Datagate Investor Update

Dear Fellow Investors, As you know, Datagate offered a Rights Issue to existing shareholders during September and October this year, to raise $500K of new capital, to enable faster expansion into the North American market. I'm pleased to report that the Rights Issue has closed successfully and that we raised $683,710 (as set out below) and therefore over-achieved our target of $500K by $183,710. Shareholder Group Cash Invested (Shares Purchased) Directors & Customer $229,998 (153,332) Enterprise Angels $144,879 (96,586) Flying Kiwi Angels $55,000 (36,665) Ice Angels $219,633 (146,422) NZVIF $34,200 (22,800) Totals $683,710 (455,805 Shares) As discussed during the investor presentations, Datagate attended the ConnectWise IT Nation conference in Orlando, Florida earlier this month. We were very well received there and came back with over 100 American sales leads, several potential sales partnerships and ConnectWise's award for "Best Newcomer". We think that this early step with the ConnectWise community has validated that there is significant demand for Datagate in North America and has put us well and truly on the ConnectWise community's radar. We are now following up with all our new American contacts and working to ensure that many of these new leads are converted to sales in the New Year. Thank you for your on-going support of Datagate. I believe we are now entering a very interesting and exciting time for the business. Yours Sincerely Mark Loveys, CEO Datagate Innovation Limited Email: mark.loveys@datagate-i.com End CA:00310569 For:ENS Type:GENERAL Time:2017-11-17 14:49:53