Under the SPA, Xped Healthcare Pty Ltd (subsidiary of Xped) has acquired all shares of JCT and the business will continue to operate with Eddie Jackson appointed as CEO of JCT.
Athan Lekkas Chairman and CEO of Xped commented; "The Company is very excited to have finalised the JCT acquisition and now looks forward to working with Eddie and his team to grow the business in Australia and overseas and incorporate ADRC technology into products supplied into the Healthcare markets."
ABOUT JCT
JCT Healthcare Pty Ltd (JCT) are a quality provider of communication solutions to the Healthcare sector with products that are tailored for Hospitals, Aged Care, Independent Living and Disability Care.
Based on the intimate knowledge of our customers' needs and our own studies of changing market trends, we continually strive to create relevant technological break-throughs to ensure we can provide our customers with the necessary technology to drive their business. This is evident by the release of our patented PoE4000 nurse call series that delivers true Internet Protocol (IP) and Power Over Ethernet (POE) to each nurse call point.
Our products are Ctick, CE & FDA approved so we are always looking for resellers worldwide.
About XPED Ltd:
XPED Ltd (ASX:XPE) has developed revolutionary and patent protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. It’s as simple as two people shaking hands. By enabling the Internet of Things, Xped’s ADRC platform will bring benefit to Manufacturers, Retailers, Service Providers and Consumers.
At Xped, we’re Making Technology Human Again.
Source:
XPED Ltd
Contact:
For Xped Inquiries: Company Secretary T: +61-3-9642-0655 E: info@xped.com www.xped.com