Company Objective, page-105

The last time the company updated shareholders of an ATM contract win was September last year (11/09/14) where the company won two contracts for a total of 800 ATMs from two of its leading bank clients TMB and PNB.

The last time the company updated the market re HDFC was well over two years ago (25/06/13), refer to announcement below.

On the 1st July 2015 the company updated us shareholders of a tremendous contract win with PCPCL for a five year contract of 200 Kiosks. Announcement highlighted:

* minimum monthly transaction guaranteed per kiosk;
* will provide TSI with immediate positive cash flows;
* that it will increase e-transaction network by 10%.

The July 200 E-Kiosks contract awarded to TSI had surpassed what the company had previously achieved in close to 10 years i.e., they previously had 200 Bill Payment Machines spread over six clients. This just highlights that contracts are now getting way bigger in the ATM and Bill Payment/Utility space.

Then there are all the other business opportunities that the company are assessing/reviewing with the help of TMT Partners.

Tick tock, tick tock market...

References:

http://www.asx.com.au/asxpdf/20150515/pdf/42yl8x4cqbsnp7.pdf
http://www.asx.com.au/asxpdf/20140911/pdf/42s4gj7hzq1nc2.pdf
http://www.asx.com.au/asxpdf/20130625/pdf/42gnn7pcfsj231.pdf
http://www.asx.com.au/asxpdf/20150701/pdf/42zjzmq3c7pql9.pdf

Tony