Ann: Trading Halt, page-17

A video one of our posters found (recorded last year) demonstrating one branch of the SBW technology. It's exciting stuff.

We recently heard in the Half-Year Report released 31 August that SBW's “Flagship micro-market project Capsule is in an advanced stage of pilot in Europe, and expected to be open to the public for trial in the second half of 2020.”

SBW's other technology includes a mixture of hardware, software and trade secrets - most of which is patented when it comes to product detection.

To quote the company:

"Shekel’s patented electronic load cell solution provides superior weighing performance and the fastest stabilization time with a very low profile."

What you essentially have is a secret sauce combination of weighing + artificial intelligence + advanced mathematics which cannot be easily duplicated, if at all (the company was first founded in 1971 and was one of the first to shift from mechanical to digital weighing and ultra-thin IoT load sensors)

The software SBW provide to its customers (Toshiba, Fujitsu, Diebold Nixdorf, Datalogic - with Datalogic being used by Coles and Woolworths here in Australia to my knowledge) has a 66 millisecond response time. This core technology is best in class globally for both accuracy and speed (2.5% error rate and 10 times faster than the competition)

I found 11 separate patents here, which are probably not an exhaustive list, but ranging from weighing vehicles in motion, to load cell devices (this is the ultra cool technology), point of sale apparatus and infant weight systems (for their medical customers)

https://patents.justia.com/search?q=Shekel scales

So if Amazon, Walmart, Aldi, NCR or anyone else what to get their hands on the tech - they have to pay up!