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Ann: Shareholder Update - January 2019, page-3

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  1. Eqz
    1,270 Posts.
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    We are working with one of the world’s leading suppliers of cleaning solutions to the food industry.  Their system converts softened tap water and salt into a highly alkaline electrochemically-activated cleaning solution which is used to sanitise commercial kitchen surfaces.  To overcome the high cost of manually recording pH levels several times per day, CCP (through our White Tiger joint venture in the US) was approached to develop an automated system for pH measurement.  By leveraging our Smart Tag technology, we have successfully demonstrated a more accurate and cost-effective approach to pH monitoring and analysis. This opportunity includes many thousands of Smart Tags and big data analytics to predict pH changes.

    We have partnered with a multi-national professional services firm to supply refrigeration diagnostics to a globalbeveragesupplier seeking to remotely monitor more than 50,000 commercial fridges inAustralia. Through ourpartnershipwith Vodafone Global, we are in discussions with another global food companywith two millionrefrigeratedassets (world-wide) seeking a similar capability. Many global food and beveragecompanies supplyrefrigeratedassets to retail and food service outlets to hold their product. In many cases,they have tens ofthousandsof assets in the field. Their challenges include asset theft as well as highmaintenance costs and pooroperationalefficiency.

    CCP is preparing to commence paid trials with these companies tomonitor asset thelocation(to address theft), temperature performance and power status (for real-timediagnostics). Successful trials could lead to implementations across hundredsof thousands of assets. Paid trial to monitor transport vehicles for a National food distribution business. This will involve monitoring the location and temperature of their third-party transport vehicles and providing access to current status dashboards, maps as well as tabular and graphical reports.

    CCP’s smart tags have recently been deployed to feed data into a blockchain to underpin smart contracts associated with air shipments of beef to SE Asia. This trial is expected to lead to commercial deployment of the Blockchain

    CCP completed initial work on a healthcare application in early January 2019. Ongoing software development is expected to flow from additional functionality being planned for Release in 2019


    So many different potential markets to penetrate, will be a very interesting 2019.
    Last edited by Eqz: 27/01/19
 
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