The Board of Cape Range Limited (Company) announced that Phase 1 of the Company's cloud based accounting software package has been completed on time and under budget. The Company will now rapidly move towards the launch of this proprietary accounting software (Biztrak Online). The new Biztrak Online software is designed to facilitate international scaling of the Company's operations by offering real time access to current financial and business information for individuals and businesses from any access point around the globe. Specifically, Biztrak Online offers: 24/7 access to financial information from any device with an internet connection; real time financial information; all data being securely encrypted at source and saved to the cloud; no upfront costs; and maintenance free, with software that is constantly updated.