Company Update and Launch of Device Browser App
Perth, Aug 4, 2016 AEST (ABN Newswire) - Xped Limited (
ASX:XPE) ("Xped" or "the Company") wishes to provide a Company Update.
HIGHLIGHTS
- Launch of app in iOS & Android stores ahead of schedule
- Xped & Telink joint marketing efforts open opportunities in automotive accessory & smart home lighting markets
- Development with automotive accessory company for potential large scale roll out
- Xped continues to review presented opportunities
LAUNCH DATE FOR iOS & ANDROID STORES
The Company is delighted to announce that final stage software development for Xped's "DEVICE BROWSER" APP is progressing well and the company is well on track to launch native versions of Xped's "Device Browser" APP in the Apple and Google Play stores during September.
CUSTOMER & BUSINESS DEVELOPMENT UPDATE
Following recent Business Development meetings the Company has been requested to develop a Bluetooth(R) solution for a potential high volume automotive audio accessory product offering.
Xped is now currently finalising software integration and design for this automotive audio accessory product and the Company expects to demonstrate its solution to the client during August. The prospective client (consumer electronics manufacturer) has seen the potential in the Xped "Device Browser" APP and ADRC platform.
In addition Xped is in the final stages of development for a smart home lighting solution that will be presented to a "Tier 1" manufacturer in the near future.
The above mentioned opportunities highlight some of the first joint marketing efforts that Xped and Telink are collaborating on.
Xped will now aim to progress these opportunities for both first revenue and active subscriber uptake for its "Device Browser" APP.
REVIEWING OPPORTUNITIES
The Company would like to advise that it is presently reviewing complimentary opportunities that have been presented to the Company in the IoT sector over the past months.
The Company will continue to update the market as these opportunities unfold.
About XPED Ltd
XPED Ltd (ASX:XPE) is an Australian Internet of Things (“IoT”) technology business. Xped has developed revolutionary and patent-protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. Xped provides technology solutions for Smart Home, Smart Building, and Healthcare.
At Xped, we’re Making Technology Easy Again(TM)
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