Ann: Response to ASX Price Query-IOT.AX, page-64

Decided.to buy in in 14.5 cents. Still think this technology is more of a fad, but in the consumer society we live in probably going to be a worthwhile revenue fad for the company for the short to medium term (albeit will be interesting how the revenue translates through to profit for IOT). Would be interested to hear the views of whether this technology will be expanded to other areas outside personal use in the longer term - defence/sport in the longer term for example.