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Ann: Trading Halt, page-122

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    Sep 2, 2016 AEST (ABN Newswire) - Xped Limited (ASX:XPE) ("Xped") wishes to provide an update on its subsidiary company JCT Healthcare Pty Ltd ("JCT" or "the Company"):

    HIGHLIGHTS

    - JCT working to finalise IoT project deliverables for purpose built housing at Lightsview Estate

    - Potential to rollout IoT technology solution to 3,500 disability SA clients post successful Lightsview trial

    - Discussions held with renewal SA to incorporate JCT technology solution into 100 planned dwellings over next 18 months

    - Tenders and proposals underway for nursecall and messaging systems worth up to $1.2m

    DISABILITY SA

    As announced on 8th July, JCT began working on a smart hub technology project for delivery to Disability SA. Further to this, JCT has recently formed a committee with representatives from Disability SA Management, Flinders University and Renewal SA to meet regularly to discuss progress. To assist the delivery, JCT has appointed a project manager to oversee the development of the project and liaise with the various committee members.

    The JCT team and associated committee members are working to finalise the requirements for the project trial at Lightsview which is a newly developed residential housing estate in the Adelaide CBD. This initial project encompasses providing a suitable technology solution to 13 buildings being a mix of purpose built units and community houses for Disability SA residents.

    Following a successful project delivery an opportunity may arise to roll out the newly developed technology solution to 3,500 clients of Disability SA over the next few years.

    JCT is also in discussions with Renewal SA regarding their plans to build 100 houses over the next 18 months and looking to incorporate a viable technology solution in their rollout plans.

    The Company notes the National Disability Insurance Scheme ("NDIS") starts in 2017 with an annual budget of $22 Billion. JCT is well positioned to be a leader in the NDIS technology rollout given its ability to provide innovative technologies in home automation and support worker solutions.

    TENDERS AND PROPOSALS UNDERWAY

    JCT has recently made submissions on new tenders and proposals with its premium IP Nursecall technology. Whilst negotiations are still underway with a number of clients the probability of receiving $1.2m of orders in the next six months is high.

    NURSECALL SUPPLIER AGREEMENTS

    Eddie Jackson and his team recently returned from a trip to China for the purpose of finalising supplier and manufacturing agreements for the NurseCall range of products.

    These agreements are now in final form and ready for sign off between parties and will assist JCT business going forward.

    CHANNEL PARTNERS AND RESELLERS

    JCT has been working to finalise agreements for the appointment of various Channel Partners and Resellers around Australia and New Zealand. These agreements once in place will assist the future growth of JCT through annual spend targets and uptake of JCT's products and solutions. The appointments of approved partners and resellers are expected to take place in September with the company's channel partner and reseller's Australian network being in full operation by December 2016.
 
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