ZBD Announces USD25M of New Investment Including Participation from Zebra Technologies Corporation
14 October 2013
ZBD Displays, the leading provider of fully graphic electronic shelf labels (ESL) solutions, is delighted to announce that it has received a strategic investment from Zebra Technologies Corporation (NASDAQ: ZBRA). The investment follows a further injection from ZBD’s long term investors in August 2013 including Trillium International, DFJ Esprit, Lansdowne Partners and TTP Ventures.
"We are thrilled to have the continued support of our long-term investors and welcome new support from Zebra Technologies," said Andrew Dark, CEO of ZBD Displays.”Zebra is an industry leader in the retail technology sector with great insight into retailers’ business practices and future technology needs. Their support of ZBD will provide great strength to our current abilities to support Tier One retailers on a global basis."
"We have achieved major traction with Tier One retailers in a number of regions who believe that our new white and white-with-colour displays, which, when paired with our 2-way, class leading, wireless infrastructure and software suite, will deliver the best solution to meet their current business needs and future proof them as customer buying patterns and technology advancements occur. With Zebra's investment and global support we are confident of major growth driven by supplying the largest worldwide retailers with the only complete 2-way ESL solution with paper white contrast."
"We are committed to helping retailers navigate technology solutions that directly enhance the shopper experience and build customer loyalty,” said Anders Gustafsson, CEO of Zebra. "ESL is a technology of increasing interest for retailers, and we are excited about the possibilities in collaborating with ZBD to deliver compelling solutions to our customers."
ZBD is a leader in the design and supply of fully graphic dynamic display solutions for the retail, healthcare and office signage industries. The company has developed the next generation of LCD, creating high-contrast bistability that requires no battery power to retain its image. Its range of displays and high performance 2-way communication infrastructure provides users with the ability to display fully graphical images containing product, patient or usage information and to change this data both remotely and automatically effectively signalling the end of paper based signage. For further information on ZBD, visit http://www.zbdsolutions.com
Media contact at ZBD
Jacquie Boast – SVP Global Sales and Marketing
Tel: +44 (0)1344 292 email@example.com
About Zebra Technologies
A global leader respected for innovation and reliability, Zebra Technologies Corporation (NASDAQ: ZBRA) offers technologies that give a virtual voice to an organization's assets, people and transactions, enabling organizations to unlock greater business value. The company's extensive portfolio of marking and printing technologies, including RFID and real-time location solutions, illuminates mission-critical information to help customers take smarter business actions. For more information about Zebra's solutions, visit http://www.zebra.com
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