21st Apr 2008 07:01
Timestrip PLC21 April 2008 TIME.L Timestrip Plc ("Timestrip" or the "Company") Nando's to trial Timestrip The Company is delighted to announce that Nando's Restaurants ("Nando's"), theleading international Quick Service Restaurant chain based in Johannesburg, hasconfirmed that it will commence live trials of the Timestrip smart labelingsystem in selected outlets in South Africa. Nando's operates 700 outlets in five continents, and has recently completedrigorous product testing which confirmed the performance of the Timestriptechnology. Trials will commence in approximately 30 stores in the Western Caperegion. The main purpose of the trial is to quantify savings achieved throughreducing wastage and to assess the safety benefits associated with the use ofTimestrips as part of Nando's HACCP (Hazard Analysis Critical Control Point)process. In addition to these in-store trials, two key suppliers to Nando's will trialTimestrip smart labels in order to assess how the technology helps to guaranteethe condition of products that are shipped through the cold chain. Jeffrey Bloch, Group Technical Director, Nando's, commented: "We are committedto the quality of the thousands of meals that are served worldwide by Nando'severy day and I am excited to be moving from the product testing phase toin-store trials. The technology offers us the potentially unique proposition ofenhancing our already robust HACCP system whilst simultaneously helping us toachieve cost savings in our operations." Paul Freedman, Joint CEO, Timestrip Plc, commented: "This is a great opportunityfor Timestrip to establish itself with a leading international operator in theQuick Service Restaurant sector and we look forward to building on an excellentrelationship between our companies." For more information, please contact: Paul Freedman, Joint CEO, Timestrip plc 01462 440 700Shane Dolan, Biddicks 020 7448 1000Bobbie Hilliam, Evolution Securities 020 7071 4300 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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