RE: SP Rise14 Oct 2019 22:09
Sabien intends to use the net proceeds of the Subscription, together with existing funds, to invest for growth in the following areas (no.3 particularly eye-catching). GL all
1. Utilise its existing research and development pipeline to make existing hardware (M2G, M1G) Internet-of-Things ("IoT") capable and enable substantial data capturing, storage, and analysis for the Sabien technologies;
2. Migrate new product design into the IoT and Cloud-enabled subscription services with the potential to assess third party licensing; and
3. Enter the key US market through Original Equipment Manufacturer (OEM) relationships.