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Quantify Technology Holdings eyes larger sales pipeline

Earlier this month, WHL Energy re-listed as Quantify Technology.
Quantify Technology Holdings eyes larger sales pipeline
Focusing on building a sales pipeline for IoT solutions

Recently listed Quantify Technology Holdings (ASX:QFY) is focusing on building a sales pipeline for its Internet of Things (IoT) solutions targeting commercial and enterprise building projects.

Earlier this month, WHL Energy re-listed as Quantify Technology after completing its transition into the technology business by raising $5 million as part of its reverse takeover of Perth-based Quantify.

Quantify is pioneering a technology to create intelligent buildings which provide real-time evaluation of environmental and risk factors for its occupants.

The company’s ‘Q Device’ will also help proactively manage services and utilities to ensure that the highest levels of efficiency are achieved – for example, maximum energy efficiency.

Quantify has already signed an agreement to supply products to the Wallaroo Shores project in Wallaroo, South Australia.

Wallaroo Shores is an 18.5-hectare development valued at $220 million and will feature a four-star resort, a residential component and a lifestyle village.

Quantify has signed an agreement for the sale and installation of products for circa 650 dwellings in the project.

Furthermore, Quantify’s technology has been specified to be used in two building projects in Western Australia and one in New South Wales:

- University of Western Australia Medical and Dental Library project,

- Crest Apartment project in Burswood, Western Australia and

- Lindfield Apartment project in Sydney, New South Wales.

Specification refers to the Q Device being included in the electrical engineering plans for the projects.

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