Key patent opens up Chinese market for Xped
Published 02-DEC-2015 15:42 P.M.
|
2 minute read
Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.
In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.
The below articles were written under our previous business model. We have kept these articles online here for your reference.
Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.
Click Here to View Latest Articles
XPED Holdings (ASX:RYG) announced yesterday that it had been awarded a key patent in China for technology that can create and transfer electronic coupons (eCoupons) using its unique tap-to-connect Internet of Things (IoT) solution.
The patent covers creation of eCoupons and targeted messaging for event-based value-added advertising.
The granted patent will serve to position Xped as a leading technology enabler in the smartphone and mobile market.
Xped’s patent protected technology allows any consumer to connect, monitor and control devices and appliances found in the every day environment.
“The award of the patent in China is particularly significant for the mass adoption of Xped’s technology with China well placed to become the world’s largest market for targeted mobile advertising and eCoupons,” said Xped CEO John Stefanac.
According to Juniper Research the number of eCoupon redemptions is forecast to reach 31 billion in 2019.
Xped has entered the market at the right time.
The patent award allows Xped to extend the application of its one-tap process to advanced eCommerce.
Consumers can receive e-Coupons when they use their mobile phones for purchases at retail outlets. The downloaded information may in future relate to specials, points of interest and discounts that have relevance to the consumer.
The technology draws upon Near Field Communication which is currently driving the IoT.
NFC enabled devices could theoretically receive eCoupons, which encourages consumers to visit websites or physical stores to take advantage of special offers.
Xped’s tap-to-connect technology offers uses beyond controlling and monitoring a wide range of household appliances and industrial equipment, with the technology having numerous applications in sales and marketing,” Stefanac said.
“This places Xped in a strong position to become an integral part of everyday life.
Business Insider reports that new data from BI Intelligence finds that US mobile ad spend will top nearly $US42 billion in 2018, rising by a five-year compound annual growth rate (CAGR) of 43% from 2013.
China is the largest smartphone market by volume amongst the largest consumer markets in the world, making the Chinese market a driving force behind this IoT trend.
General Information Only
S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.
