Byte Power Group Limited Stock Market Press Releases and Company Profile

Brisbane, Mar 12, 2008 AEST (ABN Newswire) - The Board of Byte Power Group Limited (ASX: BPG) provides the following update to the market on the group's e-Kiosk project in Chongqing City, China. This is a further update to the announcement dated 26 September 2007.

- 7 districts out of a total of 40 districts in Chongqing targeted for Approvals

- 100 site proposals submitted to Authorities of which 24 have already been approved.

- 19 e-Kiosks have been rolled out in three districts as at 12 March 2008

- 30 e-Kiosks completed and ready for deployment

- Software systems and Data Centre fully operational

- Operational e-Kiosks are generating revenues

e-Kiosk Roll-out

There are 19 e-Kiosks installed at key road junctions, major malls, plazas and train stations in Hechuan (4), Yubei (10) and Jiangjin Districts (5) which provide services to 1.5 Million residents in Hechuan, 1.45 Million in Jiangjin and 0.8 Million in Yubei.

Following the initial roll-out, Byte Power Chongqing is installing additional e-Kiosks to the approved sites in Yubei District. Additional sites have been submitted for approval in Hechuan and these will be rolled out once approval is received. Byte Power Chongqing, with the support of the local authorities, is working to identify suitable sites in Changshou, Jiulongpo and Fuling Districts.

Partnerships

Byte Power Chongqing is finalising a supply agreement with major beverage companies in Chongqing to provide beverages for all the e-Kiosks. Byte Power Chongqing is also close to finalising a partnership agreement with a telecommunication company.

Operational

Based on the feedback gained from the original sites, the e-Kiosk design has been updated to incorporate changes making the e-Kiosks easier to manage and maintain and lower the cost of production.

Operationally, the core system has been completed with the solution providing all the planned services and content via a dedicated network. Additional service opportunities have been identified as the project has developed and these have been included in the system. This includes the addition of e-ticketing hardware which is currently undergoing final testing prior to being rolled out.

Revenues

Revenue is now being realised from the operational e-Kiosks. As further e-Kiosks are rolled out and additional services are added, revenue will continue to grow. Revenues are currently being generated from the rental of the kiosks, advertising and commissions.

About Byte Power Group Limited

Byte Power Group Limited ASX BPGByte Power Group Limited (ASX:BPG) is a diversified technology solutions group with a particular emphasis on securing Asian business opportunities.

Through Wimobilize, the Group has a new cutting edge technology solution, a proprietary Advance Hybrid Artificial Intelligence Big Data Technology Platform consisting of 31 Advance Analysis Engines, 4 levels of Hybrid Correlation and Al Profiling Algorithms customised for governmental, healthcare, banking, telco and tourism industries. This proprietary Big Data technology platform elevated the AI Predictive Analysis and deep insight intelligence to a new paradigm, applicable to any market segment.

This Wimobilize Big Data technology powered e-commerce ecosystem will provide the next generation innovative trading platform for distributing the Company's Australian wine, organic honey and honeycomb.

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Contact

Ethel Lau
Company Secretary
TEL: +61-7-3620-1688
FAX: +61-7-3620-1689


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