XPED Ltd Stock Market Press Releases and Company Profile
Xped Receives Key Granted Patent
Xped Receives Key Granted Patent

Melbourne, Nov 23, 2015 AEST (ABN Newswire) - Raya Group Ltd (googlechartASX:RYG) is pleased to announce that its unique and valuable patent portfolio of Xped Holdings Limited (Xped) continues to grow with yet another patent granted, this time in Singapore, for its flagship Auto-Discovery Remote Control (ADRC) platform.

The award of the "ADRC Multicontroller Patent", an extended version of the original ADRC patent already awarded in many other jurisdictions, paves the way for mass adoption of ADRC in the region with Singapore well positioned as the technology hub of Asia. Singapore is the first country this patent has been granted and there are many others including the USA and EU where it is still pending examination.

Chris Wood, who is Xped's Chief Technology Offer (CTO), is co-inventor along with Xped's Chief Operating Officer John Schultz. Chris Wood and John Schultz are the original founders of Xped.

"The patent award is another significant milestone for Xped and to have it awarded in Singapore, the geographic backyard of our Global Headquarters is significant for us. We've had tremendous support from our partners in that market," said Chris Wood.

"The satisfaction of seeing the hard work that we've put into Xped come to realisation is gratifying. We still have more innovations to be similarly recognised and we shall continue with this effort. Our vision of making technology easy to use by everyone has been our dream for some time. That's really what Xped is all about."

X-Logo Trademark Awarded Protection in Europe

Xped was recently advised that is has been awarded extended protection of its international "X-Logo" registration by the European Community (OHIM) Trade Marks Office.

The decision came after an original objection was resolved with the opponent paying costs towards Xped to finalise the matter.

Corporate

Further to the recent equity placement announcements made on 10 November 2015 of $600,000 and 20 November 2015 of $1,400,000, the company confirms that all shares due to be issued as part of the consideration for the recent placements will not be quoted until after completion of forthcoming prospectus in relation to the acquisition of Xped Holdings Limited. The restrictions imposed on the shares again highlights the Company's direction of attracting key strategic investors.

About Xped

Xped has developed revolutionary and patent protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. It's as simple as two people shaking hands. By enabling the Internet of Things, Xped's ADRC platform will bring benefit to Manufacturers, Retailers, Service Providers and Consumers.

At Xped, we're Making Technology Human Again.

About XPED Ltd

Raya Group ASX:RYG

XPED Ltd (ASX:XPE) is an Australian Internet of Things (“IoT”) technology business. Xped has developed revolutionary and patent-protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. Xped provides technology solutions for Smart Home, Smart Building, and Healthcare.

At Xped, we’re Making Technology Easy Again(TM)

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Contact

Xped Inquiries:
John Stefanac
CEO - Xped Holdings Limited
T: +61 3 9642 0655
E: jmstefanac@xped.com
www.xped.com

Raya Group Inquiries:
Company Secretary
T: +61 3 9642 0655
E: info@rayagroup.com.au

Company Advisor:
Faldi Ismail
Otsana Capital
M: +61 423 206 324
E: Xped@otsana.com

Media Inquiries:
Asher Moses
Media & Capital Partners
M: +61 438 008 616
E: asher.moses@mcpartners.com.au



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