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Spacetalk (ASX:SPA) - CEO, Mark Fortunatow - The Market Herald
CEO, Mark Fortunatow
Source: The Advertiser
  • Spacetalk (SPA), formerly MGM Wireless, has revealed that Harvey Norman will begin selling the Spacetalk Kids device across its stores
  • The device will initially be sold throughout 120 stores with online and in-store sales set to begin in time for Christmas trading
  • The Spacetalk smartwatch allows parents to communicate with their children through 3G text message and mobile calls without allowing access to the internet
  • This means that popular social media apps such as Facebook, Snapchat and Instagram cannot be accessed or used on the device
  • Parents are able to block calls and messages from unknown numbers and will be notified if any try to call
  • Shares in Spacetalk have been trading steady at 13 cents since November 18

Spacetalk (SPA), formerly MGM Wireless, has revealed that Harvey Norman will begin selling the Spacetalk Kids device across its stores.

Harvey Norman will initially begin selling Spacetalk's namesake device throughout 120 stores across Australia with online and in-store sales set to begin in time for Christmas trading.

"We are extremely excited by the ranging of our Spacetalk Kids device at Harvey Norman stores throughout Australia; opening significant new online and bricks-and-mortar sales channels with a leading consumer retailer," CEO Mark Fortunatow said.

"The timing of the ranging for Christmas trading could not be more opportune," he added.

The Spacetalk smartwatch allows parents to communicate with their children through 3G text message and mobile calls without allowing access to the internet.

This means that popular social media apps such as Facebook, Snapchat and Instagram cannot be accessed or used on the device.

Parents are able to block calls and messages from unknown numbers and will be notified if any try to call.

Further, it boasts the likes of GPS tracking that can send timed updates on the wearers' location.

Shares in Spacetalk have been trading steady at 13 cents since November 18. The company has a $21.47 million market cap.


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