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Inventis Limited (ASX:IVT)

ALERT: Price-sensitive ASX Announcement for IVT
Current share price for IVT : $0.010 -0.014 (-58.33%)+
Release
28 Feb 2025 4:09PM
Price at Release
$0.024
Full Release
download
Summary
Inventis Limited, through its subsidiary Hazavoid Tx LLC, is focused on expanding its patented wireless mass notification system, which provides audio and visual alerts for emergencies such as active shooter situations and severe weather events. The company aims to finalize a $3 million Australian grant application to support the commercialization of this technology in the USA, enhancing safety for schools, military bases, and other venues. The system features customizable functionalities, including real-time lockdown capabilities and integration with existing infrastructures, to ensure broad and effective communication during emergencies.
Key Points
  • Hazavoid Tx LLC is a subsidiary of Inventis Limited.
  • The company is expanding its wireless mass notification system in the USA.
  • The system addresses emergencies including active shooter situations and severe weather.
  • A $3 million grant application has been lodged under the Industry Growth Program.
  • The expansion aims to enhance safety for schools and military bases.
  • The technology is designed to be easily integrated with existing infrastructures.
  • The system offers customizable features for effective communication.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.