Ann: Market Update - Wangle Technologies, page-2

MARKET UPDATE - WANGLE TECHNOLOGIES (ASX:WGL)
 Wangle Technologies commences trading on the ASX following successful completion of the transaction.

 Equinix International Business Exchange™ (IBX®) data centres to expedite global roll out of the Wangle App technology.

 Implementation of new monetisation strategy has commenced to target 400,000 users by July 2018, with break-even expected by Q4 2016.

 Mr Cam Worth appointed as Chief Technology Officer to lead the ongoing development and commercialisation of the Wangle technology.

 Internal Android App Beta testing completed – demonstrating a stable network, with performance savings of up to 57% across key web platforms.

 Educational “How it Works video” released showcasing the App’s features and capabilities – Watch here: http://wan.gl?video=1

Wangle Technologies Limited (ASX:WGL) (Wangle or the Company) has today commenced trading on the Australian Securities Exchange (ASX), following the completion of the acquisition transaction by VTX Holdings Limited. In this announcement the Company provides investors with an update on the development and launch strategy of its revolutionary web optimisation technology.
An educational video has been launched today showcasing the consumer Application. The video introduces consumer’s to the App’s features and capabilities, including use of its user-friendly dashboard, which enables users to monitor their data consumption and savings across platforms with the Wangle App.