Smartspace Software PLC SwipedOn Lockdown Activity
April 28 2020 - 2:00AM
RNS Non-Regulatory
TIDMSMRT
Smartspace Software PLC
28 April 2020
28 April 2020
SmartSpace Software Plc
("SmartSpace" or the "Company" or the "Group")
New customer enquiries at SwipedOn as New Zealand eases
'Lockdown' measures
in the wake of Covid-19
SwipedOn's visitor screening feature could create further
opportunities globally
SmartSpace Software plc, (AIM:SMRT) the leading provider of
'Integrated Space Management Software' for smart buildings,
commercial spaces and hospitality, today provides a further update
on its subsidiary, SwipedOn, based in Tauranga, New Zealand,
following last week's trading update.
As part of the trading update we commented that SwipedOn had
recently added visitor screening functionality to help customers
manage Covid-19. SwipedOn would also have the ability to provide
clients with comprehensive data on visitors, help them enforce
social distancing and provide contactless check-in, assisting
companies to effectively manage their workplaces in a post-Lockdown
world.
Putting this into context, the New Zealand Government,
introduced four levels of Lockdown, the strictest, Alert Level 4,
being in place since 25(th) March 2020. The Government has recently
announced that it is easing its Lockdown to Alert Level 3 on
Tuesday 28(th) April 2020. This will allow some businesses to
return to work.
As part of moving to Alert Level 3, the New Zealand Government
has said that reopening businesses must have systems in place to
record and track data for visitors and employees. This information
will allow those businesses to 'contact trace' in the event of
further Covid-19 outbreaks. In addition, this data must be retained
by those companies and be made available, if required, to the New
Zealand Ministry of Health.
For SwipedOn, this creates further opportunities as we assist
customers and their workplaces to fulfil their obligations under
these new directives. Since the end of last week, there has been a
noticeable increase in new customer enquiries, trials and customer
sign-ups in New Zealand. We have also seen similar interest from
Australia, another region that is expected to ease Lockdown
restrictions in the coming weeks. The Board is of the belief that
other countries and Governments, when easing their own Lockdowns,
could follow similar directives, opening up further new customer
enquiries for SwipedOn.
SwipedOn's current features include visitor registration,
employee sign-in/out, courier management, and visitor data storage.
All of these features in SwipedOn are relevant in the context of
implementing Covid-19 policies, in reception areas.
Commenting on the announcement, Frank Beechinor, Chief Executive
Officer of SmartSpace said: "With SwipedOn's ability to efficiently
create new functionalities within its platform and engage swiftly
with new customers due to its highly successful SaaS business
model, new opportunities, taking Covid- 19 directives as an
example, can develop extremely quickly. We remain confident of
SwipedOn's long term potential as a key component to SmartSpace's
business model".
Enquiries
SmartSpace Software Plc via Lisa Baderoon
Frank Beechinor (CEO) - Head of Investor
Bruce Morrison (CFO) Relations
Lisa Baderoon (Head of Investor Relations)
lbaderoon@smartspaceplc.com +44(0) 7721 413
496
N+1 Singer (NOMAD & Joint Broker)
Shaun Dobson, Head of Corporate Finance
Alex Bond, Corporate Finance
Tom Salvesen, Corporate Broking +44 (0)20 7496 3000
Canaccord Genuity (Joint Broker)
Adam James +44 (0) 20 7523
Georgina McCooke 8000
About SmartSpace Software Plc
SmartSpace Software plc is a SaaS-based technology business,
designing and building smart software solutions. The Company's
software solutions in workspace and hospitality help transform
employee and customer engagement with modules which include desk
management, meeting room management, wayfinding, car parking,
visitor management, frictionless vending, ticketing, loyalty
management and analytics.
For more information go to: www.smartspaceplc.com
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END
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