Not really a surprise, this was expected - ref to Jan 2016 ANN....

Not really a surprise, this was expected - ref to Jan 2016 ANN.

In particular, considering SP in the past weeks – I think management decision to respond accordingly was imminent… If we are lucky they may also inform us about first developer using the interface.... Hope the market responds well on Thursday..

This will go alot quicker than you think - sure it is not going to happen overnight, nothing does these days.... Dont underestimate the churn, the benefit is that there are multiple companies/market sectors interested in this technology.....

AXA PRESS RELEASE, JAN 2016

The important client/server interface interface product referred to as Milestone 3 is on track for release in Q1, 2016. Achieving this milestone provides an Application Program Interface (API) which
enables developers to remotely access the SNAP technology to develop their own solutions using
the BrainChip hardware. This important milestone provides the BrainChip technology with
remote access which makes it possible for groups of client computers to access the
Neuromorphic Chip. This significant milestone enables BrainChip to progress licensing
discussions with various Fortune 500 companies who expressed a commercial need to use the
technology within a server environment.