SFP 0.00% 0.5¢ safety medical products limited

announcement

  1. 3,966 Posts.
    General Manager
    The Company Announcements Office
    Australian Stock Exchange Limited
    Australia Square
    Sydney NSW 1215
    ANNOUCEMENT
    Dear Sir/Madam,
    Safety Medical Products Ltd is pleased to announce the successful commencement of
    commissioning of the Securetouch Retractable Syringe Assembly Machine.
    There has been a slight delay to getting to this point due to some inconsistencies in the quality of
    components supplied for assembly, however these issues have now been resolved.
    We advise the machine had achieved an assembly rate of more than 2,500 units per hour by the
    end of last week and will now be gradually ramped up over the next week to reach its full desired
    capacity of a minimum 4,000 units per hour or more than 34million units per year.
    The ramping up to full capacity is a gradual process due to constant monitoring and analysis of
    each assembly station on the equipment.
    This enables identification of sections that can be accelerated to their full potential thus achieving a
    total synchronisation at maximum speed whilst not putting the equipment at risk during this
    process.
    When full commissioning has been completed the equipment will be prepared for shipping to the
    Exel Syringe Plant in Korea for installation and full production.
    The company will soon have video footage of the assembly equipment in action on its website and
    we look forward to full commissioning very soon.
    Yours faithfully,
    John Riemelmoser
    Managing Director
 
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