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DGAP-News: Press Release: ShockWatch
ID: 648057
(firmenpresse) - ShockWatch
29.05.2012 17:08
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Photo Release -- ShockWatch(R) Announces Industry's First Single-Use
Time-Temperature Indicators That Require no Special Packaging, Reducing Cost of
Ownership
No special packaging, refrigerant or overnight shipping required, significantly
reduces indicator cost of ownership
-- New ColdMark(r)2 offers simple indication of a low temperature breach
-- New WarmMark(r)2 shows cumulative amount of time exposure to a temperature
threshold
DALLAS, May 29, 2012 (GLOBE NEWSWIRE) -- ShockWatch, a global leader in the
innovation and optimization of logistics and cold chain risk management
systems, today announced two new single-use, cold chain temperature indicators,
the ColdMark2 and WarmMark2. These new indicators dramatically decrease the
overall cost of this type of device through the ability to ship the
time-temperature indicators to customers without special packaging or handling:
A first in the industry.
Photos accompanying this release are available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=13045
http://www.globenewswire.com/newsroom/prs/?pkgid=13046.
These new products were entirely designed from the ground up to be low-cost,
and help optimize the cold chain by immediately alerting manufacturers,
handlers and receivers when a product has been exposed to temperature
conditions beyond a specified threshold. Both product lines are field armable,
individually marked to assist tracking, are water resistant, and come with
certificates of conformance.
Markets best suited for these devices are the pharmaceutical and biologics
market and the food industry, where temperature compliance is a quality and
safety concern worldwide.
-- The WarmMark2 detects exposure to unacceptably high temperatures and shows
the cumulative amount of time exposure to a temperature threshold. The
WarmMark2 is an entirely new generation of indicator that offers industry
leading improvements in performance, accuracy and construction, which in
the end, offer customers enhanced product quality.
-- The entirely new ColdMark2 provides a simple indication of a low
temperature breach and requires no special packaging or overnight shipping
of the indicator itself, saving up to xx dollars from traditional
temperature indicators.
Both are available in multiple temperature sensitivities with specific
sensitivities for pharmaceutical and biologics applications. Other applications
include chemicals,, plants and produce, live animals or film.
'Typical descending temperature indicators have to be shipped and handled
carefully due to the fact that most are shipped from the manufacturer live',
meaning they have to be shipped in cold chain packaging, said Kevin Kohleriter,
VP of Marketing and Product Management. 'Since these new devices are field
armable, they can be shipped in smaller quantities and with no special
packaging, heat packs, refrigerants, etc. This decreases packaging weight, and
the need for express shipping methods. We are estimating that the packaging
cost savings would be around 50% less than existing solutions on the market
today.'
Both products have a unique activation 'button' that, once pushed activates,
pushing a fluid into a cavity that only begins showing exposure to temperatures
that are beyond its specified temperature threshold. The WarmMark2 dye stops
progressing after it is brought back into spec, showing how long the product
was exposed to an out of tolerance temperature. With its easy-to-read window
and definitive color change, immediate decisions can be made about the
integrity of the cold chain.
Strategic Partnership with Timestrip UK LTD results in immediate benefit to the
market
Also announced today is a strategic partnership between Timestrip, UK LTD and
ShockWatch, Inc. Timestrip is a leading developer of technologically advanced,
low-cost 'smart' indicators that monitor elapsed time and/or temperature
changes. The partnership has resulted in not only worldwide support for these
next generation indicators, but expands the ShockWatch portfolio to include
additional temperature ranges and armable devices that enhance an already
robust temperature and impact recorder line.
'One of our key objectives has been to include a strong partner in the
Timestrip(r) temperature indicator venture with the scale, experience and
resources to deploy. We are pleased to have partnered with ShockWatch to
support in this effort,' said Rueben Isbitsky, founder of Timestrip, UK LTD.
'Timestrip and ShockWatch are dedicated to the continued progress and success
of the temperature indicator market and to fulfilling commitments to our
customers.'
Part of a complete line of temperature product
The ColdMark2 and WarmMark2 are part of a complete line of temperature
monitoring devices available from ShockWatch. These products include the
TempMark(r) 8 electronic temperature indicator for pharmaceuticals and the newly
announced TrekView(r) line of wireless temperature recorders. Other devices
include impact, tilt, pressure and other environmental monitoring devices.
Product availability
Both indicators are available now. For more information on pricing, temperature
sensitivities and more detailed specifications, contact your local ShockWatch
representative or check us on the web at www.shockwatch.com.
About ShockWatch
For more information on the company's robust solution set, visit us at
www.shockwatch.com. For more information on Timestrip, visit us at
www.timestrip.com.
Kevin Kohleriter
Vice President, Marketing&Product Management
ShockWatch, Inc
972-922-9483
kkohleriter(at)shockwatch.com
News Source: NASDAQ OMX
29.05.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: ShockWatch
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9902061954
WKN:
End of Announcement DGAP News-Service
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Datum: 29.05.2012 - 17:08 Uhr
Sprache: Deutsch
News-ID 648057
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