QTK Cash Positive.

ASX Announcement
25thJuly 2007


The Board of Directors of QuikTrak Networks Ltd is pleased to submit the Quarterly Cash Flow Report (appendix 4C) for the June 2007 Quarter.

Highlights of the June Quarter Cash Flow Report include:

90 percent increase in quarter end cash reserves to $2,034,874

Completion and shipment of the base station infrastructure for the core network being deployed in Johannesburg, South Africa brings an end to extensive capital investment phase with operating cash flows now positive.

50 percent increase in quarterly revenues from Australian operations Revenues from South African operations commencing in current quarter

The Directors of QuikTrak are pleased to provide the following update regarding the company’s
Australian and overseas operations.


This quarter has seen further growth within our Australian revenues and this trend will continue
with the appointment of Mr Graham Matthews as CEO-Australia on 6th June 2007. Mr Matthews
brings with him over 20 years in law enforcement and crime reduction and a mandate to focus the company on increasing its Australian customer base.

Due to the largely fixed cost nature of the company’s operations, increases in sales revenue are having a marked impact on profit performance and with these products now being distributed within the Australian market place we look forward to further growing our Australian customer base.



As a result of illegal transmissions within the designated operating frequency owned by China
Alarm Holdings, QuikTrak have asked China Alarm to secure operating frequency in line with that being used in South Africa.


Development and manufacture of the base station infrastructure for the core network being
deployed in Johannesburg has been completed and equipment has been shipped to South Africa
ready for deployment in the current quarter.

This will see an end to the capital investment program which has been required during the
construction phase of the Johannesburg network with revenue from the company’s South African operations commencing in this current quarter set to further increase company cash reserves and profitability.


QuikTrak continues to actively seek frequency allocations in other countries and has current
applications on foot in India, Thailand and Malaysia.

The Directors and management team of QuikTrak are pleased with the progress, and continue to hold high expectations for the company going forward. With our highly skilled and loyal workforce, new products to increase our customer base, and increasing worldwide interest in QuikTrak’s unique security applications, we continue to work actively to reward our loyal and supportive shareholders.

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