AS-IP Tech Inc (IPTK)

[asiqlimited]

Quick update, first installation kits have just been delivered. I don’t expect installs will get underway until after airline summer peak period as all aircraft fly non stop. So probably mid to late august.

For background, there are 2 key periods in the airline world where installations are usually scheduled. Feb to May and Sept to November. They mainly rotate around scheduled maintenance, so that all aircraft are ready for the peak flying periods which is where the bulk of their revenue is generated.

July and December also effects any discussion with airline marketing, as it’s their most hectic period. What I can tell you is we have presentations coming up next month on several programs following initial submissions.
Ron