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    QUARTERLY  ACTIVITIES  REPORT    

    Period  ended  31  December  2014  

      1  

    Applabs  Technologies  Ltd   (ASX:ALA)  is  the  first  ASX  listed   app  development  and  technology   venture  fund  company.    

    The  Company  offers  a  unique   business  model  of  both  an  app   developer  and  a  technology   financer,  enabling  the  Company  to   produce  apps  for  customers  as   well  as  the  ability  to  fund,  develop   and  market  exciting  new  leading   edge  Apps  internally.  

     

    Company  Snapshot  as  at  31   Dec  2014    

     

    ASX:  ALA     Shares  on  issue:    42,861,754   Options:      35,619,920    Options   exercisable  at  $0.25  on  or  before   21  May  2016     Market  Cap:    ~$8.02m       Directors       Patrick  Glovac     Managing  Director       Rocco  Tassone     Non-­‐Executive  Director       Charles  Thomas     Non-­‐Executive  Director       Charly  Duffy     Company  Secretary       Jane  Morgan     Investor  &  Media  Relations       www.applabs.com.au    

     

    The  Board  of  Applabs  Technologies  Ltd  (ASX:ALA)  (“Applabs”  or  the   “Company”)  is  pleased  to  provide  shareholders  with  an  update  on  the   activities  of  the  Company  during  the  period  ending  31  December   2014.    

     

    HIGHLIGHTS    

    Internal  App  Development  &     Fee  for  Service  Division  update  

    • Applabs  achieves  ~500%  increase  in  sales  during  the   December  2014  quarter    

    • Home  Open  appointed  ex.  CEO  of  realestate.com.au,   Jamie  Pride  to  Board  of  Advisors    

    • Home  Open  appointed  a  dedicated  Sales  Executive,   Mark  Matear,  to  accelerate  Western  Australian  agent   signup  process    

     

    Venture  Capital  Division  Update    

    • One  of  Applabs’  investment  companies,  xTV  Networks   Ltd,  successfully  raised  $6M  for  the  purpose  of   acquiring  MppApps  Inc  (another  Applabs  investment   company)  and  re-­‐listing  on  the  ASX    

    • Chat  Center  advances  development  for  launch  of  new   version  complete  with  paid  services  for  SMB’s    

    • PAY2DAY  product  launched  and  is  now  undertaking   solid  beta  testing    

    • RosterElf  launches  updated  website     • PositivFlo  has  completed  the  development  of  the  

    PositivFlo  app  for  Personal  Trainers    

    After  Balance  Date  Events    

    • Liberty  Resources  Limited,  another  Applabs  investment   company,  exercises  option  to  acquire  $5.9  million   revenue  generating  company,  Cirrus  Networks  Pty  Ltd      

    • Development  of  growth  path  and  expansion  of  Applabs’   Fee  for  Service  Division  

  •  

    Applabs  Technologies  Ltd  (ASX:ALA)        I        Quarterly  Activities  Report    

    •  

     

    Applabs  Managing  Director,  Patrick  Glovac,  commented:  

    “The  growth  achieved  in  our  internal  app  development  and  fee  for  services   divisions,  coupled  with  our  success  in  the  venture  capital  division,  is  an  excellent   result  for  our  first  year  of  listing.    Our  experienced  Board  of  Directors  and   dedicated  team  are  committed  to  increasing  value  by  advancing  both  divisions  in   the  Applabs  business  model.  

    With  the  business  now  marking  its  one  year  anniversary,  we  look  forward  to   continue  delivering  growth  to  our  shareholders  in  2015.”    

     

    APP  DEVELOPMENT  AND  FEE  FOR  SERVICE  DIVISION    

    As  announced  to  the  market  on  19th  January  2015,  Applabs  internal  Fee  for   Service  Division  had  ~500%  increase  in  customer  receipts  from  ~$460,000  to   ~$920,000.    The  Company  currently  has  21  projects  underway  with  various   completion  dates  and  payments  based  on  development  milestones.    

     

    HOME  OPEN    

     

    During  the  quarter,  Applabs  announced  the  appointment  of  Jamie  Pride,  ex  CEO   of  realestate.com.au,  as  Chairman  of  the  Advisory  Board  to  Home  Open.    To   further  assist  Home  Open  with  its  near  term  growth  objectives,  the  Company   also  appointed  Mr  Mark  Matear  to  assist  with  agent  signups  in  WA.  Mark  has   extensive  experience  in  this  field  as  an  ex  Sales  Executive  for  The  West   Australian  newspaper  focusing  on  the  real  estate  sector.    

    Jamie  and  Mark’s  experience  are  an  invaluable  addition  to  the  Home  Open  team.    

    In  addition  to  the  new  appointments,  the  Company  also  launched  v2  of  the  Home   Open  iPhone  application.  New  mapping  features  have  been  integrated  into  the   application  along  with  improved  messaging  features  directly  with  agents.    

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    Applabs  Technologies  Ltd  (ASX:ALA)        I        Quarterly  Activities  Report    

     

     

    RosterElf    

     

    RosterElf  had  a  very  successful  quarter  announcing  the  launch  of  a  new   enhanced  website.  The  new  website  was  a  key  milestone  in  the  anticipated   global  expansion.    

    In  addition  to  the  launch,  RosterElf  developed  a  strategic  Search  Engine   Optimisation  and  Search  Engine  Marketing  campaign,  which  have  returned   extremely  positive  results,  including  a  ~700%  increase  in  customer  uptakes  over   a  3  month  period.        

    PAY2DAY    

     

    During  the  quarter,  PAY2DAY  launched  the  product  with  beta  customers  as  well   as  establishing  strategic  positions  with  key  players  who  will  be  instrumental  in   the  success  of  the  app.    

    PositivFlo    

    Development  of  the  PositivFlo  app  for  personal  trainers  was  completed  during   the  quarter.  The  main  features  of  the  app  seamlessly  combine  scheduling,   automated  billing  and  client  management.    

    The  ‘App’  will  move  into  a  Beta  testing  phase  over  the  next  few  weeks  with  the   goal  of  achieving  a  full  national  roll  out  by  the  2nd  Quarter  of  2015.  

    Updates  can  be  found  on  the  PositivFlo  Website  (www.positivflo.com).  

     

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    Applabs  Technologies  Ltd  (ASX:ALA)        I        Quarterly  Activities  Report    

     

     

    xTV  Networks  Limited    

     

     

    In  December  2014,  xTV  Networks  Limited  (“xTV”)  completed  a  successful  capital   raising  of  the  maximum  amount  of  $6  million  under  its  December  prospectus.   Completion  of  the  capital  raising  is  one  of  the  final  conditions  precedent  to  the   acquisition  by  xTV  of  100%  of  the  shares  in  MppApps  Inc.  (“MppApps”).     MppApps,  another  Applabs  investment  company,  has  also  had  success  with  the   announcement  that  it  has  now

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