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.
Subscribe to 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
-
Why CEOs deserve a pay riseOpinion The CEOs of big companies often come under fire for being grossly overpaid. But the truth, as per some economists, is the opposite. Do they merit a pay rise?
-
Europe prepares to stand alone as Trump turns on UkraineSupport for old military alliances is wavering in the US under Donald Trump. Europe’s leaders are rushing to fill the void. Simon Wilson reports
