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Zimi (ASX:ZMM) bags $300,000 order from new integration partner

Technology
ASX:ZMM      MCAP $7.362M
11 August 2021 08:17 (AEDT)
Zimi (ASX:ZMM) - CEO, Brett Savill

Source: Hot Copper

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.

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