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BrainChip, March 2018 Quarter Update

• Announcement of a Development, License and Revenue Sharing Agreement with Gaming Partners International (NASDAQ:GPIC)

• Announcement of Interoperability with Quantum Corporation (NASDAQ: QTM) StorNext large-scale storage

• Announcement with Veritone Inc. (OTC:VERI) of BrainChip Studio Integration as a Cognitive Engine with Veritone aiWare Software-as-a- Service (SaaS) and On-Premise Solution

• Continued End-User and Original Equipment Manufacturer Penetration and the addition of Bager Sales in Southern California

• Announcement of Luis Coello as Director of Sales in Europe

• AkidaTM Spiking Neural Network Kernel Delivered to European Automobile Manufacturer

• Cash Receipts for the March Quarter of 2018 of US$500K (approximately A$650K)

San Francisco – 30 April, 2018 BrainChip Holdings Ltd. (“BrainChip” or the “Company”) (ASX:BRN), a leading developer of software and hardware accelerated solutions for advanced artificial intelligence (AI) and machine learning applications, is pleased to provide an update for the quarter ended 31 March 2018 to accompany the Company’s quarterly cash flow report.


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