SIMPPLE Ltd. Announces Distribution Partnership with Mode Technology in New Zealand and wins CleanNZ Expo 2024 Service and Technology Award with SIMPPLE Robotics
SIMPPLE (Nasdaq: SPPL) has announced a strategic partnership with Mode Technology to distribute SIMPPLE Robotics and Software platform in New Zealand. The partnership is projected to generate $1.1 million in revenue by end-2024, with $125,000 already secured from the sale of 10 cleaning robots. Additionally, SIMPPLE Robotics won the Service and Technology Award at CleanNZ Expo 2024.
Mode Technology, specializing in robotics automation and commercial cleaning equipment, serves various sectors including education, healthcare, and aviation in New Zealand. This partnership follows SIMPPLE's recent successes, including four contracts worth $2.35 million and the sale of 3-in-1 multifunctional robots totaling $1.0 million.
SIMPPLE (Nasdaq: SPPL) ha annunciato una partnership strategica con Mode Technology per distribuire la piattaforma di Robotica e Software SIMPPLE in Nuova Zelanda. Si prevede che la partnership genererà $1.1 milioni di ricavi entro la fine del 2024, con $125,000 già assicurati dalla vendita di 10 robot per la pulizia. Inoltre, SIMPPLE Robotics ha vinto il Premio per il Servizio e la Tecnologia all'Expo CleanNZ 2024.
Mode Technology, specializzata in automazione robotica e attrezzature per la pulizia commerciale, serve vari settori tra cui istruzione, sanità e aviazione in Nuova Zelanda. Questa partnership segue i recenti successi di SIMPPLE, che includono quattro contratti del valore di $2.35 milioni e la vendita di robot multifunzionali 3-in-1 per un totale di $1.0 milione.
SIMPPLE (Nasdaq: SPPL) ha anunciado una asociación estratégica con Mode Technology para distribuir la plataforma de Robótica y Software de SIMPPLE en Nueva Zelanda. Se proyecta que la asociación generará $1.1 millones en ingresos para finales de 2024, con $125,000 ya asegurados por la venta de 10 robots de limpieza. Además, SIMPPLE Robotics ganó el Premio de Servicio y Tecnología en la Expo CleanNZ 2024.
Mode Technology, especializada en automatización robótica y equipos de limpieza comercial, atiende a varios sectores, incluyendo educación, salud y aviación en Nueva Zelanda. Esta asociación sigue los recientes éxitos de SIMPPLE, que incluyen cuatro contratos por un valor de $2.35 millones y la venta de robots multifuncionales 3-en-1 por un total de $1.0 millón.
SIMPPLE (Nasdaq: SPPL)는 Mode Technology와 전략적 파트너십을 체결하고 뉴질랜드에서 SIMPPLE 로봇 및 소프트웨어 플랫폼을 배급할 예정입니다. 이 파트너십은 2024년 말까지 110만 달러의 수익을 창출할 것으로 예상되며, 10대의 청소 로봇 판매로 이미 12만 5천 달러가 확보되었습니다. 또한, SIMPPLE Robotics는 2024년 CleanNZ Expo에서 서비스 및 기술상을 수상했습니다.
Mode Technology는 로봇 자동화 및 상업 청소 장비를 전문으로 하며, 뉴질랜드의 교육, 의료 및 항공 등 다양한 분야에 서비스를 제공합니다. 이번 파트너십은 SIMPPLE의 최근 성공 사례에 이어지는 것으로, 235만 달러 규모의 계약 4건과 100만 달러 규모의 3-in-1 다기능 로봇 판매를 포함하고 있습니다.
SIMPPLE (Nasdaq: SPPL) a annoncé un partenariat stratégique avec Mode Technology pour distribuer la plateforme de Robotique et de Software de SIMPPLE en Nouvelle-Zélande. Le partenariat devrait générer 1,1 million de dollars de revenus d'ici fin 2024, avec 125 000 dollars déjà sécurisés grâce à la vente de 10 robots de nettoyage. De plus, SIMPPLE Robotics a remporté le Prix du Service et de la Technologie lors de l'Expo CleanNZ 2024.
