Nando's to trial Timestrip
April 21 2008 - 3:02AM
RNS Non-Regulatory
Timestrip PLC
21 April 2008
TIME.L
Timestrip Plc
("Timestrip" or the "Company")
Nando's to trial Timestrip
The Company is delighted to announce that Nando's Restaurants ("Nando's"), the
leading international Quick Service Restaurant chain based in Johannesburg, has
confirmed that it will commence live trials of the Timestrip smart labeling
system in selected outlets in South Africa.
Nando's operates 700 outlets in five continents, and has recently completed
rigorous product testing which confirmed the performance of the Timestrip
technology. Trials will commence in approximately 30 stores in the Western Cape
region. The main purpose of the trial is to quantify savings achieved through
reducing wastage and to assess the safety benefits associated with the use of
Timestrips as part of Nando's HACCP (Hazard Analysis Critical Control Point)
process.
In addition to these in-store trials, two key suppliers to Nando's will trial
Timestrip smart labels in order to assess how the technology helps to guarantee
the condition of products that are shipped through the cold chain.
Jeffrey Bloch, Group Technical Director, Nando's, commented: "We are committed
to the quality of the thousands of meals that are served worldwide by Nando's
every day and I am excited to be moving from the product testing phase to
in-store trials. The technology offers us the potentially unique proposition of
enhancing our already robust HACCP system whilst simultaneously helping us to
achieve cost savings in our operations."
Paul Freedman, Joint CEO, Timestrip Plc, commented: "This is a great opportunity
for Timestrip to establish itself with a leading international operator in the
Quick Service Restaurant sector and we look forward to building on an excellent
relationship between our companies."
For more information, please contact:
Paul Freedman, Joint CEO, Timestrip plc 01462 440 700
Shane Dolan, Biddicks 020 7448 1000
Bobbie Hilliam, Evolution Securities 020 7071 4300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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