PureDepth Inc. Ltd Proprietary and Confidential P01 June 2006 Investor Update (PDEP.OB)

PureDepth Inc. Ltd Proprietary and Confidential P02 Company Status Corporate Update: Completed merger on schedule – April 1, 2006 Mark Kalow appointed to Board of Directors and appointed Chairman of Audit Committee – April 11, 2006 Completed SEC filing and Name Change – May 8, 2006 New Symbol (PDEP.OB) – May 11, 2006 CFO hired – effective June 15, 2006 Additional independent board members recruitment is in process Product and Technology Update: DRS announces first availability of 30” wide- screen MLD – April 10, 2006 Sanyo and PureDepth announce exclusive agreement in Japan – May 15, 2006 PureDepth announces availability of mobile MLD for cell phones, handheld game devices, music players, etc. – June 5, 2006 PureDepth announces a total of 39 patents around the world – June 5, 2006

PureDepth Inc. Ltd Proprietary and Confidential P03 1.With the deployment of Sanyo in the Japanese amusement market, there are many other opportunities both in Japan in the U.S. for MLD devices – high possibility of an exclusive with performance and minimum targets 2.From the Licensing Strategy – securing 1- 2 key accounts in each sector will most likely put PureDepth past the break-even point. 3.Focus will be in Mobile Phones, Game Players, and Music Players 4.Secondary focus will be on LCD TV’s, Notebooks and PC monitors (not listed) 5.Opportunity driven projects center around Time-Critical markets such as defense, and medical 6.With the exception of Sanyo, all other partners are speculative at this time Market Opportunities Market*Units/YrASPGMProfit/Unit Specialized Embedded – Gaming: Japan 7,500,000$2,00020%$400 Specialized Embedded – Gaming: US and WW 500,000$7,50050%$3,750 Specialized Embedded – Automotive: WW 11,000,000N/A Mass Market – Mobile Phones 900,000,000$12520%$25 Mass Market – Game Players 50,000,000$15020%$30 Mass Market – Music Players 140,000,000$10020%$20 *NOTE: references for market data – collection of key manufacturers annual reports, market research reports and industry data. Units, ASP, and GM are aggregate estimates. Actual data for specific manufacturers vary per market.

PureDepth Inc. Ltd Proprietary and Confidential P04 Use of Proceeds Accelerate Sample/Prototype development to secure key partnerships (~$1M): >Mobile >Handheld Games >Music Players >Notebooks Increase Sales and Business Development market penetration (~$0.5M): >Japan >Europe >Pre-Sales Engineering Accelerate IP Closure in (~$0.5M): >Japan >Europe >U.S. Develop and Manufacture Stock Supply of Product- Ready MLD 19-23” (~$0.5M) Extend Runway to ensure critical mass market acceptance of technology (~$2-4M) Of an additional $4-6M will allow PureDepth to accelerate partnerships and move to a faster path to licensing revenue generation

PureDepth Inc. Ltd Proprietary and Confidential P05 Potential Licensing Revenues* *NOTE: potential opportunities from licensing revenues in selected market segments. The GM is assumed at 100% - execution and success is dependent on the partner. In addition, there are other market segments (e.g. music players, notebook computers, etc.) that are not listed. $0-5M$6-15M$16-30M>$30M Specialized/Embedded – Gaming (2-4 tier I partners) Specialized/Embedded – Automotive (2-4 tier I partners) Mass Market Consumer – Mobile Phones (2-4 tier I partners) Mass Market Consumer – Game Players (2-4 tier I partners)