Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Investors Hangout MVP's Message Board

$INBS Fingerprint Drug Test Delivers Quantifiable

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 99125
(Total Views: 159)
Posted On: 01/30/2024 9:14:20 AM
Avatar
Posted By: louied91
$INBS Fingerprint Drug Test Delivers Quantifiable Benefits for Customers as Adoption in Workplaces Accelerates

https://www.globenewswire.com/news-release/20...rates.html

Customers identify in-house control, project flexibility, productivity, and cost reductions as key business benefits of fingerprint sweat-based drug testing

Construction and manufacturing firms replace traditional urine and oral fluid drug tests with more hygienic and dignified Intelligent Fingerprinting Drug Screening System - disrupting workplace testing market

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) (“INBS” or the “Company”), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today reported on the key operational benefits that customers are experiencing following deployment of the Intelligent Fingerprinting Drug Screening System to support workplace drug testing.

Customers across critical sectors such as construction, manufacturing and logistics are reporting substantial advantages post-implementation of the system, including:

enhanced control over drug screening processes by transitioning to in-house
improvements in workplace productivity
streamlined project compliance and
significant cost savings
A shift in preference toward fingerprint sweat-based drug screening has been observed, with many organizations seeking alternatives to traditional methods such as urine and oral fluid testing.

“We’re seeing an increasing need for drug and alcohol testing across major construction and manufacturing projects. Modern HSEQ and HR teams are recognizing that conventional drug testing approaches simply are not meeting the growing demands for improved operational efficiencies,” explained Harry Simeonidis, President and Chief Executive Officer at Intelligent Bio Solutions. “This realization is driving rapid customer adoption of our Intelligent Fingerprinting Drug Screening System, which not only offers a non-invasive, quick and easy solution but also improves efficiencies and unlocks significant productivity savings.”

Recent examples include:

A reduction in overall testing costs for P&O Ferries: P&O Ferries expects an estimated 90% reduction in overall drug testing costs by switching to an in-house program using the Intelligent Fingerprinting Drug Screening System, moving away from its former external urine drug testing service provider that required multiple cabins with toilet facilities, HR support, and external testers.

Well-supported employee inductions on one of Europe’s largest construction sites: Auctus Management Group has implemented a streamlined induction process utilizing the Intelligent Fingerprinting Drug Screening System at its core. This innovative approach allows for a comprehensive screening process, including collecting fingerprint sweat samples, alcohol breath analysis and biometric data collection, all within an 11-minute timeframe per candidate. According to Auctus: “we simply could not deliver this project at scale using urine or saliva drug tests.”

Maintained the presence of DGP Plc employees and contractors at customer project sites: Construction technology specialist firm DGP Plc has around 450 employees and contractors working on customer project sites at any time. DGP has effectively minimized on-site disruption caused by half-day absences required for urine-based testing by switching to quick, on-site fingerprint sweat-based drug screening in minutes.

Achieved greater control through in-house management of drug testing: Independent chemical manufacturer Robinson Brothers found that replacing its external urine-based drug testing service with the Intelligent Fingerprinting Drug Screening System meant it could conduct the same volume of workplace drug screening at around half the cost.


(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us