>$2M potential revenue with Wallaroo Shores Luxury Resort

We are pleased to announce that Quantify Technology will supply its revolutionary qDevice to the multi-million-dollar Wallaroo Shores Luxury Development in South Australia.

The Company will supply 2,000-2,500 devices for the 100 townhouses under construction for the Mantra Wallaroo Shores Resort, a $40 million, four-star development that will be managed by Mantra Group, a leading Australian accommodation hotel and resort marketer and operator.

This is the first stage of an estimated $220 million development by Copper Coast Investments at its Wallaroo Shores site and Quantify Technology’s platform will be exclusively promoted and installed throughout the entire development: approximately 656 residential dwellings—including 134 retirement apartments—and a mixed use precinct.

Early estimates suggest an additional 13,500 devices will be required generating revenue in excess of $2 million over the life of the development. The Copper Coast District Council has partnered with Copper Coast Investments and Monopoly Property Group as Project Manager to construct a link road, estimated to cost $7 million.

The next stages of development at the site are anticipated to commence over the coming 12 months – 36 months. Installation of the technology at the Mantra Wallaroo Shores Resort is planned to commence in early 2018.

The move will showcase Quantify Technology in the growing Hospitality Industry and provide demonstrated outcomes for the qDevice in such operations.

“The Mantra Wallaroo Shores development offers a glimpse of what’s to come for Quantify Technology. An opportunity like this showcases the flexibility and capability of our platform when it’s deployed on a large scale, as well as the significant revenue potential from a single project,” said Quantify Technology Managing Director Mark Lapins.