Ann: DTS Completes Nationwide Rollout of its AI Camera in ANZ, page-7

Hi,

I went to the AGM this morning and had a chat to Ido.

My understanding is that the feedback from franchisees is very positive. He wasn't able to confirm any new deals as nothing is signed yet but he sounded confident that there will be new stores be contracted in the not too distant future.

DTS is particular active in the UK, Germany and now also in the US after the patents have been granted in the US..

The current focus is to get the foot in the door in as many fast food outlets as fast as possible. The aim is to get DTS' tech installed 100,000 + stores.

Ideally installations can even be accelerated and we reach 3,000 stores by the end of the year.

The 25,000,000 performance shares are likely not to be issued as the company won't reach EBITDA of US$5,5 Mill.

DTS has no problem to access additional capital and the aim is to raise any new capital at a premium to the share price.

Hope we will make some inroads in the US before the end of the year.

One other thing. The installation fees are only there to cover the cost of installations, so the focus should be on recurring revenue per month when valuing the company.

K