(ASX:CT1)
ASX ANNOUNCEMENT
CCP Expands into Bio Storage Industry with Monash University
Highlights:
•CCP has completed successful trials with Monash University for a new premium monitoring solution
•Protects biological assets with extreme temperature monitoring to negative 80 degrees and lesser
•Expands CCP’s market for monitoring beyond refrigeration for consumables
•Demonstrates the product versatility enabled by CCP’s
21 MAY 2019 – IoT development and solutions company, CCP Technologies Limited (“CCP” or “the Group”) (ASX:CT1) is pleased to announce that it has successfully developed a new application of the CCP monitoring solution that can accurately monitor the temperature of biological assets down to negative 80 degrees with potential for lower temperatures following further development.
CCP believes that the solution is
The insurance and disruption costs associated with the loss of biological assets due to breaches in temperature tolerance limits is a major issue for scientific and medical facilities globally.
CCP has been progressively rolling out its monitoring solutions at Monash University and this application represents a new
CCP’s monitoring solution not only provides
As part of a broader planned rollout of CCP’s monitoring solution at Monash University, 120 monitoring points have been identified for the application of the new solution.
CCP intends to market the new premium monitoring solution to the
This new application highlights CCP’s unique versatility to respond to client needs and market opportunities that is enabled by the IoT development team.
For further information please contact:
About CCP Technologies
CCP Technologies Limited offers an IoT technology solution comprising smart sensors that are placed in temperature controlled environments and push data to a
The Company’s IT development division specialises in IoT software and hardware development and maintenance and can deliver an