BUSINESS UPDATE AND CONFIRMATION OF NEAR TERM GOALS

BUSINESS UPDATE AND CONFIRMATION OF NEAR TERM GOALS

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ASX Announcement – 5 September 2017

LINIUS INVESTOR PRESENTATION

BUSINESS UPDATE AND CONFIRMATION OF NEAR TERM GOALS

For the full release please click here: LINIUS BUSINESS UPDATE AND CONFIRMATION OF NEAR TERM GOALS

Summary of release:

Linius Technologies Limited (ASX: LNU) (Linius or the Company) is pleased to provide its current investor presentation along with a business update that confirms its near term goals.

Linius has significant commercial momentum having confirmed activities against its core business goals to-date, including the hiring of Division heads, completing multiple third party technical validations, launching its promotion and resale relationship with IBM, and development of new business pipelines in Australia, Europe, and the US.

Linius’ over-riding business objective is to scale the commercial business quickly, focussed on both large clients and use cases of virtual video. Moving forward a key metric for Linius will be the number of API calls to VVE.

As a result, Linius has set significant near term commercial goals, including:

Engage with a global movie studio to develop POV in anti-piracy

Engage with a global movie studio to develop a mass content distribution POV

Deliver POV of Search in a global Cloud environment

Deliver the integration of VVE with at least one world leading OTT platform

Deliver the integration of VVE with a major ad server

Generate first commercial outcome resulting from its IBM collaboration

Have a 3rd Party System Integrator make VVE available in IBM Bluemix

Deliver the integration of VVE into one additional cloud platform

Deliver the integration of VVE with at least one cognitive Artificial Intelligence (AI) provider

Deliver blockchain strategy and solution design

For the full release please click here: LINIUS BUSINESS UPDATE AND CONFIRMATION OF NEAR TERM GOALS

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