TAL 0.00% 0.8¢ talius group limited

 Record cash receipts of over $1 million cash received from...

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     Record cash receipts of over $1 million cash received from sales during quarter, with significant
    improvement in quarterly net cash burn of $0.366 million
     Over $1.5 million in purchase orders for sales received in the quarter
     Minimal business impact from COVID-19 to date, the focus remains on delivery of sales strategy and
    enterprise customer projects, supporting customers and growing the business
     The global impact of COVID-19 also highlights the potential to improve care delivery and safety of
    the elderly and people with a disability through fast-tracking the adoption and implementation of
    assistive technology whilst enhancing protection for residents, care workers and improving
    communication for the family and community
     Cash and cash equivalents at the end of the quarter was $2.334 million
     The Company now has more than 2,000 active commercial subscriptions in Australia and New
    Zealand
     Multiple enterprise customer contracts signed
    - Master Services Agreement signed with Bolton Clarke and first project delivered
    - Delivery of underway multiple sites pursuant to ACH Group Tender with installation of hardware
    at first site completed and ready to be commissioned
    - Awarded contract by Odyssey Private Aged Care including expansion to use Thermal Detection
    System integrated with assistive technology and security to detect high temperature and control
    entry access in a low touch manner
     Ongoing delivery of enterprise customer projects

 
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