StockGuru Blog: More on Tomorrow’s Profile QuadTech International, Inc. – Safety Issues in Mines – National and International (OTCBB: QTTI)
QuadTech International, Inc. is a global provider of leading-edge technology solutions. QuadTech International develops partnerships and/or acquires control in high-growth, small to medium sized companies and solutions that support its technology-driven business focus. QuadTech’s goal is to offer its shareholders an exceptional value through investments in a diversified portfolio of products serving multiple markets and industries.
Their newest solution addresses safety issues in mines. iPMine is a real-time two-way wireless communications solution designed to significantly improve the safety of miners and equipment in virtually any size mine.
iPMine tracks, monitors, and communicates with miners and equipment underground and above ground. Location information of both miners and equipment is collected and displayed live on one or more monitoring stations against a background of a mine’s terrain map. iPMine’s redundant communications feature makes the system highly reliable to efficiently operate in the harsh mining environment.
The iPMine-M8 810C was developed following QuadTech’s recent, successful demonstration to China’s seventh largest coal mining operation in tandem with QuadTech’s Chinese distribution partners. Though QuadTech’s iPMine system received extremely positive feedback overall, the observers requested a compact version of the tracking device. They suggested that team leaders, supervisors, and mine managers should be outfitted with the current iPMine-M8 810A advanced model; however, all other miners should be outfitted with a compact device for tracking and safety as well as for productivity monitoring.
For more information, please visit www.quadtechint.com.
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