Total
0
Shares
Zimi (ASX:ZMM) - CEO, Brett Savill
CEO, Brett Savill
Source: Hot Copper
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Zimi (ZMM) receives a purchase order worth more than $300,000 for 5,000 devices from heating, ventilation and airconditioning specialist Polyaire
  • The order allows Polyaire to enhance its Airtouch smart air conditioning system, which will enable customers to control Zimi devices in their homes
  • Polyaire is the first distributor to integrate the Zimi-Airtouch ecosystem and Zimi says it expects to announce further integration collaborations
  • Zimi is up 6.25 per cent, trading at 1.7 cents at 3:00 pm AEST

Zimi (ZMM) has received a purchase order worth more than $300,000 for 5,000 new devices.

Zimi is an Australian company which connects electrical products to the internet and other devices to create smarter living and work spaces.

The purchase order comes from Polyaire, a wholesaler and manufacturer of equipment for heating, ventilation and air-conditioning (HVAC) systems and fittings in Australia, with products making their way into around 50,000 homes and businesses each year. The purchase order will allow Polyaire to enhance its Airtouch smart air conditioning system to enable customers to control Zimi devices in their homes.

“Polyaire has a terrific position in the Australian HVAC market and we’re proud to be working with them,” Zimi CEO Brett Savill said.

Although Polyaire initially purchased devices from Zimi’s distributor, GSM-Electrical, the company has now scaled up to become a distributor itself.

“Smart home automation is a logical addition to our air conditioning business,” Polyaire’s Managing Director Aemel Nordin said.

“We’ve been impressed by what Zimi has achieved and are convinced that all our customers value the ability to control their HVAC and home appliances through a single system.”

Polyaire is the first distributor to integrate the Zimi-Airtouch ecosystem and Zimi said it expected to announce further integration collaborations in the future.

Zimi was up 6.25 per cent, trading at 1.7 cents at 3:00 pm AEST.

ZMM by the numbers
More From The Market Herald
ClearVue Technologies (ASX:CPV) - Non Executive Director, John Downes

" ClearVue Technologies (ASX:CPV) appoints LendLease’s John Downes to board

Smart building materials company ClearVue Technologies (CPV) has appointed LendLease’s (LLC) John Downes as Non-Executive Director.
ELMO Software (ASX:ELO) - CEO, Danny Lessem

" ELMO Software (ASX:ELO) launches new COVID-19 tracking module

ELMO Software (ELO) has launched a new module, enabling businesses to track employee’s COVID-19 vaccination and test status.

" Vection Technologies (ASX:VR1) launches upgraded virtual reality design tool

Vection Technologies (VR1) shares are trading in the green after launching an upgrade to its virtual reality design application MinDesk.
Damstra (ASX:DTC) - Chairman, Johannes Risseeuw

" Damstra (ASX:DTC) completes $18m TIKS Solutions buy

Damstra (DTC) has completed the acquisition of software-as-a-service (SaaS) business TIKS Solutions.