XPED RECEIVES $2,335,000 R&D TAX REFUND
Melbourne, Nov 9, 2017 AEST (ABN Newswire) - Xped Limited (ASX:XPE) ("Xped" or "the Company"), an Internet of Things ("IoT") technology company, is pleased to announce the receipt of a Research and Development ("R&D") Tax Refund from the Australian Tax Office of $2,335,259.66 for the financial year ending 30 June 2017.
This is a consolidated Tax Refund for the Xped Limited companies including Xped Limited, Xped Corporation, JCT Healthcare and Jackson Care Technologies. This excludes Jemsoft and Media Intelligence Co that were acquired in May 2017. The return for those companies is currently being processed.
About XPED Ltd
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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