New Product Launch - TimestripPlus
March 25 2009 - 3:01AM
RNS Non-Regulatory
TIDMTIME
Timestrip PLC
25 March 2009
25 March 2009
TIME.L
Timestrip plc
("Timestrip")
New Product Launch - TimestripPlus
The Company is delighted to announce the launch of TimestripPlus - a
cost-effective and simple-to-use indicator that shows if a product has been
exposed to temperature abuse during storage or transit and for how long that
temperature abuse lasted.
Developed from the Company's existing technology platform, TimestripPlus uses a
range of specially formulated materials that each has a specific melt and freeze
point. When that melting point is reached the material migrates in a controlled
way through the label, and only stops once it returns to its freeze point. In
this way it is possible to see at a glance how long a product spent above its
safe storage temperature, even if it was at some stage returned to the correct
temperature.
TimestripPlus is targeted as a cold chain tool for temperature sensitive
products in the pharmaceutical, healthcare and food sectors, where the financial
and safety consequences of temperature breaches are considerable. TimestripPlus
are easy to use, do not require special conditioning before activation, and are
easy to interpret.
The Company is delighted to announce that its distributor, Fingerprint Data
Systems UK, through one of its key partners, has already secured trial orders of
TimestripPlus in two large UK hospital sites. Focusing on the pharmacy supply
chain, Timestrip Plus is being used to ensure that products released from the
hospital pharmacy are not spending excessive periods of time above the correct
temperature.
There are two stock products currently available for the following temperature
thresholds: 12ºC (54ºF) for chilled products and 0ºC (32ºF) for frozen products.
The Company expects to bring additional products to market with different
temperature thresholds during 2009. Additional information on TimestripPlus is
available from www.timestrip.com/cold_chain_home.php
Reuben Isbitsky, Joint CEO Timestrip Plc comments: "We are excited to introduce
this product to the market, which is the result of an intensive research and
development effort over the last 18 months. TimestripPlus is manufactured using
existing machinery and expertise and complements the existing product range and
sales effort. We believe that there is a significant market potential for this
product and expect to continue to receive strong interest from several sectors."
Ends.
For more information please contact:
Reuben Isbitsky, Joint CEO, Timestrip Plc 01462 440700
Geoff Nash, FinnCap, NOMAD 020 7600 1658
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAGGGZFKDNGLZM
Time Finance (LSE:TIME)
Historical Stock Chart
From Jun 2024 to Jul 2024
Time Finance (LSE:TIME)
Historical Stock Chart
From Jul 2023 to Jul 2024