Commercial update

29th June 2022

29th June 2022

Negotiations to release the value of the Company’s remote monitoring DaaP have been successful and the Company is concluding discussions with the buyer about a settlement date.

Financial settlement for its concluded licensing deal will follow at the same time.

This will represent a beneficial conclusion for all shareholders later this summer.

The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.