Inventis Limited (AU:IVT) has released an update.
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Inventis Limited has announced significant developments including the commencement of trading for Hazavoid™ USA, the finalization of new distribution agreements expected to boost U.S. revenue, and the impending launch of new ‘Plug and Play’ circuit boards for the elevator industry. Additionally, their Opentec Solutions division secured a substantial A$6.86 million order and is actively developing a unique solution with potential government collaboration. Despite challenges in the Furniture Division due to economic downturns, the company is optimistic about robust sales and double-digit growth in their Technology Division for FY24.
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