Ann: JCT Healthcare Acquisition Update-XPE.AX, page-61

Given what we know right now, I think everyone is focusing too much on the chippie announcement and ignoring the Telink relationship. To me Telink is more significant as we already know that the two companies are working on embeding ADRC onto the Telink chips. If integration can be achieved then we will have a significant revenue stream right there. Ive read Telink produce up to 100m chips per year. At a licencing fee of between $1 to $1.50 we are talking at least $100m revenue without ongoing operating costs needed to generate it. The chippie announcement still has too much uncertainty around it until we hear more. The key question is how long will the Telink chip integration take to achieve to production?