Stealth, page-2

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Dated 2 Aug

"Other Technology Activities"

The Company has formed a 100% owned investee Company "Stealth Mode Technologies Pty Ltd" (SMT) to expand its involvement in the technology sector. The Company has an obvious interest in Printed and Flexible Electronics.

With the Company meeting numerous groups in the Printed Electronics sector, a range of different technologies have been introduced. None to date have provided a compelling case to divert funding from any potential spend on the Nanocube technology. For the same reasons, no work is planned in the near term for the UV light project the Company has with UNSW.

The Company will continue to review opportunities and conduct due diligence. Shareholders will be updated if a decision is made to acquire a technology project in SMT or proceed with work on additional projects with UNSW.

HO HO here we go Chasing SMT

Aug 2

http://www.abnnewswire.net/press/en/84344/

CH$$RS R15