120731 - Clarity - Appendix 4C FINAL

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Clarity OSS Limited (ACN: 057 345 785) ASX AnnouncementASX Code: CYO 31 July 2012

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(ACN: 057 345 785)

ASX Announcement31 July 2012

Clarity OSS Limited ReleasesAppendix 4C for Q4 2012

Sydney, Australia: 31 July 2012 Clarity OSS Limited (Clarity or Company), the award-winningprovider of unified solutions designed to simplify the operations of communication service providers,today released its Appendix 4C for the year ended 30 June 2012.

During the quarter the Company borrowed $1.15 million from CPS Group Investments (CPS) to fund theongoing working capital requirements of the business arising from the significant growth that Clarityachieved in the year ended 30 June 2012.

The Company reported a net operating cash outflow of $3.7 million for the year ended 30 June 2012,which compares favourably to a net operating outflow of $13.6 million for the previous year. TheCompany repaid a net amount of $7.98 million to CPS during the year to 30 June 2012, including theproceeds from the sale of IMX Software and ConverterTechnology, which compares favourably to $12.8million that was borrowed from CPS in the previous financial year.

For more information contact:

Jon NewberyChief Executive OfficerClarity OSS LimitedPhone: (02) 9925 [email protected]

About Clarity OSS Limited

Clarity OSS Limited (ASX: CYO) enables its customers to simplify their operations with a unified

operational management solution. Clarity provides an integrated, modular solution to optimize andautomate core operational processes to manage network build and movements, develop and sell nextgeneration products, and deliver and assure the quality of customer services.

Clarity solutions provide the lowest total cost of ownership using embedded best practices and process-driven workflow to reduce the complexity, risk and cost of operations. Clarity empowers its customers togenerate and protect revenue and enhance the complete customer experience. With over 40 Telecomcustomers worldwide, Clarity solutions currently help companies around the world manage over 500million subscribers.

Established in 1994, Clarity has offices worldwide. For more information, please visit www.clarity.com.
http://www.clarity.com/http://www.clarity.com/


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AdditionalInformation

Current Quarter Year to date(12 months)

$A000 $A000

1.8 Net operating cash flows (carried forward) (2,125) (3,689)

Cash flows related to investing activities

1.9 Payment for acquisition of:

(a) businesses (item 5) - -

(b) equity investments - -

(c) intellectual property - -

(d) physical non-current assets (88) (197)

(e) other non-current assets - -

1.10 Proceeds from disposal of:

(a) businesses (item 5) - 8,862

(b) equity investments - -(c) intellectual property - -

(d) physical non-current assets - -

(e) other non-current assets - -

1.11 Loans to other entities - -

1.12 Loans repaid by other entities - -

1.13 Other (Full Year Adjustment) - -

Net investing cash flows (88) 8,665

1.14 Total operating and investing cash flows (2,213) 4,976

Cash flows related to financing activities

1.15 Proceeds from issues of shares, options, etc. - -

1.16 Proceeds from sale of forfeited shares - -

1.17 Proceeds from borrowings 1,150 2,450

1.18 Repayment of borrowings - (10,429)

1.19 Dividends paid - -

1.20 Other - -

Net financing cash flows 1,150 (7,980)

Net increase (decrease) in cash held (1,063) (3,004)

1.21 Cash at beginning of quarter/year 2,165 4,106

1.22 Exchange rate adjustments to item 1.20 - -

1.23 Cash at end of period 1,102 1,102


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Payments to directors of the entity and associates of the directors

Payments to related entities of the entity and associates of the related entities

Current Quarter Year to date

$A'000 $A'000

1.24 Aggregate amount of payments to the partiesincluded in item 1.2 87 389

1.25 Aggregate amount of loans to the parties included initem 1.11 - -

1.26 Explanation necessary for an understanding of the transactions

Directors included in 1.24 Current Quarter $ Year to date $

Geoff Harrington 12,500 50,000Ian Lancaster 12,500 50,000

Fiona McLeod 12,500 50,000

Ian Campbell 18,750 75,000

Services rendered by DMA Insurance (party related to IanLancaster) 30,257 163,583

Loan repaid to CPS Group Investments Pty Ltd as trustees forPowerlan Investment Trust ("CPS") (party related to Ian Campbell) - 9,129,183

Non-cash financing and investing activities2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities

but did not involve cash flows

N/A

2.2 Details of outlays made by other entities to establish or increase their share in businesses in which the reportingentity has an interest

N/A


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Financing facilities available

Add notes as necessary for an understanding of the position. (See AASB 1026 paragraph 12.2).

Amount available Amount used

$A000 $A000

3.1 Loan facilities 22,000 20,560

3.2 Credit standbyarrangements - -

Reconciliation of cashReconciliation of cash at the end of the quarter (as shown in theconsolidated statement of cash flows) to the related items in theaccounts is as follows.

Current Quarter Previous Quarter

$A000 $A000

4.1 Cash on hand and at bank 367 1,427

4.2 Deposits at call -

4.3 Bank overdraft - -

4.4 Other (please specify): bank guarantee deposits 735 738

Total cash at end of month (item 1.23) 1,102 2,165

Acquisitions and disposals of business entitiesDisposals Disposals

(Item 1.10(a)) (Item 1.10(a))

$A000 $A000

5.1 Name of entity

5.2 Place of incorporation or registration5.3 Consideration for acquisition or disposal

5.4 Total net assets

5.5 Nature of business

Compliance statement

1 This statement has been prepared under accounting policies which comply with accounting standards as defined inthe Corporations Act (except to the extent that information is not required because of additional note 2) or otherstandards acceptable to ASX.

2 This statement does /does not* give a true and fair view of the matters disclosed.

Andrew Wrigglesworth

(Director/Company Secretary)

Documents

120731 - Clarity - Appendix 4C FINAL