Ann: Freeway by Syntonic Expands to India-SYT.AX, page-33

There were a lot of posters claiming/predicting that Syntonic had pivoted away from Asia and India recently, mainly based on the fact most of the news was coming from US activities. This goes to show that they are still on track with their original operational plan and nothing has changed.

Syntonic clearly have their eyes set on a global presence.

Q2 should see further revenue from TATA, Freeway SEA, Freeway USA and Freeway India. Thus far, in Q1, we could have only seen a small portion generated by Freeway SEA and from the TATA license. Add on the US plus India (which are both commercial launches) and it is fairly obvious it will be a growth quarter.

Great to see a bit of green today!