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Vection Technologies (ASX:VR1) launches Trainer Creator

Technology
ASX:VR1      MCAP $28.16M
23 June 2020 16:27 (AEST)
Vection Technologies (ASX:VR1) - Managing Director, Gianmarco Biagi

Source: Vection Technologies

Software company Vection Technologies (VR1) has launched Trainer Creator with V-Shapes as its first client.

V-Shapes specialises in the production of industrial machines that manufacture single-portion packets that need minimal fingers to open such as the typical sauce packets, and salt, pepper and sugar sachets.

It operates in the food, cosmetics, chemical, and medical sectors.

V-Shapes is the first strategic partner client of Trainer Creator, having subscribed for an initial $50,000 establishment fee and a $4900 annual subscription.

“The Trainer Creator real-time software will enable us to achieve our productivity and customer satisfaction objectives around the world,” V-Shapes CEO Christian Burattini said.

“We are convinced that Vection Technologies represents the ideal partner to embark on the Industry 4.0 digitalisation journey, providing us with the key adjacent real-time software assisting us in the pre and post sales delivery of our innovative patented one-hand packaging systems globally,” he added.

What is Trainer Creator?

Trainer Creator is a maintenance, repair, assembly, and training real-time software that can either be undertaken via an augment reality (AR) wearable or smart device.

It also enables the independent creation of task-specific animations through 3D Computer Aided Design (CAD) Files.

“We are pleased to have launched this new software solution with V-Shapes as a first client, bringing our disruptive real-time technology to a leading innovative industrial company,” Vection Managing Director Gianmarco Biagi commented.

“As we progress our overarching growth strategy, we remain committed to the long term success of the company during and following this uncertain time,” he added.

Vection is down a slight 2.70 per cent and shares are trading for 3.6 cents each just before market close.

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