. . .
- We have fundraising commitments of $950K with multiple parties going through the due diligence process
- Smart Picture and Stanley Black & Decker completed and signed the licensing agreement, and the Stanley Smart Measure solution will launch Q1/CY15. This is a major win for SPT in the home improvement and DIY markets. Product launch and go-to-market will be coordinated with major retailers
- Smart Picture is in the process of finalizing a major agreement with the market leader in auto claims management with access to over 400 of the largest auto insurance carriers and over 22,000 body shops
- The above two agreements will provide Smart Picture with the desired target markets and the ability to achieve extremely fast revenue growth in 2015 and beyond
- Smart Picture technologies is currently in active trials with selected customers who are utilizing and testing the full power of the complete smart picture platform solution by using the smart phone capture app and the cloud-based collaboration solution
Pocket Lint Article: http://www.pocket-lint.com/news/128535-the-building-quote-app-that-uses-google-s-project-tango-to-measure-what-you-need-from-just-a-picture
VentureBeat Article: http://venturebeat.com/2014/06/25/this-app-can-measure-an-entire-room-and-its-contents-by-taking-a-picture-with-google-tango-hardware/