Ann: Quarterly Activities Report-ZYB.AX, page-2

ASX Announcement
QUARTERLY UPDATE WITH ZYBER MAKING SIGNIFICANT PROGRESS TOWARDS COMMERCIALISATION MILESTONES
Highlights

•   Zyber makes significant progress towards commercialisation of its platform with the signing of a strategic partnership and Proof of Concept (POC) trial agreements
•   POC trials are with large and established organisations with management anticipating commercial agreements at the successful conclusion of the trials
•   The Company is in a strong financial position with no debt and cash on hand in excess of $2m
•   Expenses in 3QFY16 is distorted by one-off costs and is expected to fall materially
•   Zyber has sufficient funds to reach its commercialisation milestones