Global Consumer Products Leader Selects Kneat to Digitize Validation
Kneat (TSX: KSI, OTCQX: KSIOF) has secured a three-year Master Services Agreement with a major multinational consumer food and drink producer to digitize its validation processes. The European-headquartered company will initially implement Kneat's solutions for Equipment and Computer System Validation within its health sciences division, which employs over 5,000 people.
The agreement allows for potential expansion of Kneat's services across all affiliate companies and business divisions. This partnership demonstrates Kneat's expanding reach beyond traditional life sciences into consumer products, particularly for companies requiring validation regulatory compliance. The digitization initiative aims to help companies mitigate risk and protect their established brands.
Kneat (TSX: KSI, OTCQX: KSIOF) ha ottenuto un contratto triennale di Master Services Agreement con un importante produttore multinazionale di cibo e bevande per digitalizzare i suoi processi di validazione. L'azienda con sede in Europa implementerà inizialmente le soluzioni di Kneat per la Validazione di Attrezzature e Sistemi Informatici all'interno della sua divisione di scienze della salute, che conta oltre 5.000 dipendenti.
Il contratto consente l'espansione potenziale dei servizi di Kneat in tutte le aziende affiliate e le divisioni commerciali. Questa partnership dimostra l'espansione della portata di Kneat oltre le tradizionali scienze della vita verso i prodotti di consumo, particolarmente per le aziende che richiedono conformità alle normative di validazione. L'iniziativa di digitalizzazione mira ad aiutare le aziende a mitigare i rischi e proteggere i loro marchi consolidati.
Kneat (TSX: KSI, OTCQX: KSIOF) ha asegurado un contrato de servicios maestra por tres años con un importante productor multinacional de alimentos y bebidas para digitalizar sus procesos de validación. La empresa con sede en Europa implementará inicialmente las soluciones de Kneat para la Validación de Equipos y Sistemas Informáticos dentro de su división de ciencias de la salud, que emplea a más de 5,000 personas.
El acuerdo permite una posible expansión de los servicios de Kneat en todas las empresas afiliadas y divisiones de negocio. Esta asociación demuestra el creciente alcance de Kneat más allá de las ciencias de la vida tradicionales hacia productos de consumo, especialmente para empresas que requieren cumplimiento regulatorio de validación. La iniciativa de digitalización tiene como objetivo ayudar a las empresas a mitigar riesgos y proteger sus marcas establecidas.
Kneat (TSX: KSI, OTCQX: KSIOF)는 주요 다국적 소비자 식음료 생산업체와 3년 마스터 서비스 계약을 체결하여 검증 프로세스를 디지털화합니다. 유럽 본사 기업은 처음으로 건강 과학 부문 내에서 Kneat의 장비 및 컴퓨터 시스템 검증 솔루션을 구현하며, 이 부문에는 5,000명 이상의 직원이 있습니다.
이 계약은 Kneat의 서비스가 모든 계열사 및 사업부로 확장될 가능성을 허용합니다. 이 파트너십은 Kneat가 전통적인 생명과학 분야를 넘어 소비자 제품으로 범위를 확장하고 있음을 보여줍니다. 특히 검증 규제 준수가 필요한 기업에 적합합니다. 디지털화 이니셔티브는 기업이 위험을 완화하고 기존 브랜드를 보호하는 데 도움을 주는 것을 목표로 합니다.
Kneat (TSX: KSI, OTCQX: KSIOF) a obtenu un contrat de services master de trois ans avec un grand producteur multinational de produits alimentaires et de boissons pour numériser ses processus de validation. L'entreprise dont le siège est en Europe mettra initialement en œuvre les solutions de Kneat pour la validation des équipements et des systèmes informatiques au sein de sa division des sciences de la santé, qui emploie plus de 5 000 personnes.
Le contrat permet une expansion potentielle des services de Kneat dans toutes les entreprises affiliées et divisions commerciales. Ce partenariat démontre l'expansion de Kneat au-delà des sciences de la vie traditionnelles vers les produits de consommation, en particulier pour les entreprises nécessitant une conformité réglementaire en matière de validation. L'initiative de numérisation vise à aider les entreprises à atténuer les risques et à protéger leurs marques établies.
Kneat (TSX: KSI, OTCQX: KSIOF) hat einen dreijährigen Master Services Agreement mit einem großen multinationalen Hersteller von Lebensmitteln und Getränken gesichert, um dessen Validierungsprozesse zu digitalisieren. Das in Europa ansässige Unternehmen wird zunächst die Lösungen von Kneat für die Validierung von Geräten und Computersystemen in seiner Gesundheitswissenschafts-Abteilung implementieren, die über 5.000 Mitarbeiter beschäftigt.
Die Vereinbarung ermöglicht eine potenzielle Expansion der Kneat-Dienstleistungen in alle Tochtergesellschaften und Geschäftsbereiche. Diese Partnerschaft zeigt Kneats wachsende Reichweite über die traditionellen Lebenswissenschaften hinaus in Richtung Konsumgüter, insbesondere für Unternehmen, die eine Einhaltung von Validierungsrichtlinien benötigen. Die Digitalisierungsinitiative zielt darauf ab, Unternehmen zu helfen, Risiken zu mindern und ihre etablierten Marken zu schützen.
- Secured new three-year Master Services Agreement with major multinational company
- Potential for expansion across all affiliate companies and divisions
- Entry into new market segment beyond traditional life sciences
- Initial deployment in division with 5,000+ employees
- None.
LIMERICK, Ireland, Feb. 07, 2025 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX: KSI) (OTCQX: KSIOF), a leader in digitizing and automating validation and quality processes, is pleased to announce that a multinational consumer food and drink producer (“the Company”) has signed a three-year Master Services Agreement (“MSA”) with Kneat to digitize its validation processes.
Headquartered in Europe and operating manufacturing facilities globally, the Company will initially use Kneat for Equipment and Computer System Validation within a specialized health sciences division with over 5,000 employees. The MSA allows the company to scale Kneat to all its affiliate companies and business divisions.
“Today's announcement highlights that life science applications for Kneat can be found outside traditional life sciences companies, as we bring another consumer products leader into the Kneat community. We are proud to be a part of this Company's world-class quality effort supporting their pursuit of health, wellness, and nutrition for people around the world.”
- Eddie Ryan, Chief Executive Officer of Kneat
The number of consumer goods companies relying on Kneat has grown over the past several years, as certain products in their portfolios are subject to validation regulatory requirements. Digitizing these processes helps these companies mitigate risk and protect the brands they have been building for years, and positions Kneat to continue adding value to their efforts over the years ahead.
About Kneat
Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to
Cautionary and Forward-Looking Statements
Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization, and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.
Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.
For further information:
Katie Keita, Kneat Investor Relations
P: + 1 902-450-2660
E: investors@kneat.com
FAQ
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