More info from IoT's Marketing Manager

In response to my email -

"Hi -,

Thank you for your email and interest in IoT Group. Here is a bit of
background information on the announcement of the deal that we have made.

The IoT Groups’ USA Sales & Distribution Representative, Paul Tobin, has
spent six months researching the most effective and efficient distribution
channel for our consumer product release pipeline. Mr. Bryan Corlett was
recommended to them by one of America's (and the world's largest) most
innovative retailers, with whom he has a very strong and long standing
relationship.

The IoT Group anticipate that orders to be placed over the next 90 days will
completely support our Board's decision.

About Bryan Corlett
Bryan Corlett has been in the sales, promotion and distribution industry for
20 years, and operates nationally and internationally from a base in Newport
Beach, California. Mr. Corlett leads one of the largest private networks of
product sales professionals in the United States, and his team has sold
leading products in major categories including health and beauty, weight
loss and fitness, clothing, sports, household and cleaning products and
consumer electronics.
His contacts into product purchasing decision-makers at every major retail
group, both traditional and online, is unsurpassed. These kinds of private
networks are based on relationships that take decades to develop. IoT Group
was referred to Mr. Corlett by one of America's (and the world's) largest
and most innovative retailers, which has a very strong relationship with
him.

The Corlett network has sold tens of millions of dollars of goods annually
to retailers including the Sony PlayStation and Apple products. Mr. Corlett
selects a discrete number of products to promote, and unlike other "big
name" distributors such as Brightstar and Ingram Micro, he can take on a
single SKU product like ROAM-e from an unknown overseas company and devote
the time, attention and resources (and give buyers the confidence in the
product) to sell large quantities of it in short order. A company seeking
to get this kind of sell through in North America could take years just to
get the right meetings, and spend a fortune on market development with no
assurance of success.

We hope this adequately answers your questions.

Thanks,

Emma
Marketing Manager | IoT Group"