AS-IP Tech Inc (IPTK)

[asiqlimited]

Just a quick update as it’s been a while.

Following the successful passenger flights, we hope to be able to conclude an initial contract in the coming weeks. As I have mentioned, we are already in production for 20 kits which is our launch target.

While we only require the existing network to launch our free messaging and interactive advertising platform, following recent discussions with Iridium we should also be the first aviation company to fly on the new Certus network. We will equip three private jets customers and also one airliner testbed with the Certus platform next month for flight testing telemetry and live payment.

One of the key benefits of Certus, aside from a initial 32 times increases in speed is, combined with our unique algorithms it reduces our satellite data cost by up to 1000%, which opens up new opportunities that we’re previously not possible.

I hope to be back to you shortly with some very positive news.