HSC Technology Group: Receives $1.1m order

HSC Technology Group (ASX:HSC) receives $1.1m order

  • HSC Technology Group (HSC) receives purchase order for over $1 million worth of stock from its platinum partner, Johnson Controls’ ADT Security Pacific
  • HSC provides a range of connected health and smart home solutions, allowing seniors and people with disabilities to live independently
  • The order for 3350 units is due to be delivered over the next 12 months, generating $1.1 million in revenue
  • ADT’s order follows an initial 1400-unit purchase of HSC’s “Essence Care@home” to replace a prior platform, which became outdated
  • The Essence Care@home hubs will all be connected to HSC’s proprietary TALIUS Data Analytics Platform
  • Company shares are trading flat at 1.8 cents at 1:35 pm AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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