Investor News

BuildingIQ (ASX: BIQ) – Q4 FY2016 Market Update

Financial Summary ● Q4 revenue: A$0.956 million, compared with A$0.955 million in the prior corresponding period (YTD revenue: A$3.762 million) ● Q4 cash receipts from customers: A$1.006 million (A$1.246 million in the prior corresponding period) ● Q4 net cash payments: A$2.316 million, reduced 6.46% from Q3 FY2016 ● 2nd half operating expenses reduced 29.09% from 1st half ● Q4 contract bookings: A$1.955 million, compared with A$1.017 million in the prior corresponding period (YTD bookings: A$4.432 million) Operational Summary ● 23 buildings were added in Q4 for a total of 927 buildings (approx.70m SF) active on the 5i Platform ● FW (Facility Worksite) Service processed over 53,700 work order requests / transactions on the Platform in Q4 (YTD: 215,400) for 600 plus users ● Launched partnership with GE Current ● Recognised as a CSIRO distinguished partner for the 2016 CSIRO Entrepreneurship Award ● Increased size of business pipeline during the quarter to more than A$40 million, driven by the take-up of the new 5i Platform offering. This increase included a portfolio of 8 buildings signed up by Energy Conservation & Supply, Inc., (approx. 480k SF as a single customer) Note: BuildingIQ is incorporated in Delaware and has a 31 December financial year end. BuildingIQ Inc. (ASX: BIQ) today announced its Q4 Market Update for the 3 months ending 31 December 2016. President & CEO, Michael Nark, highlighted both the financial and operational results achieved over the final quarter of 2016, indicating they were attributable to the performance of BuildingIQ’s 5i Platform combined with efficiencies in business operations (as anticipated in the Q3 Market Update). “Over the course of the 4th quarter, we have secured several new customers, which further diversified our portfolio by adding 23 buildings.…

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BuildingIQ (ASX: BIQ) – Removal of US Investor Restriction

Since listing in December 2015, US residents have been restricted from investing in BuildingIQ through the Chess Depository Interests (CDIs). Following an application from the Company, ASX Settlement has advised that the restriction will be removed. “In accordance with ASX Settlement Operating Rule 5.18.9(a), ASX Settlement hereby provides notice that, the following class of Financial Products will be removed from Schedule 1 of the ASX Settlement Operating Rules as FOR Financial Products on Wednesday, 1 February 2017. Issuer Financial Product ASX Code BuildingIQ Inc. Chess Depository Interests 1:1 BIQ   For further information contact: Ian Gilmour Company Secretary Ph. +61 401 700 106 E: gilmour@bigpond.net.au Christine Bowen communicaterelate Ph: +61 414 861 629 E: christine@communicaterelate.com.au

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