Perth based smart building company, Quantify Technology Holdings (ASX: QFY) – which made a backdoor listing on the ASX in March says it has achieved “a major milestone,” by gaining Australian and New Zealand certification (AS/NZS CISPR 15 and AS/NZS 4268) for its flagship product, the Q Device.
AS/NZS CISPR 15 covers RF interference limitations. AS/NZS 4268 cover conformance with ACMA requirements for devices used in class-licensed RF spectrum
The Q Device, according to Quantify, “provides real-time evaluation of environmental and risk factors for building occupants, as well as proactively managing services and utilities to ensure the highest levels of efficiency are achieved – for example, maximum energy efficiency – to create truly intelligent buildings.”
According to its prospectus the Q Device “replaces AC light switched/dimmers and power outlets with intelligent devices to provide real time evaluation of environmental and risk factors for building occupants as well as proactively managing services and utilities to achieve the highest levels of efficiency – for example maximum energy efficiency – to create truly intelligent buildings.”
The company says certification means it is now able to further progress its strategy of securing large commercial and enterprise projects and start delivery of Q devices for these projects in the second half of 2017.
Prospects for large-scale rollouts
“Pending the award of projects that Quantify’s Q Device is currently being specified for, the company remains on track with its commercialisation and product delivery road map and continues to receive strong interest in its target markets,” it said, adding: “Quantify is focused on generating sales into new construction projects including iconic commercial and enterprise projects. The Company is also in discussions with parties looking to form strategic partnerships with systems integrators and channels.”
Quantify says its aim is to become one of the key infrastructure solutions to enable the future growth of the Internet of Things.
“Much as the Internet today is comprised of key devices such as switches and routers to allow it to scale to the size and performance we see today, Quantify’s intelligent devices aim to be the ‘switches’ and ‘routers’ of the future of the Internet of Things – allowing a simpler more scalable architecture as the Internet of Things grows.”
Quantify shares started trading on the ASX on 8 March at $0.076. On 31 March, two days after the announcement they were at $0.079. They peaked at $0.087 on 14 March.
