MELBOURNE, AUSTRALIA, 27 JULY, 2017 – CCP Technologies Limited (ASX:CT1) has signed an agreement with UnaBiz – the exclusive Sigfox Operator in Singapore – to offer its low-cost automated temperature monitoring solution to the food industry using the Sigfox Network.
UnaBiz will support CCP’s marketing effort in the Singapore market and provides access to the Sigfox LPWAN. This enables CCP to deliver:
• A stand-alone solution which is not reliant on local telco networks
• A long-lasting battery-powered solution which is capable of uninterrupted operation even during power failures, and
• Simple, low cost “plug and play” installation.
Mr White said, “Our UnaBiz partnership presents an exciting market opportunity for CCP to develop its presence in South East Asia and enables us to use the Sigfox network to deliver our low-cost IoT critical control point monitoring platform in that market.”
“We are pursuing several material opportunities with customers in Australia who are interested in the Sigfox network benefits, and we’re excited by the prospect of similar opportunities through UnaBiz.”
Jonathan Tan, VP, Business Development at UnaBiz, said “Our objective is to help businesses realise the true value and full potential of IoT. With CCP now on the Sigfox network, we’re excited to offer Singapore’s food industry a low-cost solution to support better food safety and enhance business efficiency.”
In addition to marketing the CCP solution in Singapore, the partnership agreement with UnaBiz covers IoT development opportunities to leverage CCP’s IoT product management lifecycle capability.
Singapore is a highly attractive market for CCP. The food industry is vibrant and growing, with Singaporeans spending about US$5 billion annually eating out. By CCP’s estimates, there are over 7,000 food service outlets and 3,000 convenience stores in the region.
The Singaporean regulatory environment favours CCP. The Government’s AgriFood & Veterinary Authority has strict food safety regulations to minimise the risk of food poisoning, including mandatory critical control point monitoring procedures for food businesses in Singapore. CCP is ideally placed to meet these requirements as its Internet of Things (IoT) solution enables food businesses to better manage their critical control points.
ABOUT CCP NETWORK
CCP is focused on delivering solutions to support governance, risk, compliance and business improvement. Its low-cost IoT solution continuously captures temperature, humidity and other critical control point data 24/7, with an advanced cloud-based analytics platform providing business intelligence and alert notifications required to manage food safety and compliance. CCP empowers businesses to make better decisions.
Critical control points are the points in a supply chain where a failure of standard operating procedure has potential to cause serious harm to people – and to a business’ reputation and bottom line. In perishable food supply chains, temperature is a critical control point.
Prolonged exposure of food to the temperature danger zone will accelerate the rate of bacterial growth and quicken the food spoilage process. Thus, it’s important to ensure stringent time-temperature control along the supply chain to preserve the quality of the food and ensure food safety.
Standard critical control points include temperature, energy, environment (e.g. air and water quality, pH, chemicals, noise, acoustics and gases) and movement. Corporate: www.ccp-technologies.com Sales: www.ccp-network.com Contact: Michael White – Executive Director & CEO [email protected] +61 (0) 412 799 232
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