IKE
04/12/2015 08:30
GENERAL
NOT PRICE SENSITIVE
REL: 0830 HRS ikeGPS Group Limited (NS)
GENERAL: IKE: Stanley Smart Measure Pro Available in Lowe's Stores
For Immediate Release Dec. 4, 2015
Stanley Smart Measure Pro Available in Lowe's Stores
- European market release now in process -
Wellington, New Zealand--ikeGPS (NZX: IKE) and Stanley Black & Decker Inc.
recently announced the launch of the STANLEY(R) Smart Measure Pro, a
Stanley-branded smartphone measurement solution designed and delivered by
ikeGPS. ikeGPS is pleased to advise that the solution is now available
in-store at Lowe's, the home improvement retailer with approximately 1,850
stores across North America.
"We are delighted to roll out this product at scale in partnership with
Stanley Black & Decker, a Fortune 500 company and one of the largest brands
and distributers in the global construction and DIY markets," says ikeGPS CEO
Glenn Milnes. "We are equally pleased that the initial retail channel for the
launch is Lowe's, the leading chain of stores operated by Lowe's Companies
Inc., a Fortune 50 company operating home improvement stores across the U.S.
and Canada.
Initial reaction to the product has been very positive and we now have orders
for the European market, where the product will be sold through other high
profile big-box retailers in the current financial year."
The STANLEY(R) Smart Measure Pro solution is based entirely on ikeGPS
intellectual property--where ikeGPS manufactures and delivers the hardware
units, ikeGPS develops the Apple iOS and Google Android smartphone apps, and
ikeGPS hosts the cloud-based software and subscription product. All of these
components are branded as "Stanley Smart Measure Pro." The retail price
point for the hardware unit and smartphone app is approximately NZ$230, and
subscribers to the cloud software service will pay approximately NZ$18 per
month or NZ$185 per annum.
The Smart Measure Pro is another significant step in ikeGPS' strategy to
deliver high-volume mobile hardware and mobile apps, and, on the back of
this, to provide high-value subscription software products to end users via
its cloud-based measurement platform.
Details on the Stanley product offering can be found at
http://www.stanleytools.com/en-us/explore/stanley-mobile-apps/stanley-smart-m
easure-pro.
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About ikeGPS(R)
ikeGPS is changing the way the world is measured, utilizing its smart laser
measurement solutions to capture, record and export measurement data.
Electric utility, telecom, government, engineering, construction, real
estate, signage, and other field data collection-based professionals use
ikeGPS products to modernize the way measurements are taken and shared.
Spike, a laser accurate Smartphone measurement solution, and GE MapSight(TM),
an all-in-one customizable field data collection solution, uniquely combine
intelligent software and hardware into comprehensive but simple-to-use tools.
With an ike photograph, you can capture measurement, distance, location and
other data in real time, significantly improving business process, user
productivity and safety.
ikeGPS is headquartered in Wellington, New Zealand and is listed on the New
Zealand Stock Exchange under the stock symbol IKE. The company's sales and
marketing organization is based in Broomfield, Colorado, which supports
global efforts in the Americas, EMEA, and APAC. For more information, visit
http://www.ikegps.com.
About STANLEY(R)
STANLEY(R), a brand of Stanley Black & Decker, Inc., is a diversified
worldwide supplier of tools and engineered solutions for professional,
industrial, woodworking, construction and do-it-yourself use. For over 170
years, the trusted Stanley(R) brand has been synonymous with quality, value
and reliability. Its well-known hand tool and storage brands include
Stanley(R), and FatMax(R). Headquartered in New Britain, Conn., Stanley Black
& Decker, Inc. operates multiple manufacturing facilities and sales offices
throughout the globe. For more information, visit www.STANLEYtools.com or
follow Stanley on Facebook and Twitter
Contact
Glenn Milnes, Chief Executive Officer
ikeGPS, Inc.
+1-720-418-1936
[email protected]
End CA:00274607 For:IKE Type:GENERAL Time:2015-12-04 08:30:04
