ROUND 1 OFFER Fully Subscribed

The Board of IntaCept Limited is very pleased to announce that our offer went live on the ASSOB platform on the 3rd of March 2014.  During our Early Bird / VIP mode we achieved full subscription of our ROUND 1 Offer and the Board resolved to accept over-subscriptions in that round meaning that ROUND 2 has only 6 parcels left available.  This was achieved even before going live on the ASSOB board. This is a fantastic result and puts is in a very strong position to now realise the potential of the IntaCept tag.

Our next most critical step is the implementation of our final product development plans to get the IntaCept Tag to a commercial and manufacture ready product.  Funding received to date has enabled the Board to immediately progress this very important aspect of our business plan and we will see the results of this become a reality over the next 14-16 weeks.

We are now ready to further develop strategic interest in our innovative Work Health and Safety device, the IntaCept Tag that will include commencing the engagement and the marketing development of our approach to "Original Equipment Manufactures” that manufacture electrical equipment and tools for the hazardous environment. Through our market research we have identified this target market as the generator of the greatest commercial and strategic value for our product.

John Vanderhout, Director and Chairman of IntaCept Limited said “We are now entering the most exciting phase of implementing our commercialisation plans and I wish to thank those that have supported us since the commencement of the IntaCept tag project. You have enabled us to realise the potential of this great Work Health and Safety product.  I am looking forward to providing you with further updates in the near future as we continue to move forward and realise our vision on improved worker health and safety and compliance in the workplace, both in Australia and in International markets”.