Ann: Full Year Results Announcement, page-4

Very positive IMO.
Particularly like the SaaS virtual encryption growth potential.

Key revenue growth drivers will include:
• A tightening global regulatory landscape around data protection and data breach notification
• Significantly expanded use cases for Senetas’s products with the capability for transport layer interdependence across Layers 2, 3 and 4
• Market adoption of virtualised (software based) encryption allowing Senetas to penetrate deeper into customer networks with cost-effective, flexible and easy to deploy and manage encryption solutions
• Increased momentum towards adoption of 100Gbps networks
• Increasing market penetration with traditional Senetas high speed encryptors
• The development of further new technology partnerships that incorporate Senetas’s technology
• A larger portion of the overall revenue being derived from software based solutions being delivered as a service (SaaS)
• The software based solutions will deliver an increasing portion of annuity style revenues.

Cheers,