Launches T3 Mini Scanner
Sydney, May 9, 2016 AEST (ABN Newswire) - YPB Group Ltd (
ASX:YPB) has released its patent pending T3 mini scanner, with the same functionality as the T2 model but measuring a third the size it is less expensive to produce, allowing for greater sales and higher margins.
Highlights:
- First production run of T3 scanners and 100 unit sale to client
- Existing T2 scanner to remain in production
- Smallest, most cost effective invisible tracer/scanner technology
The T3 scanner, the result of more than 12 months R&D, provides the opportunity for much wider distribution of scanners, including retail stores and hospitality venues, allowing vendors to demonstrate authenticity of products to customers. The T3 also allows brand owners, financial institutions and Government agencies to deploy scanners more widely for quick and easy product authentication in supply chains, production lines and at retail outlets.
The T3 scanner, whilst being significantly smaller than the T2, remains easy to use in identifying the absence/presence of YPB's invisible tracer.
An initial purchase of 100 units by YPB's major bottle closure customer HICAP has been delivered for a restaurant pilot. The pilot will be undertaken prior to a proposed wider release by a well-known Chinese liquor brand, with distribution to restaurants to enable authentication in the presence of customers.
HICAP, a major bottle closure company in China with an annual production exceeding two billion closures, executed a supply contract with YPB in early 2015. It is now ramping up production of bottle closures incorporating YPB's covert tracer material with a near term target of 200 million closures.
YPB Executive Chairman John Houston said: "The release and first sales of our T3 scanner is a significant milestone for YPB as it will accelerate the take up of our tracer/scanner technology globally. The new T3 mini scanner, with its convenient size and lower cost, has been highly sought after and anticipated by our clients."
To view the release, please visit:
http://abnnewswire.net/lnk/475NWJ7A
About YPB Group Ltd
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