Looking a little deeper into Aeroqual .

Another NZ based company established in 2001 with what is stated on the website 24 employees.

Revenue $4.68mill US (I assume this past FY)

I couldn't get a grasp on if they are listed in NZ or Aust or US (assuming they are private)

What is of interest to me is clearly EVS are significantly bigger as a company in revenue and employee base etc. If this is the case what is the reason of MoU versus a straight takeover ?

Is this simply a step in that direction ?

Can see the attraction for both parties and i assume in order for this to be a partnership what Aeroqual offer is not what EVS have thus no competing platforms ?

Disclose I Hold in SM and RL

Bill