NetworkNewsBreaks – SOBR Safe Inc. (NASDAQ: SOBR
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Posted On: 10/03/2024 5:09:59 PM
NetworkNewsBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Provides Update on International Expansion Opportunities in Key Markets
SOBRsafe (NASDAQ: SOBR), a provider of next-generation, transdermal alcohol-detection solutions, is reporting on potential international expansion into three markets: India, Italy and Australia/New Zealand. According to the report, the company was approached by interested parties in all three regions regarding utilization of SOBRsafe technologies. In India, an infrastructure developer has designated SOBRsafe for a paid proof-of-concept (“POC”) installation in a public, safety-sensitive facility. In Italy, a global employer is leveraging SOBRsafe for a paid POC application of its proprietary wristband for the company’s fleet drivers. In Australia/New Zealand, the company has partnered with a leading drug- and alcohol-testing service provider in the region to begin sales efforts. In addition, approval from courts in both countries have been obtained to use SOBRsafe technology in family law cases.
“Based on the outcomes of these opportunities, we will evaluate the potential for strategic international expansion at the end of first quarter 2025,” said SOBRsafe CEO and chair Dave Gandini in the press release.
NOTE TO INVESTORS: The latest news and updates relating to SOBR are available in the company’s newsroom at https://nnw.fm/SOBR
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
SOBRsafe (NASDAQ: SOBR), a provider of next-generation, transdermal alcohol-detection solutions, is reporting on potential international expansion into three markets: India, Italy and Australia/New Zealand. According to the report, the company was approached by interested parties in all three regions regarding utilization of SOBRsafe technologies. In India, an infrastructure developer has designated SOBRsafe for a paid proof-of-concept (“POC”) installation in a public, safety-sensitive facility. In Italy, a global employer is leveraging SOBRsafe for a paid POC application of its proprietary wristband for the company’s fleet drivers. In Australia/New Zealand, the company has partnered with a leading drug- and alcohol-testing service provider in the region to begin sales efforts. In addition, approval from courts in both countries have been obtained to use SOBRsafe technology in family law cases.
“Based on the outcomes of these opportunities, we will evaluate the potential for strategic international expansion at the end of first quarter 2025,” said SOBRsafe CEO and chair Dave Gandini in the press release.
NOTE TO INVESTORS: The latest news and updates relating to SOBR are available in the company’s newsroom at https://nnw.fm/SOBR
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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