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home / news releases / REM - RemSense has ‘tiger by the tail’ as virtualplant traction accelerates

REM - RemSense has ‘tiger by the tail’ as virtualplant traction accelerates

iShares Mortgage Real Estate ETF

(NewsDirect)

RemSense Technologies Ltd (ASX:REM) MD Steve Brown updatesProactive on latest developments with its unique virtualplant softwareand the current integration with IBM. He says the company is in thefinal stages of project negotiation with Tier 1 clients valued inexcess of $2 million for work this year and next. Brown adds thatRemSense is pursuing 77 qualified Australian-based opportunities -worth $16 million - which are in various stages of development and anumber of pilot programs are active or being proposed to localWA-based industrial companies.

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

jonathan@proactiveinvestors.com

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Stock Information
Company Name: iShares Mortgage Real Estate ETF
Stock Symbol: REM
Market: NYSE
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