Velpic Enters Product Training Market

Company Name: Velpic

Announcement Date: 12/05/2016
Announcement Category: Contract/Partnership
Announcement Content:

Velpic Enters Product Training Market

Secures Global Workforce Management Solutions Provider

Highlights
 Velpic signs ComOps as client – a workforce management software solutions company with
more than 180 customers worldwide
 Velpic platform to provide eLearning capability for ComOps to train their clients in how to use
their workforce management software
 Initial eLearning modules to be distributed to ComOps customers in the hospitality and retail
sectors
 Complete roll out to remaining ComOps customers in other sectors including aviation,
transportation and health planned in next few months, with potential to be accessed by a
multitude of employees globally
 Agreement validates Velpic’s technology and offering in the product training market, a market
that Velpic believes will have global potential going forward

Velpic Limited (ASX: VPC) (“Velpic” or the “Company) is pleased to advise it has signed global
workforce management solutions provider ComOps Limited (ASX:COM) as a client to the
Company’s cloud-based video eLearning platform, in an agreement that marks Velpic’s entry into
the product training market.

Sydney-headquartered ComOps provides workforce management software solutions that includes
rostering & scheduling, award interpretation, labour cost management, risk management and
safety compliance, and workforce analytics to its customers. ComOps supports more than 180
customers in over 5,800 locations globally including leading organisations within the global ports,
aviation, transportation, retail, hospitality and health.

ComOps will utilise the Velpic platform to develop, produce and deliver video eLearning modules
of its software programs to its customers and partners that demonstrates how to effectively apply
ComOps workforce management programs to their operations. The first available modules are
expected to be tested with existing customers in the hospitality and retail sectors in the coming
weeks, with ComOps’ major customers including Hyatt Starwood Hotels and Resorts,
Intercontinental Hotels Group, Kmart, Spotlight and Sanity.

A complete rollout to all of ComOps customers within other sectors is planned in the next few
months’ once sufficient content has been developed. Content on the Velpic platform will be
available to all customers’ staff rostered within ComOps workforce management environment, with
potential to be accessed by hundreds of thousands of users. ComOps customers range in size
from a few hundred employees to 20,000 plus staff.

There is additional opportunity to utilise the Velpic platform for internal processes and staff training.

The contract with ComOps validates Velpic’s platform for product training, a new market for the
Company that is outside the traditional scope of workforce induction, education and training, where
managers and supervisors within the human resources area have been targeted.

Velpic’s in-house professional services team will work alongside ComOps to develop and produce
video lessons demonstrating the utilisation of ComOps solutions through the platform, which can
then be managed, edited, scheduled and delivered to customers worldwide.

The Company will receive subscription fee revenue from ComOps for providing access to its video
eLearning platform, along with Pay Per View (PPV) fees for each lesson completed by customers
and their employees, and additional professional service implementation fees.

Velpic Chief Executive, Russell Francis, commented:
“We are very pleased to welcome ComOps as a client. ComOps utilisation of Velpic’s platform as a
tool to train its customers on how to use their workforce management software solutions opens a
new training market for the Company. This will help Velpic to achieve its key growth objective of
expanding market share.

ComOps Chief Executive Gerry Williams commented:
“We look forward to working with Velpic to develop eLearning capability across our Worforce
Management products for our customers. As ComOps seeks to add incremental value to our
customers, we believe a key component is to enable customers to have immediate easier access
to useful instruction on how to complete the task at hand. We expect to see customers gaining
increased efficiency as rostered staff are able to more effectively refresh themselves on how to
check their rosters, view roster options and apply for leave from mobile devices whilst roster
controllers have access to videos covering how-to topics for establishing and manning rosters,
schedules and other Workforce management tools."

Announcement URL: http://www.velpiclimited.com/investors/asx-announcements/2016.html
About Velpic:

Velpic - Video eLearning Platform In the Cloud

Online learning is easier than ever with Velpic, a powerful training solution for companies of all sizes and industries.

In a single tool, Velpic’s new cloud based platform allows you to create and edit your own impactful video lessons in-house, play your lessons online and finally, as an administrator, you can track, manage and schedule all your company online training and inductions.

Velpic has proven to dramatically reduce the time and costs to train and induct staff while improving comprehension and retention of the subject matter. Our online training software utilises a visual, interactive approach to learning; through smart quizzes and high quality videos, you can maximise each lesson’s impact.

Everything you need to empower your workforce, in one platform – Velpic eLearning.

Go to Company Profile for: Velpic

Announcement Contact: [email protected]