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Danavation Technologies Corp C.DVN

Alternate Symbol(s):  DVNCF

Danavation Technologies Corp. is a Canadian Internet of Things (IoT) technology company and provider of micro e-paper displays to organizations across North America. The Company's principal activity relates to the sale of micro e-paper displays and software to retailers to automate labeling, price, product and promotions in real-time. Its Digital Smart Labels (DSLs), powered by IoT automation technology and software Platform-as-a-Service (PaaS), enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labor costs and low productivity associated with traditional labor-intensive workflows. It has introduced its solution to retailers across North America, including big box and boutique grocers, while also targeting new markets, including healthcare providers, manufacturing, and logistics companies. Its subsidiaries include Danavation Technologies Inc., and 0890810 BC Ltd.


CSE:DVN - Post by User

Post by tonyturboon Jul 16, 2021 7:11am
198 Views
Post# 33558088

Digital Smart Labels™ into IGA location

Digital Smart Labels™ into IGA location

Danavation Technologies announces entry into Quebec Grocery Market with installation of Digital Smart Labels™ into IGA location

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Danavation Technologies Corp. noreply@newswire.ca

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Danavation Technologies announces entry into Quebec Grocery Market with installation of Digital Smart Labels™ into IGA location

TORONTO, July 16, 2021 /CNW/ - Danavation Technologies Corp. (CSE: DVN) ("Danavation" or the "Company"), a Canadian-based Internet of Things (IoT) technology company and provider of micro e-paper displays, today announced that our Digital Smart Labels™ will be installed at an IGA grocery store located approximately 80 km northwest of Montreal, Quebec. Acquired by Sobeys through the purchase of the Oshawa Group Ltd. in 1998, the Independent Grocers Alliance ("IGA") primarily operates in Quebec with over 270 independent affiliated grocers across the province. Danavation anticipates starting the installation before the end of August, 2021.

Sobeys is one of two national grocery retail and distribution companies in Canada, with more than 1,500 corporate and franchise stores across the country including retail banners such as Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods and Lawtons Drugs. Sobeys is a wholly-owned subsidiary of publicly-traded Empire Company Limited (TSX: EMP.A). In addition to this IGA installation, Danavation is collaborating with Sobeys to help enhance the retail experience for customers while improve pricing and label efficiencies in select stores.

"In addition to the time and cost savings IGA can realize from the installation of our Digital Smart Labels, this location will also benefit from improved customer engagement, reduced risk of inaccurate pricing and the flexibility to change pricing often to showcase daily, weekly and monthly specials – all with a few simple clicks," said John Ricci, CEO of Danavation. "As we expand our portfolio of deployments, Danavation is continuing to alleviate pain points for retailers and other organizations with our unique Platform-as-a-Service solution."


 
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