Source: Danavation Technologies Corp.
  • Danavation Technologies (DVN) has secured new contracts for four additional installations of its innovative Digital Smart Labels
  • These new installations include the continued roll-out to the second and third installations for Palma Pasta in the Greater Toronto Area
  • The company is also deploying its Digital Smart Labels for two new customers in Ontario
  • Danavation Technologies is an Internet of Things (IoT) technology company
  • Danavation Technologies Corp. (DVN) opened trading at C$0.19 per share

Danavation Technologies (DVN) has secured new contracts for four additional installations of its innovative Digital Smart Labels.

Since the beginning of 2023, Danavation has announced installations of its Digital Smart Labels in ten new retail locations across Canada and the U.S.

These new installations include the continued roll-out of the second and third installations for Palma Pasta in the Greater Toronto Area (GTA). It follows on the heels of Danavation’s success with the first Palma Pasta installation in Mississauga.

Danavation expects to complete these new installations by late spring 2023.

The company is also deploying its Digital Smart Labels for two new customers in Ontario. One of them is CSR Building Supplies (CSR), the largest specialist drywall and finishing tool superstore in Canada. CSR has been contracted to install Danavation’s solution into its main location.

A second potential install is predicated on the success of the first. The second new customer is a specialty appliance retailer in Ontario.

Danavation will install Digital Smart Labels into one of its locations in the Greater Toronto Area.

Danavation Technologies is an Internet of Things (IoT) technology company which provides Digital Smart Labels and a software Platform-as-a-Service (PaaS) solution.

Danavation Technologies Corp. (DVN) opened trading at C$0.19 per share.


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