Seoul – October 27, 2022 –

AIoT and data services leader People and Technology Co., Ltd. has signed a contract with Hyundai Steel, South Korea's leading steel company, to implement its IndoorPlus+ real-time location solution to enhance safety in industrial environments.

Key Features of IndoorPlus+

The system addresses critical safety challenges in workplaces where accidents are a constant risk. It enables:

• Real-time worker location tracking: Essential for quick responses during emergencies, particularly in confined spaces.
• Accident prevention and mitigation: Automatically reports when a worker is stationary for extended periods, indicating potential issues in confined spaces.
• SOS functionality: Workers can send emergency signals to the control center using an SOS button integrated into their helmets.

Technological Advantage

• Proven Precision: The IndoorPlus+ system is powered by a world-class precision positioning engine validated through eight years of field testing.
• Advanced Communication Protocols: Utilizes Bluetooth and LoRa communication networks to ensure long-range data transmission in Hyundai Steel’s expansive steel production facilities.
• Web-Based Dashboard: Allows safety managers to efficiently monitor and manage multiple workers across large operational areas, improving oversight with minimal personnel.

Impact on Safety and Productivity

• Enhanced Worker Safety: By identifying and addressing potential risks in real time, the system reduces the likelihood of accidents in high-risk and night-shift operations.
• Improved Productivity: Mitigating worker anxiety in hazardous environments boosts morale and operational efficiency.
• Regulatory Compliance: Helps Hyundai Steel align with the Serious Accidents Punishment Act, fulfilling legal and social responsibilities.

Strategic Vision

By successfully implementing this worker safety and environmental monitoring system for Hyundai Steel, People and Technology aims to extend its industrial safety model to other domains, including construction, chemical, and manufacturing industries. This partnership positions the company as a leading provider of industrial safety solutions in South Korea.

Hong Sung-pyo, Co-CEO of People and Technology, stated:
"We are honored to collaborate with Hyundai Steel to enhance worker safety. This project strengthens our mission to lead the industrial safety domain through advanced IoT solutions."