ASX Announcement Sydney, Thursday January 12th 2017, IOT Group (ASX: IOT)(IOT Group) refers to recent media activity concerning its subsidiary, Intervision Direct Pty Limited (Intervision), where it is has been alleged that Intervision sold content such as foreign language channels to its subscribers through its internet protocol television service without the necessary licences.

IOT Group notes that no Statement of Claim has been lodged against the IOT Group or Intervision even though a party has threatened legal action. Further, IOT Group believe that the claims are without merit and the Company will certainly be vigorously defending the matter should legal proceedings be commenced.

All references to IOT Group covers and extends to include wholly owned subsidiaries.

About IOT Group Limited www.theiotgroup.com

(Internet of Things)

IOT Group has tapped into global niche markets by adapting and enhancing existing trend products and making them more affordable, useful and innovative for consumers. The IOT Group is designing and developing a range of drones including ROAM-e, our flying selfie drone, facial recognition and tracking software and much more; as we look to create a complete IoT ecosystem.

Utilising industry specific innovation and our own technology, we've created the first facial recognition flying selfie device operated through smartphones and vision control systems, called ROAM-e. With unique follow me truly functionality, a flight time of up to 20 minutes and the capacity to charge in just two hours! You will always capture perfectly uninterrupted panoramic shots with ROAM-e's 360 degree 1080p HD camera. And you will never miss a moment with ROAM-e's live streaming capabilities, so the action is always in real time whenever, where ever. ROAM-e is your personal companion who will always be within 5m of you, so you never have to worry about invading anyone's personal space. Built with the world's first dual-axis collapsible blades means that ROAM-e's light, compact and easy to carry and ready for any occasion but most importantly not weigh you down. Selfies have reached new heights!

Company Information

IOT Group Limited (ABN 66 140 475 921)

Level 9, 100 William Street EAST SYDNEY NSW 2010

Email: info@theiotgroup.com

Scott Brown Non-executive Chairman Tod McGrouther Non-executive Director Ian Duffell Executive Director

Ron Hollands Company Secretary

IOT Group Limited published this content on 12 January 2017 and is solely responsible for the information contained herein.
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