Seoul – June 14, 2022 –

People and Technology Co., Ltd. announced the supply of its IndoorPlus+ RTLS (Real Time Location System) and LBS (Location Based Service) solutions to Japan's ISI, a system integration company under the Ikeuchi Group, through its partner STI JAPAN.

About the Ikeuchi Group and ISI

Founded in 1868, the Ikeuchi Group operates in three primary sectors: Real Estate & Resorts, Building & Construction, and IT & Content. ISI, the group's system integration arm, is at the forefront of delivering innovative IT solutions across Japan.

Following a successful Proof of Concept (POC) last year in Tokyo, ISI plans to integrate People and Technology's advanced solutions with its own, targeting municipalities and corporations with services such as dementia wandering prevention, health management, mobile office solutions, asset tracking, fire detection, and emergency evacuation guidance. A portion of these services will be implemented on the first floor of ISI's new building at its Hokkaido headquarters.

Solutions Delivered

IndoorPlus+ RTLS

The IoT-based IndoorPlus+ RTLS solution offers real-time tracking of asset locations and smart sensing capabilities. Key features include:

• Real-Time Asset Tracking: Alerts triggered when assets move out of designated zones, preventing theft or loss.
• Operational Efficiency: Continuous monitoring of asset usage and deployment, complemented by weekly and monthly utilization reports to optimize asset allocation.
• Lifecycle Management: Insights into asset maintenance schedules and usage history, supporting data-driven decisions for operational improvements.

IndoorPlus+ LBS

The LBS solution employs Bluetooth location beacons affixed to fixed locations such as walls or ceilings. These beacons transmit signals received by smart devices (via SDK integration), enabling applications like:

• Indoor Navigation and Geo-Fencing
• Sensor Monitoring
• Emergency Evacuation Guidance: Seamlessly integrates with Google Maps for indoor and outdoor navigation, using GPS coordinates (latitude, longitude) rather than relative coordinates (X, Y) to streamline the transition between outdoor and indoor spaces.

Hardware and Software Integration

In addition to the RTLS and LBS software solutions, People and Technology will supply supporting hardware, including:

• Beacons and Scanners
• Fire Detectors

CEO's Remarks

Hong Sung-pyo, Co-CEO of People and Technology, stated:
“This contract marks a significant milestone in expanding our RTLS and LBS offerings internationally. We are proud to partner with STI JAPAN and ISI to bring cutting-edge IoT solutions to Japan’s dynamic market. The integration of our solutions will not only enhance asset management but also improve safety and operational efficiency in diverse environments.”

Through this collaboration, People and Technology continues to solidify its global presence, advancing innovative IoT solutions tailored to various industries.