Danavation Technologies Corp C.DVN

Pharmasave

[tonyturbo]

Danavation Technologies Confirms Installation of Digital Smart Labels™ into Pharmasave Location in Ontario

• First of two Digital Smart Labels™ installation confirmed into Pharmasave locations, further expanding our presence in Ontario
• Completion of installation expected early April 2022
• Pharmasave is a Canadian independent pharmacy and drugstore retailer with over 800 stores across the nation

TORONTO, Feb. 17, 2022 /CNW/ - Danavation Technologies Corp. (CSE: DVN) (OTCQB: DVNCF) ("Danavation" or the "Company"), a Canadian-based Internet of Things (IoT) technology company and provider of micro e-paper displays, today announced the first installation of our Digital Smart Labels™ into an Ontario location under the Pharmasave banner. Following Danavation's development of a custom link to Pharmasave's Point-of-Sale ("POS") system, we anticipate the installation will commence in late March and be completed in early April, 2022.

With over 800 stores across the country, Pharmasave is one of Canada's leading independent drugstore and pharmacy retailers. Since its inception in 1981, Pharmasave has focused on building a national platform of community-based retail outlets designed to provide customers with exceptional service, products and advice. Each Pharmasave store operates independently to serve its individual community, thereby ensuring all programs and services are tailored to meet the needs of customers while upholding Pharmasave's commitment to help all clients.

"We are proud to continue growing our presence in our home province of Ontario, and honoured to be working with a strong Canadian banner such as Pharmasave. We look forward to developing further relationships with other Pharmasave owners who recognize the benefits of Digital Smart Labels™ for customers, employees, and their store's bottom line," said John Ricci, CEO of Danavation. "By engaging Danavation to develop a custom integration with their POS system in tandem with the installation of our Digital Smart Labels™, Pharmasave can eliminate most of the operational costs associated with manual price changes, which allows for more positive and effective interaction with clients."

[warlord2]

Great news...422 location in Ontario! Not a bad start. ;-)

[IceColdBeer]

They only have 2 which is probably another 120k per year in revenue.  It's great but that won't excite market.  Unless they can announce a deal that says they have a commitment for example, to install their product in 100, 200 or higher, this will be a stricly a deal that is based off of the financials. Sadly the market won't react to "what if they get all the OLBC