Ann: XTEK Limited Half Yearly Report - 31 Decembe, page-2

re: Ann: XTEK Limited Half Yearly Report - 31... Highlight:

Cash as at 31 December 2013 was $1,248,092 with zero finance. This puts the Company in a comfortable
cash position.

Our good sales effort has resulted in a
significantly higher than usual order book moving into H2. It is positive to note that over $3m worth of orders
have already been secured for the remainder of the financial year.

The Company’s efforts to develop an in-house UAV Services capability are now at an advanced stage. This
capability will be of a non-military/law enforcement nature, focusing on the provision of UAV mapping,
photography, training and related maintenance services to the mining, agricultural, environmental and
emergency service sectors. This will be a new business activity, predominantly undertaken by the Logistic
Engineering Division.