Our plan is to connect to the extensive food traceability platform which has
been developed by SSB. The extended network will thus allow us to have a wide
reach which will cover not only
We have been funding our operations through loans from SSB over the past few years. Going forward, our ability to continue as a going concern is dependent upon our ability to raise additional capital and to ultimately achieve sustainable revenues and profitable operations. We are currently in discussions with several investment banks and private lenders to obtain additional debt or equity financing. There is no guarantee that we will be able to obtain additional financing.
History and Background
Smartagprovides innovative solutions and services to various industries in the private and government sectors through Internet and Mobility applications technologies to deliver our products and services to homes and businesses. º Smartaghas been selected by government sponsored Multimedia Development Corporation(MDEC) in Malaysia, the mandated organization to visualize, and drive Digital Malaysia to establish a Trusted Mobile Digital Wallet System based on Near Field Communication for Mobile Phones. º Fully developed Smartrack™ EPCIS (Electronic Product Code Information Services), which culminated in the company receiving the 'Best of e-Logistics Merit Award' for Smartrack™ at the MSC Malaysia APICTA Awards 2010, and Merit Winnerunder the category of e-Logistics and Supply Chain Management at the Asia Pacific ICT AllianceAwards 2010. Smartrack™ is also the first in Asia Pacific, and the second in the world to pass all nine (9) conformance test branches conducted by MET Laboratories Inc.on behalf of GS1 Internationalwhereupon Smartrack™ was subsequently awarded with the EPC Global Software Certification Mark. This allows us to link up multiple supply chain logistics company systems together safely into one traceability system using RFIDand Bar Codes. º Developed comprehensive Food Traceability solution from Farm to table, using GPS, Internet and mobility technologies. The solution is suitable for products like Palm Oil, Frozen meat, high value herbs and health care products. -5- Our Products and Services
We specialize in traceability and mobile payments. We provide food traceability,
In the immediate future we will focus on food traceability and in particular meat traceability. Thus we will provide "farm-to-table" meat traceability system which includes the ability to facilitate product recall.
The meat supply chain tracking start from the farms using the animal ear
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Other Track and Trace Solutions - Halal Traceability System
Halal is an Arabic word "????" mean "permitted' or "lawful".
Halal Certification is a process carry out by an authorized Muslim body to ensure that food preparation processes comply with Islam Law or Syariah'.
Halal Traceability System Features
The system involves three components namely
º Halal and Health Premise Certification
º Halal Logistic Certification
º Halal Food Traceability -6-
The system is designed to manage the Halal Certificated issued by the authority and allow a Muslim to verify the Halal outlets authenticity. Halal logistic certification is to ensure the transport system used, warehouse and freezer are certified Halal, and avoid any contamination from non-Halal elements. The Halal Food Traceability system is to provide supply chain tracking of raw material supply and processed finished goods to ensure compliance with Halal requirements.