VELPIC SECURES NEW RESELLER PARTNERSHIPS NATIONWIDE

Company Name: Velpic

Announcement Date: 10/03/2016
Announcement Category: Contract/Partnership
Announcement Content:

Highlights

• Velpic signs a number of new reseller agreements with partners across Australia
• Reseller agreements extend Velpic sales reach, potentially exposing Velpic to a multitude of new Enterprise & SME clients and providing significant revenue opportunities
• Continuation of growth momentum in second pillar of Velpic’s Three Pillar sales strategy
• Partner Program Manager with international SaaS experience appointed to manage Velpic’s resellers

Velpic Ltd (ASX: VPC) (“Velpic” or the “Company) is pleased to announce that it has secured a number of
new reseller partnerships across Australia, and appointed a Partner Program Manager who will be
responsible for the Company’s reseller sales channel.

New Reseller Partnerships
The Company has signed a number of new reseller agreements, where partners have agreed to on sell
Velpic’s eLearning platform. These new partnerships include:

• Risk Link (WA)
• Gavin Miles (WA)
• Marlene Liontis (VIC)
• Keegan Consulting (QLD)
• Beling Consulting (QLD)
• Kleinhardt Consultants (QLD)
• Volta Technologies (QLD)

Through these new reseller partnerships, Velpic has extended its sales reach to potentially thousands of new
clients nationwide, with one partnership providing one touch point to a multitude of new clients. These
partnerships represent substantial customer acquisition potential for the Company and opens up Velpic’s
platform to a number of new market verticals.

Reseller partnerships represent the second pillar of Velpic’s Three Pillar sales channel strategy, with pillar
one being Enterprise Sales and pillar three being SME customers using the platform via the upcoming
Version 3.0.

Reseller partnerships open up new high growth revenue opportunities for Velpic’s platform. The growth of
the reseller channel will be a dominant driver of revenue growth as Velpic continues to establish itself as a
key player in the Learning Management Systems industry.

New Partnership Manager
The Company has appointed Mrs Carrie Flanagan as Partner Program Manager, with responsibility for
Velpic’s reseller partners. Mrs Flanagan is an experienced SaaS sales and marketing professional with over
10 years of experience working in business-to-business environments in both large corporations and startups
across the globe, including in North America and Europe. Most recently Mrs Flanagan was the Partner
Program Manager for North American-based SaaS company Method:CRM, the number-one CRM app for
Intuit’s QuickBooks platform. Mrs Flanagan will be responsible for managing and expanding Velpic’s reseller
agreements, which will be pivotal in growing Velpic’s customer user base.

Velpic Chief Executive, Russell Francis, commented:
“The signing of a number of new resellers to the Velpic platform is fundamental to the Company’s client
expansion plans and provides Velpic with high growth revenue potential. A key component of 2016 will be
the continued growth of Velpic’s user base, particularly with regards to signing up additional reseller
partners.
“I am also pleased to welcome Mrs Carrie Flanagan as Velpic’s new Partner Program Manager, with
responsibility for the Company’s reseller agreements. Mrs Flanagan joins the Company with extensive
international SaaS experience, including in North America and will be an asset at this exciting time in the
Company’s journey.”

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]