JonDeTech receives a design win regarding JIRS40 from Chinese Yoyon and an initial order

MAR

JonDeTech has received a design win from Zhuhai Yaoyang Electronic Technology Co., Ltd (Yoyon), a major Original Design Manufacturer (ODM) in the smart locks market. The design win for JIRS40 is intended for use by a Tier 1 smart lock OEM. This is JonDeTechs first design win with the packaged sensor JIRS40, which was recently added to the product portfolio. An initial order of JIRS40 with an order value of USD 56,100 has already been received from Yoyon.

The design win is related to JIRS40 hardware and software components developed by JonDeTech. In addition to the initial order, JonDeTech sees a high potential for recurring orders.

Zhuhai Yoyon Electronic Technology Co., Ltd. is a Chinese high-tech enterprise with its headquarters in Zhuhai City in the Guangdong Province. The company vertically integrates biometric algorithms, chip development, sensor development, solution development, and production. They provide high-tech, low-cost fingerprint, face, finger vein, and voiceprint biometric solutions and products for various fields, such as smart locks, elections, bank security products, and smart building intercoms. And they occupy a considerable market share in these fields. They are also known for being China's electronic smart lock technology center.

- It is very gratifying that we have received our first design win regarding JIRS40. The fact that we simultaneously manage to add JIRS40 to our product portfolio and, at the same time, drive a customer dialogue to the finish line shows that we have an incredible ability; it also clearly indicates that JIRS40 has a clear place in the market, says Dean Tosic, CEO of JonDeTech.

JIRS40 is a packaged sensor product that was recently added to JonDeTech's offerings, it fits well into and complements the existing product portfolio. In addition to the sensor's good features regarding price and performance, it works very well with the company's patented software for presence detection (wake-on approach).

For more information, please contact:

Dean Tosic, CEO JonDeTech, phone: +46 73 994 85 70, mail: dean.tosic@jondetech.com 

This information is information that JonDeTech Sensors AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU No 596/2014). The information was submitted for publication, through the agency of the contact person indicated, on 9 February 2023 at 14.35.

About JonDeTech

JonDeTech is a supplier of sensor technology. The company markets a portfolio of IR sensor elements based on proprietary nanotechnology and silicon MEMS. The nanoelements are extremely thin, built-in flexible plastic, and can be manufactured in high volumes at a low cost, which opens up for a variety of applications, such as temperature and heat flow measurements, presence detection, and gas detection. The company is listed on Nasdaq First North Growth Market. Redeye is the company's Certified Adviser. Read more at www.jondetech.se or see how the IR sensor works at www.youtube.com/watch?v=2vEc3dRsDq8.

Datum 2023-02-09, kl 14:35
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