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Aeeris Limited signs early warning services contract with telco

Aeeris Limited signs early warning services contract with telco

Aeeris Limited (ASX:AER) has signed an agreement for a broadband telecommunications network infrastructure project in Australia to use its early warning network services.

The company provides location based threat and emergency warning systems via alerts and tools for users.

Aeeris will provide a set of alerting, forecasting and monitoring tools to enable the customer to track risks such as severe weather events, flooding, bushfires, temperature inversions and power outages.

During recent storms and flooding in South East Queensland, Aeeris’ early warning network (EWN) sent out over 311,000 SMS and 304,000 emails alerts to Brisbane residents alone.

The company which listed in on the Australian Securities Exchange in March has 100 corporate and government paying subscribers to its data service and 250,000 free social media and App users.

It raised $3.5 million in an Initial Public Offering at an issue of $0.25.

The system has been operating since 2007 and lays claim to sending out millions of alerts, across more than 18,000 events in Australia.

Threats are verified by a 24x7 operational team at Aeeris to provide targeted location-based warnings.

 

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