1. BPS have hada strongFY15 and achievedseveralmilestonesintheirfirstyearasa listedpublic
company. Some of these achievementsinclude future developments,prospects,andbusiness
strategiessuchasadoptingthe Trade Exchange Software Services TESSplatformasitsinterchange
software offeringthe abilityfordifferentTrade Exchangestotrade betweenthemselves.
International Reciprocal Trade Association’sIRTA will now marketthe TESSplatformasits preferred
technologyprovidertothe industry. BUCQIiscurrentlybeingimplementedinregional selected
centresinAustralia. 2015 wasa substantial yearforBPSdue to the fact of furtherentryintoforeign
marketssuchas ChinaandJohannesburg. The late DecemberagreementinChina waspromisingfor
yearendespeciallywithChristmasand New Yearprospects.Noprofitswere recognizedfromthe first
half yearin China;howeverthe firsteightweeksof operationswerequite pleasingtoBPSin
Johannesburg.Theyhadsigneduptwelve new strategicbusinessmembersinjusttwomonthssince
commencement.
The company hasimplementedsome greatbusinesspracticesandmodelsforincreasingmarket
share and capitalization.Theyhave onlybeenpubliclylistedforjustoverayear now and have
managedto increase reputationandattractiveness.
Since listing,theyhave enteredintoanumberof strategicagreementsthatare setto furtherfuel the
growthof BPS.Theyhave over54,000 current Bartercard holdersglobally. BPShasthe technology
and personnel inplace tocapitaliseonthe growingtrendsevidentinthe marketplace.Theyare
increasingimportance of loyaltyprogramstogenerate new businessformerchants,the strong
acquisitionof cloudbasedsystemsandmobile devices,aswell asglobalizationinthe consumer
market.
Indiahas alsobeena recipientof Bartercardsoffers.BPSmade leewaywithitsexclusivetrade
exchange technologyTESSduring2015. The pre-existingagreementwithIndiahadseenaretail
trade exchange commence operationsinApril 2015 withthe new systemimplemented.Since the
successof the operationthere hasbeenmassdemandforthe patentandcopyrightlicense usage.
Americaas a more mature and developedmarkethasalsobeenakeyspokesmaninthisventure of
BPS, as theyhave been endorsedby the global trade exchange industrybody,IRTA,forbeingthe
numberone tradingplatformexchange software recommendation.
BPS’subsidiarybucqi formedastrategicpartnershipwiththe RSPCA Queenslandthathashelped
generate cashand awarenessof the animal welfare initiatives.RSPCA receivesapercentage of fees
that bucqi generatesinreturnforpromotingto its30,000 plussupporters. Bucqi hadreceivedover
2700 commitmentsfromregisteredbusinessestoparticipate asmerchantsinjustoverthree
months,exceedingexpectations,andhighlightingthe demandforthe unique loyaltyreward
application.Eachtime a RSPCA supporterspendsthroughthe bucqi system, theyreceive 1% of value
fromeverytransactionthatis completedwithparticipatingmerchants.
All inall 2015 was significantlyprosperouswithimplementationof strategiesinbuyingbackkey
franchise areas. The businessesare runas companyownedstoresandnotfor re-sale purposesin
short terms.A recentagreementwithOne WorldExpress(HK) Limitedisanexcitingdevelopment
that ispromisingto facilitate expansion withinthe Chinese market.

2. One setbackfromthat of Bucqi was thattheydecidedtodelaythe launchof BPS’mobile loyalty
rewardsand paymentplatform.However,thissetbackturnedintoatactic byallowingmajor
enhancementstothe platform inordertoincrease itsappeal andfunctionalityinthe burgeoning
B2C paymentsandloyaltyspace.
2016:
2016 isforecastedtohave major roll outsand growthinproductivityand technology. Bartercardare
targetinga further100,000 cardholdersbythe endof 2016 fromthere presentvalue of 50 odd
thousand. The exclusive licenseof the Bartercard systemthat wasinitiatedinlate FY15 hasbeen
prophesiedtobe anacceleratingprospectfortransactional revenue. BPSare showingnosignsof
maturinginthere productlife cycle atthe present,however,theyare continuallyinnovatingthere
expansionswithgoalstogrowgloballyby20,000 merchantsin the UK, 150,000 in the U.S., 105,000
inChinaall withinthe next 10 year cycle.Theyare also lookingtogrow there SouthAfricalicense
vendortoseveral additional provincesby2016-17. BPS are pleasedtoannounce thatthe firsttwo
monthsof FY16 have beena significantincreaseof 60% innew fee payingmembersjoiningthe
Bartercard networkexcluding the newlicenseesin China,IndiaandSouthAfrica.
Major focusesforFY16 as mentionedinthe Tech-Knowinvestorpresentationare tofurther
acquisitionsof targetedprofitable franchisesin Australia;
Have a strongfocuson acquisitionsof profitable Trade ExchangesespeciallyinNthAmericaand
Europe to expandglobal footprintandguarantee accesstolarge bodyof SMBs for bucqi;
EvidentlyfurtherInternational Expansionwithafocuson NthAmerica,Europe andAsia.Bucqi also
desire thatitsplatformwill be available acrossAustraliaandNew Zealand;
Theyalsowant to be able to use existingrelationshipsof 300+ Not for ProfitsandSportingClubsto
rapidlyexpandconsumerbase whilstintroducing C2Cmodelsinthe laterpart of FY2016;
Have 3750 Bartercard Merchants acceptingbucqi byendof FY16.
Industrystepchangesare to work closelywithIRTA toexpandTESSsoftware footprintandto
increase supplyof enterprise level software tomajortrade exchanges.