AS-IP Tech Inc (IPTK)

[asiqlimited]

Happy New Year to you all. The team have just come back on deck after a well earned break.

I can advise we are progressing on all fronts, including with multiple airlines regarding BOB, multiple parties regarding funding and gearing up for the next batch of installs of the new Certus platform on WizzUK, plus in-house testing with airline no 2. If all goes to plan we hope to have a budget to equip the first aircraft for flight customisation.

On BOB it’s not movies. Todays GenZ and Y’s etc carry on what they want to watch on low cost airlines. Most have at least 6 subscriptions to streaming services such as Netflix. Same with music. Several companies offer battery powered content servers with movies, but the content is usually old and expensive. Most airlines shut them down following COVID and some use them for food ordering but that’s about it.

Our program is being developed by my brother Barry. It is highly specialised and unique. If you look at the “About us” section on the www.ASIPTech.com you will see Barry is a brand development specialist with an extensive international background in Radio and Television.

Let me just say there is an element of all three components in the mix. We are keeping a lid on it due to commercially sensitive airline discussions.

Hope to explain more next month once the first BOB pre production units arrive.

Regards

Ron