Mode Technology, spécialisée dans l'automatisation robotique et les équipements de nettoyage commercial, sert divers secteurs tels que l'éducation, la santé et l'aviation en Nouvelle-Zélande. Ce partenariat fait suite aux récents succès de SIMPPLE, qui incluent quatre contrats d'une valeur de 2,35 millions de dollars et la vente de robots multifonctionnels 3-en-1 pour un total de 1,0 million de dollars.
SIMPPLE (Nasdaq: SPPL) hat eine strategische Partnerschaft mit Mode Technology angekündigt, um die SIMPPLE Roboter- und Softwareplattform in Neuseeland zu vertreiben. Es wird prognostiziert, dass die Partnerschaft bis Ende 2024 1,1 Millionen US-Dollar Umsatz generieren wird, wobei bereits 125.000 US-Dollar aus dem Verkauf von 10 Reinigungsrobotern gesichert sind. Darüber hinaus erhielt SIMPPLE Robotics den Service- und Technologiepreis auf der CleanNZ Expo 2024.
Mode Technology, spezialisiert auf Roboterautomatisierung und gewerbliche Reinigungsgeräte, bedient verschiedene Sektoren, darunter Bildung, Gesundheitswesen und Luftfahrt in Neuseeland. Diese Partnerschaft folgt den jüngsten Erfolgen von SIMPPLE, die vier Verträge im Wert von 2,35 Millionen US-Dollar und den Verkauf von 3-in-1 Multifunktionsrobotern im Gesamtwert von 1,0 Millionen US-Dollar umfassen.
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Christchurch, NEW ZEALAND, Nov. 08, 2024 (GLOBE NEWSWIRE) -- SIMPPLE Ltd (Nasdaq: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management sector, today announced that its subsidiary, SIMPPLE Australia Pty Ltd, had signed a partnership agreement with New Zealand-based Mode Technology to distribute SIMPPLE Robotics and flagship SIMPPLE Software platform in New Zealand.
The partnership is expected to yield another
Mode Technology, a leading provider of robotics automation and commercial cleaning equipment, supplies multiple industry sectors including education, healthcare, aviation, commercial and facilities management in New Zealand.
"We are thrilled to sign this agreement,” said SIMPPLE chief executive Norman Schroeder. “We believe Mode Technology will enable us to make deep inroads into the New Zealand cleaning robotics market, providing us with a significant incremental revenue. We further believe this revenue is likely to accelerate going forward.”
Mode Technology director Dallas Vincent stated, "This partnership with SIMPPLE will enable us to supply our customers the world’s most advanced and efficient commercial cleaning robotics solutions. Based on our comprehensive interactions with customers, we are confident the SIMPPLE Ecosystem solution will meet their needs.”
Further to the joint participation announcement at CleanNZ Expo 2024, SIMPPLE and Mode Technology are thrilled to announce that SIMPPLE Robotics won the Service and Technology Award at CleanNZ Expo 2024 in Christchurch, New Zealand. This award recognises innovative solutions in the cleaning and facility management sector annually, encouraging service buyers to consider advanced top-of-the-line technologies to increase workforce productivity.
Mr. Schroeder added, “This agreement, sale, and award are big milestones for us in this region. With such positive momentum, we believe SIMPPLE will continue to grow and improve our financial performance significantly going forward. We are confident working with Mode Technology, and with our other strategic partners, to accelerate progress across the Australia and New Zealand region.”
Today’s announcement follows the Company’s release on October 9, detailing the signing of four contracts aggregating
About SIMPPLE LTD.
Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things ("IoT") devices.
For more information on SIMPPLE, please visit: https://www.simpple.ai
About Mode Technology
Mode Technology New Zealand is a forward-thinking company with a strong focus on customer driven innovation and quality, creating solutions tailored to the unique needs of New Zealand’s market and beyond. Known for their agile, customer-centric approach, Mode Technology excels in robotic automation and commercial cleaning, all designed to enhance productivity and cost-efficiency. Mode Technology stands out for its commitment to evolving alongside clients’ businesses, across multiple industry sectors including education, healthcare, aviation, commercial and facilities management which has made them a trusted partner for numerous clients in both the public and private sectors.
For more information on Mode Technology, please visit: https://www.modetechnology.co.nz
Safe Harbour Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
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SIMPPLE LTD.
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Email: ir@simpple.ai
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