Shares in AIM-listed technology group Elektron Technology rose slightly after the company announced it had launched a wireless food safety monitoring device.
The company reported that the device, called 'Checkit', would enable restaurants and food outlets to monitor food temperature, storage status and humidity while avoiding the need for relying on manual checks.
John Wilson, Chief Executive Officer of Elektron Technology, commented: "With the recent heightened concern around food safety and hygiene, restaurants and food businesses simply cannot afford to take risks with food safety monitoring.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Our Checkit solution helps businesses analyse and manage these risks, providing them with real-time data collection, analysis, reporting and alerts."
Elektron Technology's share price was up 1.85% to 13.75p at 13:37 on Tuesday.
MF
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Are you being haunted by the ghost of Christmas past? How festive cutbacks could boost your long-term wealthThe average family spends around £1,000 over the Christmas season. Here’s how much you could have gained if you had invested some of the money instead.
-
5 investment trusts for your pensionInvestment trusts are often a good choice for long term growth and income options, but which ones should you consider for your pension?
