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TechKim

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TechKim

Re: TechKim post# 209

Sunday, 09/16/2007 9:47:03 PM

Sunday, September 16, 2007 9:47:03 PM

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On November 1, 2005, The Company entered into a consulting agreement with
Carmenna Limited, which is wholly owned by Dr. Fredrik Verkroost, a director and
Chairman of the Company. Pursuant to such agreement, Carmenna Limited agreed to
provide certain consulting services to ITPLC in consideration for a fee equal to
(pound) 1,000 per month ($1,890 at June 30, 2006)


TechKim

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