients include Accenture, First Republic Bank, Omnicom Media Group (Australia), Fitness First (Australia) and Sears.
The Company anticipates revenue will significantly increase following the deployment and implementation of the Sourcing and Referral Engine, which will also assist in converting the extensive pipeline of potential clients.
"In the past two months, we have aggressively scheduled product demonstrations with more than 50 enterprises interested in the 1-Page Sourcing and Referral Engine. The feedback has been overwhelmingly positive,” 1-Page Chief Revenue and Operations Officer Jeff Mills said.
“We have grown the Sales and Marketing department to support the on-boarding and growth of our existing client base and this increased demand in the 1-Page product offering."
Commenting on the potential of the 1-Page Sourcing and Referral Engine and its impact on 1-Page customers, Head of Customer Success Jeremy Malander said: “It's exciting to hear from clients how the 1-Page Sourcing and Referral Engine supports the variety of employee engagement tactics regardless of scope and size.
“By drastically scaling their prospective referral database, employers will be paying a fraction of the cost of industry standards. 1-Page and its clients are expecting to see material savings realised within the first week once deployed.”
R&D | Product Development – Highlights

• Releasing features via continuous integration deployment to existing 1-Page Talent Assessment and Internal Innovation Platforms
• Migrated all data from BranchOut acquisition to 1-Page Infrastructure
• Launched 1-Page Sourcing and Referral Engine version 1.0
• UX designed, product features documented, and development started on 1-Page Sourcing and Referral Engine version 2.0

“We have had a tremendous few months, including the hiring of a number of talented full stack engineers and a full time Data Scientist into our core technology team based in Sydney.
“All of our engineering teams around the world are, collectively, working hard to make continuous improvements to our platform of solutions.
“It has been a very exciting time with our sourcing and referral solutions and it keeps getting better as our product momentum builds and new clients come on board,” 1-Page Chief Technical Officer and Head of APAC Justin Baird said.
Corporate
The Company completed a $9.63m strategic placement subsequent to 31 January 2015 and begins the next quarter with a strong balance sheet to continue to capitalise on the massive market opportunity to ensure it delivers long-term value to shareholders.
The cash used for IPO, BranchOut acquisition, legal fees, technology migration and patent applications are all one-off expenses and are not a true representation of 1-Page’s future expenditure.
The figures reported do not include contracted revenues during the period.