$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.
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.
