SOBRsafe Publishes Customer Experience and Results Across Three Key Installations
- 100% pass rate for TerraTech Services with SOBRcheck™
- Significant growth in monthly scans and pass rate for Big Horn County, Montana
- Up to 4x faster throughput at check-in/check-out for Alternatives, Inc.
- None.
Insights
The implementation of SOBRcheck™ technology by SOBR Safe, Inc. has reportedly led to a substantial improvement in pass rates for alcohol detection across various customer segments. This is particularly notable in the case of TerraTech Services, where a remarkable 100% pass rate has been achieved, significantly surpassing the industry average of 60%-70%. Such an increase in efficiency could potentially translate into lower operational costs and reduced liability for companies that adopt this technology. Additionally, the growth in monthly scans at Big Horn County, Montana, from 21 to 225, coupled with a pass rate jump from 67% to 92%, suggests a rapid adoption and trust in the system's efficacy, which could indicate a strong market penetration and customer satisfaction.
For investors, these metrics suggest that SOBR Safe, Inc. may be capturing market share and could be establishing itself as a leader in alcohol monitoring solutions. The positive feedback from customers enhances the company's reputation and might lead to an increase in sales, partnerships and market presence. However, it is essential to monitor how these figures translate into financial performance in subsequent quarters to understand the long-term sustainability and profitability of the technology.
The empirical data provided by SOBR Safe, Inc. regarding their SOBRcheck™ system's performance could have a positive impact on the company's financials. A 100% pass rate, as reported by TerraTech Services, suggests a highly reliable product that could lead to repeat business and new customer acquisition through positive word-of-mouth. Furthermore, the increase in efficiency, as highlighted by Alternatives, Inc., where the throughput at check-in/check-out has quadrupled, indicates a potential for cost savings for users of SOBRcheck™, which could be a compelling sales point.
Investors should consider the scalability of the technology and the company's ability to maintain high pass rates and efficiency gains as they expand their customer base. It would be prudent to analyze the company's R&D expenses and sales and marketing strategies to ensure that they can sustain innovation and market growth. The impact on the stock price will likely depend on the company's ability to convert these operational successes into tangible financial growth.
The reported success of SOBRcheck™ in reducing violations and increasing efficiency may have significant legal implications for businesses that require alcohol monitoring. For instance, TerraTech Services' 100% pass rate could suggest a reduction in workplace incidents related to alcohol consumption, which in turn could decrease the likelihood of legal action against the company for such incidents. This could be a substantial benefit for companies in high-risk industries where safety is paramount.
Moreover, Big Horn County's use of SOBRcheck™ for monitoring community members could reflect positively on public safety initiatives and may influence future legislation or policies regarding alcohol monitoring. If the technology continues to prove effective, it could become a standard in certain legal or regulatory frameworks, which would be advantageous for SOBR Safe, Inc. from a legal perspective. Companies considering the adoption of such technology should evaluate the potential legal benefits against the cost of implementation.
DENVER, CO / ACCESSWIRE / February 7, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, today published empirical demonstration of SOBRcheck™ performance across three installed customers. The following is a summary of case studies based on customer data and experiences:
TerraTech Services
Key Performance Indicator
- TerraTech has experienced an effective
100% pass rate with SOBRcheck™, versus their experienced60% -70% industry average weekly violator rate.
Customer Experience
"We have achieved full participation from our CEO down to our newest employee, and we have experienced tremendous success with SOBRcheck. We couldn't be happier with the technology and our partnership with SOBRsafe." - TerraTech Health, Safety and Environment Manager
Big Horn County, Montana
Key Performance Indicator
- Since the July 2023 implementation, monthly scans have grown from 21 to 225, and the pass rate has increased from
67% to92% .
Customer Experience
"In providing cost-effective monitoring services for more than 100 community members, SOBRcheck™ has been a big win for our county staff, taxpayers and participants." - Big Horn County Misdemeanor Probation and Pre-Trial Services Officer
Alternatives, Inc.
Key Performance Indicator
- Replacing observed breathalyzer process with SOBRcheck has yielded up to 4x faster throughput at check-in/check-out.
Customer Experience
"SOBRcheck's innovative technology creates significant efficiencies, freeing up invaluable time to empower client recovery. We couldn't be happier with the technology and our partnership with SOBRsafe." - Alternatives, Inc. CEO
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About SOBRsafe™
Alcohol misuse is the fourth leading cause of preventable death in America, and the seventh worldwide. Yet prevention and monitoring solutions have not kept pace with this epidemic. Legacy technologies are invasive and inefficient, unhygienic and unconnected. There has to be a better way.
Enter SOBRsafe™. Our advanced transdermal (touch-based) technology detects and instantaneously reports the presence of alcohol as emitted through a user's skin - no breath, blood or urine sample is required. With a powerful backend data platform, SOBRsafe provides next generation, passive detection technology for the behavioral health, judicial and consumer markets, and for licensing and integration.
The SOBRsafe technology is commercially available for point-of-care screening (SOBRcheck) and continuous monitoring (SOBRsure). At SOBRsafe, we are creating a culture of prevention and support. To learn more, visit www.sobrsafe.com.
Contact SOBRsafe:
investor.relations@sobrsafe.com
Safe Harbor Statement
Our prospects here at SOBRsafe are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", "projects", "should", or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company's filings with the SEC which can be found on the SEC's website at www.sec.gov.
SOURCE: SOBR Safe, Inc.
View the original press release on accesswire.com
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