DVN:CC - Danavation Technologies: Shaking up Retail with Digital Smart Labels(TM)

2024-03-27 17:08:02 ET

The Digital Smart Label ™ System

Danavation Technologies Corp.™ is a Canadian-based, IoT technology company providing commercially available, state-of-the-art Digital Smart Labels™. Its Digital Smart Labels™enable clients to automate labelling, pricing, product information, as well as promotions in real-time.

More on Digital Smart Labels™

Digital Smart Labels™ are micro e-paper displays that come in various sizes. They are well-engineered, highly scalable, and utilize a strong sub-1 GHz frequency capable of penetrating through any wall or obstacle. “Through our central hub, you can change 2000 SKUs in 100 different stores with the touch of a button,” says President and CEO, John Ricci.

Moreover, Danavation’s Digital Smart Labels™ offer a class-leading high resolution, high contrast, wide-viewability, and vibrant colour display that can be customized with any font, image, QR code, or language to enhance the retail shopping experience.

The company is focused on generating revenue and driving growth supported by Danavation’s established client base. The client base includes retailers, grocery stores, convenience and big box stores across the US and Canada, as well as healthcare providers and manufacturing and logistics companies.

Additionally, Danavation’s future growth profile is expected to be supported by continued development of new proprietary products and services within the retail and grocery segment. They also maintain a clear ESG commitment by advocating for environmental sustainability through significantly reduced paper use.

“We are providing an opportunity to move retail into the new world,” says Ricci.

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