YPB GROUP LIMITED 
During the quarter YPB delivered its strongest level of sales since listing in August 2014, with approximately $550,000 during the period making for a second half total of almost $1.0 million. Cash receipts of $348,000 received from customers also easily surpassed previous levels.
In late December 2015 YPB conducted a successful capital raising which resulted in an immediate cash inflow of $2.785 million with further sums of up to $5.0 million to flow over the next 18 months, pursuant to an equity sharing agreement with Lanstead Capital. It should be noted that the first tranche of funds from Lanstead of $750,000 was received in the first week of January 2016.
The cash balance of the company as at 31 December 2015 was $2.9 million.
The company is pleased to announce a mutual co-operation agreement with Llexan Australia Pty Ltd who will spearhead its Australia and New Zealand sales function. Llexan is a leading Australian provider of retail security and anti-shoplifting technology and brings with it a substantial existing customer base and experience in selling security solutions.
The growth of Australian exports to the burgeoning Chinese domestic economy has led to a significant increase in enquiries from Australian businesses in the last quarter of 2015. The appointment of the Llexan team will enable YPB to assist such companies and benefit from the mutual opportunities. YPB's China team has started the new year well with a growing pipeline of new opportunities expected to result in additional sales.
YPB CEO John Houston said: "The quarter was particularly productive for YPB on a number of fronts. We achieved new sales for our tracer and scanner technology including with a second major Chinese bank, while our ePassport technology was adopted by two countries during the period. We also secured the acquisition of microbarcode technology Motif Micro, which we expect to become the gold standard in smartphone readable anti-counterfeit technology moving forward. This was all capped off by a successful capital raising which secures the company's position into the future."
To view the cashflow report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-YPB-903923.pdf
About YPB Group Ltd:
YPB Group (ASX:YPB) is a pioneer in advanced anti-counterfeit and product authentication solutions. Listed on the Australian Securities Exchange, we are expanding our global footprint with an established presence in China, USA, Australia and South East Asia.
YPB's patented anti-counterfeit technology combined with its security packaging solutions, consulting and forensic services enables businesses to protect their high value brands from the risks of counterfeit and product diversion.
YPB's full range of services will give businesses the ability to cost effectively protect their brands, easily detect counterfeits and give them the opportunity to connect with their consumers about the authenticity of their brand.
Source:
YPB Group Ltd
Contact:
Mr. John Houston CEO T: +61 458 701 088 E: john.houston@ypbsystems.com Mr. Robert Whitton CFO and Company Secretary T: +61 457 666 309 E: rob.whitton@ypbsystems.com W: www.ypbsystems.com
