remarks

The Company has been busy promoting the LumaPanel “network of signs” model within
its focussed regions of USA, UK, Europe and China and has been in discussions with a
number of parties with a view to appointing strategic partners/agents both in Europe and
Asia (primarily China) to further the Company’s objectives.

With its current dedicated and strategic market focus, in my opinion the Company has
“turned the corner” from its lack-lustre 2004. The foundations laid by the existing sites
should see the Company progressively increase the roll out of its signs; working towards
its goal of an international network of large outdoor, high-profile LumaPanel signs. We
expect to develop a growing network with a recurring revenue stream partnered by
established media players world-wide.