Quantify Technology : On-Site Installation Completed at Harvey Norman Commercial

ASX RELEASE

18 July 2018

Highlights

• • Quantify Technology's engineers have fitted out Harvey Norman Commercial Division's new demonstration apartment in Sydney

• • Final commissioning will be completed in the coming weeks.

• • Harvey Norman Commercial Division's sales team will be actively selling Quantify Technology's product line to residential and commercial construction projects

Introduction

In Q2FY2018, Quantify Technology Holdings Limited (ASX: QFY) ("Quantify Technology" or "the Company") announced the agreement signed with Harvey Normal Commercial Division (HNCD), which established HNCD's promotion and distribution of Quantify Technology's platform to commercial and residential development projects throughout the ACT and NSW. In addition, HNCD agreed to develop a demonstration facility at HNCD's showroom in NSW.

Update

Recently, Quantify Technology's engineers were on-site in Sydney, fitting out HNCD's demonstration suite at the prestigious Burcham development. Located in the much-sought-after Rosebery suburb, the apartment will showcase the residential application, scalability, and flexibility of the Company's framework, as well its enterprise applications.

Though installation was originally anticipated to commence in April 2018, HNCD only recently took possession of the apartment due to delays beyond their control. Quantify Technology's installation team was able to respond to the change in deadlines, and now the project is on schedule with final commissioning to be completed in the coming weeks.

Burcham History - Original site image

Looking Towards the Future

"Seeing a next-generation platform of this calibre installed in our Burcham display apartment has shown us what the gold standard of the future can and should be," said HNCD Smart Home Automation Manager Kris Leffler. "Quantify Technology has developed the must-have solution for new and existing construction. Working together, Harvey Norman and Quantify Technology will only continue to expand and enhance technology innovations for our commercial partners and consumers."

Not only is Quantify Technology's solution an important sales tool for HNCD, their sales force will be actively selling Quantify Technology's product line to residential and commercial construction projects. HNCD has made smart homes of the future a focus of their expanding reach in the residential and commercial construction sectors, and Quantify Technology is thrilled to combine forces with this renown household brand.

"Partnerships like ours present to the world all the incredible innovations and advancements that are being created and developed in Australia and demonstrates- yet again-our country's technological savvy and transformative vision for the future," Mr. Leffler added.

Quantify Technology's Managing Director Mark Lapins couldn't agree more. "Working with Australian icons like Harvey Norman is an honour, especially when they're setting trends and exceeding expectations in the Australian market and beyond."

-ENDS-

Further Information:

Corporate Relations & Media Enquiries

E:info@quantifytechnology.com| P: +61 (8) 6254 0200

About Quantify Technology

Quantify Technology is an Australian-based pioneer of Truly Intelligent Buildings technology. The Company has created simple to install, affordable Internet of Things devices that encourage wide-scale adoption of Internet of Things solutions.

Quantify Technology's commercial product known as the Q Device replaces standard power outlets and light switches in commercial and residential structures. Due to using standard wired Alternating Current (AC) wiring, it can be easily retrofitted without re-cabling in existing buildings.

The Q Device replaces AC light switches/dimmers and power outlets with and intelligent, network-connected framework to provide energy management and reporting, voice-enabled control and interaction, and real-time evaluation of environmental and risk factors for building occupants.

This enables the delivery of the Company's vision of Truly Intelligent Buildings, with a goal to deploying the offering globally.