zylotech distributor wins video surveillance order

Zylotech is still a good price at 1.4, has won many contracts and will continue to do so

We are pleased to advise that the Singapore Stock Exchange listed Portek International
Systems and Equipment Ltd, whom we advised via ASX announcement on 6 January
2003 was appointed as a distributor for Zylotech's video surveillance solutions within
the specialised market of Sea Port and Terminal mobile crane and handling Systems,
have recently won and completed a project to develop an integrated IP (Internet
Protocol) based wireless video surveillance solution for offshore dredging platforms,
with the IP SmartCam video server supplied by Zylotech, a core.

We attach a copy of the Singapore Stock Exchange announcement made by Portek
which explains how this integrated solution works, the benefits to dredge operators and
outlines other specialised applications they are pioneering and developing using the IP
SmartCam digital video solution.

Portek is a leading solution supplier to the Global Port industry and Zylotech is pleased
with the progress they are making in integrating products supplied by Zylotech in the
highly specialised niche markets in which they operate.

Zylotech believes that the market for IP based video surveillance solutions, combined
and integrated with wireless technology in applications where remote access and
recording is a necessity, is a market with significant growth potential.

Yours faithfully



Bernard Mc George
Managing Director