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MOBILARM OFFER CLOSES16 August 2010 Dear Investor I am pleased to announce that the Mobilarm $2 million Initial Public Offer (IPO) has closed as it had exceeded its minimum subscription under the offer. Mobilarm has submtted its application to the Australian Securities Exchange (ASX) in order to obtain confirmation from the ASX on acceptance to quotation. On listing, Mobilarm will have on issue 157.1 million shares, and a pro forma market capitalisation of over $30 million, based on the offer price. The expected ASX code is MBO. Investor and customer demand has been strong and we eagerly await our listing on the ASX later this month and our commencement of trading as a publicly listed company. Mobilarm's pending ASX listing and financial backing will position Mobilarm for continued world class innovation and deliver value for shareholders. Lindsay Lyon
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