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Consumer retailers in the U.S. are striving to control costs in an environment of decreasing sales/margins and increasing costs/complications of labor. They are being forced by cash-strapped consumers to deliver more with less. This presents an historic opportunity for companies who provide solutions. Retail automation is a high growth market because it addresses the squeeze that customers and consumer retailers are experiencing. The retail automation market segment includes two market sectors; namely consumer-focused retail point of sale automation and consumer-retailer focused supply chain automation. Retail automation is key to the growth of the retail market because of its high quality service offerings. Focused on security, quality of service, and consumer- and retailer-focused value, Automated-X is carving a niche in this rapidly-growing market by providing comprehensive solutions in automated retail. Through QUICKflickUSA, Inc., our wholly-owned subsidiary, the Company has gained a strong entry into the highly attractive business of automated retail. The store-within-a-store concept helps retailers attract more consumers, control inventory, reduce costs, and market products in areas that would be otherwise unavailable. Automated-X plans to move aggressively into other high-growth convenience/price-driven retail automation opportunities.
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Newell Rubbermaid is a global marketer of consumer and professional products that touch the lives of people where they live, learn and work. We are committed to building brands that matter in the lives of the users of our products. We are also committed to leveraging the scale of our company to bring the power of a multi-billion dollar business to bear on each of the business segments through shared expertise, operating efficiencies, and a culture of innovation. Our global sales are approximately $6 billion and we have a strong portfolio of globally recognized brands including Sharpie, Paper Mate, DYMO, EXPO, Waterman, Parker, IRWIN, LENOX, Rubbermaid, Graco, Calphalon, Goody, Levolor, Kirsch and Teutonia. We are headquartered in Atlanta, Georgia.
Waites Sensor Technologies, Inc. is based in Cincinnati, Ohio, and specializes in AI-driven predictive maintenance and remote condition monitoring solutions for industrial equipment. The company utilizes wireless sensors to monitor vibrations, helping to prevent downtime and enhance equipment reliability. With over 500,000 sensors deployed across five continents, Waites has collected 8 trillion readings, providing actionable insights that extend asset life and minimize unplanned downtime. Founded as a leader in predictive maintenance, Waites offers a wireless condition monitoring system that enables 24/7 monitoring of facility equipment. Key features include vibration analysis software for early defect detection, automated alerts, and deep analytics. The company emphasizes ease of deployment, with systems that can be set up in under five minutes. Waites has expanded its global reach by establishing subsidiaries in Warsaw, Poland, and Singapore, supporting demand for predictive maintenance solutions in various regions.
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