Starcom PLC Launch of Watchlock Cube (3494O)
17 May 2018 - 4:01PM
UK Regulatory
TIDMSTAR
RNS Number : 3494O
Starcom PLC
17 May 2018
17 May 2018
Starcom Plc
("Starcom" or the "Company")
Launch of Watchlock Cube
The Company (AIM: STAR) is pleased to announce the launch of the
latest iteration of its awarding winning intelligent padlock, the
Watchlock Cube ("Cube"). This product was originally planned for
release in the third quarter of 2018 but is now available to the
market ahead of schedule.
The Cube is a stand-alone autonomous system which combines GPS
and cellular technology with a high-security padlock, providing
security and constant communication over any number of assets and
situations.
This latest Watchlock was developed in-house and will be
marketed under the Starcom brand, rather than in partnership as
previous versions have been, allowing a higher sales margin.
The success of the Watchlock is based on its ability to detect
any irregular event which will immediately trigger an emergency
alert, allowing the prevention of a breach or damage to the cargo
or station it is protecting.
The Company has high expectations for the Cube due to its
electronic shell being able to fit a variety of C10 padlocks from
various manufacturers, its lower price and a far more durable
battery life.
-ends-
Enquiries:
Starcom Plc
Michael Rosenberg, Chairman 07785 727 595
Avi Hartmann, CEO +972 5447 35663
Northland Capital Partners Limited (Nominated Adviser and Broker) 020 3861 6625
Matthew Johnson / Edward Hutton / David Hignell (Corporate
Finance)
John Howes (Sales and Broking)
Peterhouse Corporate Finance (Joint Broker) 020 7469 0930
Lucy Williams / Charles Goodfellow / Eran Zucker
Leander PR (Financial PR) 07795 168 157
Christian Taylor-Wilkinson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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