Summit has worked with Seven Investment Management to provide funding for business relocation, office fit out and the acquisition of new high technology assets.
Romad Ltd is a market leading specialist solutions provider of mobile location based services (LBS) for lone worker protection and personal security. They manufacture the Romad Personal Safety Phone, a powerful cell ‘phone based GPS location tracking product that provides security and peace of mind for lone workers in both the Public and Private sector across Europe.
Our customer, a major hardware manufacturer that specalises at delivering and implementing client served desktop systems, was granted a major sub-contractor remit by a well known IT outsourcing company.
Lone Workers are not the bi-product of any one industry. They can be employed in health, security, probation, sales, construction, postal and any type of work or function that involves remote working.
Legislation requiring employers to provide security and protection for their lone workers is now becoming more prevalent across Europe. Romad addresses these requirements for risk management and worker safety through it’s industry leading products.
Operating in a market place that is both highly competitive and capital intensive, Romad was looking for a partner that could provide equity investment, consultancy and vendor financing across Europe for it’s portfolio of products. Romad’s strategic alliance with Summit meets these requirements.
Today, Romad supplies it’s products exclusively on rental via distributors and airtime providers to both the UK and European Public and Private sectors, using a suite of products designed, managed and supported by Summit.
Roger Frye, CEO of Romad Limited explains “Working with Summit has kept us focused on our sales delivery from the beginning, allowing the commercial and marketing strategy to logically evolve. The financial benefits to Romad from stock levels to debtor management and ultimately company valuation brought by Summit’s marketing led, sales driven approach are significant”.
The Romad Personal Safety Phone (PSP) represents the leading edge in mobile design and location technology. Utilising the very latest SiRF Star III low power consumption chipset and unique SiRF Instant Fix technology ensures benchmark accuracy and location acquisition times.
The Romad RSP-100 is small, slim line and lightweight. Measuring only 84mm in height, 46mm in width and a depth of 17.5mm makes the unit compact and comfortable. Weighing only 62.5g with the standard battery attached means that the device can be worn on a lanyard, or placed in a mobile case.
Simple over the air commands are used to configure the device, providing 4 pre-programmable speed dial numbers and a rugged SOS alert button. The screen is clear and defined providing 96x25 pixel lines of text and permanently displays battery and signal strength indicators.
It’s strong build quality, high quality finish, features and simple operation ensures that the RSP-100 is more than suited for deployment in any Lone Worker, Security and workforce management environment.