Business
European Contract Win
European Contract Win.
About this update from Time Finance Plc
[{"type":"text","content":"\n \nFOR IMMEDIATE RELEASE 3 February 2006\n\n Timestrip Plc ('Timestrip' or the 'Company') \n\nTimestrip smart labels to be integrated into leading brand of European fridges.\n\nTimestrip Plc, which markets an inexpensive and versatile label technology for\naccurately measuring elapsed time, is delighted to announce that it has agreed\nto supply Bioconservacion S.A., a leading manufacturer and distributor of Air\nPurification systems.\n\nTimestrip smart labels will be fully integrated into a device that maximizes\nthe shelf life of fruit and vegetables in domestic refrigerators. The device,\nknown as an Ethylene Absorption Filter will feature in a range of refrigerators\nsold later this year in Europe by FAGOR Group, the market leader for household\nappliances in Spain and France, whose Fagor, Brandt and De Dietrich brands also\nhave an important presence throughout Europe.\n\nThe Timestrip smart label will remind users to change the filter every 3 or 6\nmonths, dependent on model.\n\nPaul Freedman, Joint CEO and co-Founder of Timestrip Plc commented:\n\n'We are delighted to announce another tie-up with a leading household brand,\nthis time in Europe. This deal is consistent with our strategy of selling\nTimestrips into multiple channels in order to achieve the broadest possible\nexposure for the technology.'\n\nDr. Mª Rosa Cirera, Technical Director of Bioconservación, S.A. commented:\n\n'The efficiency of our Ethylene Absorption filters is greatly enhanced by their\ntimely replacement and we are confident that the integration of a label into\nthe device will encourage consumers to replace the filter on time and therefore\nenjoy the maximum life out of their fresh produce.'\n\nEnquiries:-\n\nPaul Freedman/Reuben Isbitsky, Joint CEOs, Timestrip plc 01462 440 700\n\nShane Dolan, Biddicks 020 7448 1000\n\nRoland Cornish/Felicity Geidt, Beaumont Cornish 020 7628 3393\n\nNotes to editors\n\nNotes about Timestrip Plc\n\nTimestrip plc has developed an inexpensive and versatile technology for\n\naccurately measuring elapsed time. Timestrip's smart labels contain a liquid\nwhich migrates across the label, enabling users of perishable food and other\nproducts to monitor for how long an item has been open or in use. The\ntechnology can be implemented as an external label or can be fully integrated\ninto products and product packaging.\...