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Lake Street serves as financial advisor for SITO Mobile, Ltd. (NasdaqCM:SITO), in its registered direct offering of 1,200,000 shares of its common stock and warrants.

July 28, 2017

Lake Street is pleased to announce it served as the financial advisor for SITO Mobile, Ltd. (NasdaqCM:SITO), a leading mobile engagement platform, in its registered direct offering of 1,200,000 shares of its common stock and warrants exercisable for up to approximately 300,000 shares of its common stock for gross proceeds of $6.0 million.

About SITO Mobile, Ltd. (NasdaqCM:SITO)

SITO Mobile is transforming the manner in which brands connect with consumers in the real world by developing a mobile engagement platform that drives awareness, loyalty, and ultimately sales. In an increasingly mobile-first culture, SITO Mobile delivers proven location-based advertising solutions to Fortune 500 brands and agencies. Through innovation, the company uses proprietary data to build cutting edge, in-house technology, arming clients with the best resources for successful campaigns. Using in-store targeting, proximity targeting, geo-conquesting and attribution data, the platform creates audience profiles to develop measurable hyper-targeted campaigns for brands. SITO’s real-time location-based marketing technology gives us the unique advantage of understanding and shaping the future of retail and consumer behavior.

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