AS-IP Tech Inc (IPTK)

[MJAM2020]

Hi Ron...just real quick. Here you mention that installs are now underway...

"Finally, In a recent meeting, Wizz advised it is upgrading its UK fleet and we have just completed the planning for the new Wizz A321NEO installs which are now underway. I will update you on launch timing ASAP."

I just wanted to verify and hopefully I remember right...these installs are already fully funded and we are not waiting for funding for the remainder of the first 19 Wizz Planes correct? And also these first 19 whenever completed will be the commencement of revenue generation at some level?

Anything you could share here would be very much appreciated.

And congrats on the install with Aeronexus. Public statements like this should catch the attention of some out there in the industry I would like to think...

Aeronexus commented: “When you take a close look at all the options, ASI is the only company that provides a cost-effective alternative to expensive Wi-Fi. The ultra-light weight simple to install BizjetInternet hardware means we can stay connected the entire flight without incurring massive data costs.”

This is good stuff. Looking forward to more for the remainder of 2023 and into 2024.

Best Wishes,

mj