Oakridge International Limited (ASX:OAK)
Oakridge International Ltd, formerly Xped Limited, is engaged in developing and operating an Internet of Things (IoT) technology business. The Company’s technology enables devices to wirelessly communicate with each other. Its Auto Discover Remote Control (ADRC) technology platform facilitates connection of smart phones to electronic devices, enabling users to control all of their electronic devices remotely from an application. It has developed a mini peripheral component interconnect (PCI)-express card that provides the near field communication (NFC) and 802.15.4 communications hardware required by ADRC. It addresses both the consumer and industrial global IoT markets. It offers ADRC technology for Intel IoT Gateway, ADRC Shields for Arduino, Umbo, Equinox and UltraPlug. It holds interests in the Penola Trough and Limestone Coast tenements located in the southeast of South Australia and an interest in the Sokoria Geothermal project located in Flores Island, Indonesia.