News Articles for Zimi

Smart home technology company Zimi has produced an impressive March quarter to generate more value in receipts from customers in the the last three months than in the combined amount from its previous two reporting periods. The company collected $464,000 in customer receipts in the quarter, compared to a combined $308,000 from the entire first half of the financial year, according to its latest quarterly report.

Smart home technology company Zimi has seen record device pairings in three of the last four months which the company says shows an accelerated market adoption as it prepares to launch into an adjacent smoke detection market. Zimi estimates the global smoke detector market will grow to about US$3 billion in five years.

With the humble home getting smarter and smarter, the opportunities associated with smart home products are endless and ASX-listed Zimi Ltd has positioned itself in the vanguard of the new wave of players. Zimi's smart power points and switches are next level and the company already has product in the market via distribution agreements with a seriously big retailer and a wholesaler that supplies almost 1000 stores.

ASX-listed smart home technology provider, Quantify Technology, has completed an exciting merger with like-minded GSM Innovations while successfully raising $4 million. Adelaide-based GSM-I, a subsidiary of unlisted electrical specialists Gerard Private Holdings, manufactures the segment-leading Zimi integrated home technology products. The deal also sees Gerard Private take a 40 per cent major shareholder position in Quantify.

Gerard Private Holdings' wholly owned subsidiary Zimi Powermesh, which is on the cusp of merging with smart home technology group, Quantify Technology, has just received an order for a whopping 10,000 units of its internet-connected devices. Once the acquisition of Adelaide-based Zimi has been ratified by Quantify shareholders at its annual general meeting next week, the merged entity plans to undertake a $4 million capital raise.

ASX-listed Quantify Technology has entered into an equity partnership arrangement with 100-year-old unlisted Gerard Private Holdings, owner of GSM Innovations, or “GSM-I” which produces a range of internet-connected household devices as Quantify seeks to shore up a dominant position in the smart home technology sector.

Quantify Technology will supply its smart home power-points, light switches and other smart devices via distributor, Fokused, for ten new apartments in Cannington within the Velocity development that is being built under the Australian Government's National Disability Insurance Scheme. Fokused and the design company have chosen to fit several devices to the new apartments that will effectively automate each apartment.

ASX-listed, smart home technology provider, Quantify Technology, has secured yet another sales contract through its east coast distributor, Harvey Norman Commercial, taking its “smart” light switches, power points and related hardware into a new, high-end residential development in Sydney. The three-year contract, worth in excess of $450,000, gives it exclusive rights to install its smart devices into thirty-six innovative, high quality apartments and townhouses being developed by Dilcara.

ASX-listed smart home product supplier, Quantify Technologies, says it is well placed to face the Coronavirus-inspired market headwinds after raising A$1.75m back in February and a number of previously placed orders are now starting to be delivered. The Perth-based company has also managed to slash $1m off its annual cash burn as it focuses on its manufacturing and distribution deals in the East coast.

Sonu Cheema, current company secretary of Avira Resources, will also become a non-executive director of the company.

ASX-listed smart home technology provider, Quantify Technology, has taken its “smart” light switches, power points and related hardware to market after securing international patents, global certification, a world-class manufacturer and distribution by one of Australia's largest commercial appliance suppliers. Quantify's patented products can be integrated with Amazon and Google's voice control technology allowing householders to control everything from the blinds to the TV to the lights using their voice.

A group of emerging Perth minds is using machine learning for everything from power grids to poetry.

Bentley-based Quantify Technology has entered into a three-year agreement with Harvey Norman's commercial division, which will see the franchise become the company's exclusive distributor in the eastern states.

Shares in Bentley-based Quantify Technology were up as much as 14.3 per cent today after the business signed a deal with Taiwanese company Foxconn Technology to progress towards manufacturing of its intelligent building management gadgets.

Perth-based Quantify Technology Holdings has announced a $4 million capital raising to progress the commercialisation of the company's flagship device.

Alexium International Group has appointed Jason Lewis as chief financial officer and Allen Reihman as chief commercial officer.

Perth company Quantify Technology Holdings has today announced a restructuring of its board of directors, the same day it announced the first commercial sale of its flagship device.

Pip Darvall has been appointed managing director of Jindalee Resources, replacing Lindsay Dudfield who will remain on the board as executive director.

Western Australian startups and young technology companies attracted about $109 million in funding in the December quarter, according to the latest report from tech sector analysts Techboard.

Perth company Quantify Technology Holdings has received firm commitments for a $5 million capital raising that will support increased development of the company's technology.

Perth company Quantify Technology Holdings says it has the potential to reap up to $30 million in sales a year through a new agreement with retailer Harvey Norman.

The chief executive of medical cannabis company AusCann Group Holdings has received a boost to her salary package, which will net her about $360,000 in cash for FY17.

Newly appointed chief executives in WA are on substantially lower salary packages compared with recent years, a Business News survey has found.

Quantify Technology Holdings has announced it is likely to win contracts for its internet of things services to be rolled out on three projects, including at the University of Western Australia's Medical and Dental Library.

Local entrepreneur Mark Lapins' Quantify Technology has wrapped up its first day of trading on the ASX, after completing a reverse takeover of WHL Energy and raising $5 million from investors.

WHL Energy has cleared the way to reinvent itself as a technology business after raising $5 million from investors ahead of its reverse takeover of Perth-based Quantify Technology.

SPECIAL REPORT: Nearly 70 WA-connected companies listed on the ASX in 2016, but current prospects indicate there will be substantially fewer this year.

Perth entrepreneur Mark Lapins is aiming to defy waning investor interest in tech startups, announcing plans for a backdoor listing that values his ‘internet of things' firm, Quantify Technology, at $22 million.