HAIFA,
Israel and TEL AVIV,
Israel, Aug. 1, 2022 /PRNewswire/ -- ZIM
Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the
closing of an approximately $5
million Series B financing round in Sodyo Ltd., a developer
of next generation scanning technology.
Sodyo's next generation scanning technology creates highly
functional offline to online (O2O) solutions that allows businesses
to access information and understand their workflows, and enable
online interaction with customers. Using customizable colorful
markers, Sodyo's Visual Code takes scan technology beyond the QR
code to operate on any media (outdoor or indoor, print or digital,
mobile or stationary), from much greater distances than with any
other technology, scanning multiple markers at one time and under a
wide variety of environmental conditions.
Proceeds of this investment are intended to further develop
Sodyo's technology and expand its implementation, including
ZIMARK's, a Sodyo-ZIM joint venture, dedicated to applying Sodyo's
scanning technology to the logistics sector and supply chain
processes.
Eli Glickman, President and
CEO of ZIM, remarked, "Sodyo continues to make important
progress in developing its revolutionary scanning technology. Under
the leadership teams at Sodyo and ZIMARK, the two companies have
executed a number of successful POCs that demonstrate the potential
this technology has to become the new global standard for scanning
technology – with business uses and applications in various
industries. We are excited to continue supporting Sodyo and ZIMARK
and believe they hold potentially significant value for ZIM.
Furthermore, we will continue to leverage our position within the
startup ecosystem in Israel to
identify other attractive innovative technologies and companies,
complementary to ZIM's core business, that can serve as growth
engines for ZIM."
Alon Raz, Sodyo's
CEO noted: "We are proud to have ZIM as a strategic
partner and once again win their vote of confidence. ZIM's global
network and business expertise in verticals Sodyo is currently
focused on, has already had a tremendous impact, and with this
additional investment, we will be able to step up our efforts in
making Sodyo's groundbreaking scanning technology a worldwide
standard."
Try ZIMARK yourself. Download the ZIMARK application
from
App store or Google Play.
About ZIM
Founded in Israel in 1945, ZIM
(NYSE: ZIM) is a leading global container liner shipping company
with established operations in 100+ countries serving more than
25,000 customers in over 300 global ports. ZIM leverages digital
strategies and a commitment to ESG values to provide customers
innovative seaborne transportation and logistics services and
exceptional customer experience. ZIM's differentiated global-niche
strategy, based on agile fleet management and deployment, covers
major trade routes with a focus on select markets where the company
holds competitive advantages. Additional information about ZIM is
available at www.ZIM.com.
About Sodyo
Sodyo's mission is to create highly functional offline to online
environments. Through Sodyo, people and businesses can interact and
move seamlessly between their physical and digital worlds. This is
accomplished using a new state of the art scanning technology.
Essentially, consumers can scan a code and get instant access to
content, regardless of where they are or what device they are
using. "If you can see it, you can scan it"! Sodyo is primarily
focused on providing interactivity solutions to customers in the
fields of media, sports, and digital out of home, supplying a
wealth of engagement and monetization opportunities.
ZIM Forward-Looking Statements
This press release contains or may be deemed to contain
forward-looking statements (as defined in the U.S. Private
Securities Litigation Reform Act of 1995 and the Israeli Securities
Law, 1968). In some cases, you can identify these statements by
forward-looking words such as "may," "might," "will," "should,"
"expect," "plan," "anticipate," "believe," "estimate," "predict,"
"potential" or "continue," the negative of these terms and other
comparable terminology. These forward-looking statements, which are
subject to risks, uncertainties and assumptions about ZIM
("ZIM", or the "Company") may include projections of
the Company's new service capabilities and advantages, future
financial results thereof, as well as its anticipated growth
strategies and anticipated trends in its business. These statements
are only predictions based on the Company's current expectations
and projections about future events or results. There are important
factors that could cause the Company's actual results, level of
activity, performance or achievements to differ materially from the
results, level of activity, performance or achievements expressed
or implied by the forward-looking statements. Factors that could
cause such differences include, but are not limited to: market
changes in freight, bunker, charter and other rates or prices, new
legislation or regulation affecting the Company's operations, new
competition and changes in the competitive environment, the outcome
of legal proceedings to which the Company is a party, and other
risks and uncertainties detailed from time to time in the Company's
filings with the U.S. Securities and Exchange Commission, including
under the caption "Risk Factors" in its 2021 Annual Report.
Although the Company believes that the expectations reflected in
the forward-looking statements contained herein are reasonable, it
cannot guarantee future results, level of activity, performance or
achievements. Moreover, neither the Company nor any other person
assumes responsibility for the accuracy and completeness of any of
these forward-looking statements. The Company assumes no duty to
update any of these forward-looking statements after the date
hereof to conform its prior statements to actual results or revised
expectations, except as otherwise required by law.
ZIM Contacts
Media:
Avner Shats
ZIM Integrated Shipping Services Ltd.
+972-4-865-2520
shats.avner@zim.com
Investor Relations:
Elana Holzman
ZIM Integrated Shipping Services Ltd.
+972-4-865-2300
holzman.elana@zim.com
Leon Berman
The IGB Group
212-477-8438
lberman@igbir.com
Sodyo Contacts
Cathy Yagur
Sodyo Ltd.
+972-52-865-9535
Cathy@sodyo.com
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SOURCE ZIM Integrated Shipping Services Ltd.