Executive Summary
Timestrip plc has developed an inexpensive and versatile technology for accurately measuring elapsed time. Timestrip's smart labels contain a liquid which migrates across the label, enabling users of perishable food and other products to monitor for how long an item has been open or in use. The technology can be implemented as an external label or can be fully integrated into products and product packaging. The Timestrip technology is relevant to a wide range of food and non-food products which, once opened, should be used or replaced within a recommended time. Expiry dates feature prominently in the following mass markets, which Timestrip actively targets: Food Retailing; Catering and Food Services; Consumables; Pharmaceuticals; Medical Devices; Cosmetics. Timestrip's main route to market is through supply and license agreements with manufacturers and packaging companies who will integrate Timestrip labels into their products or packaging.
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