Export Awards: Nominated thanks to ankle bracelet
Geosatis SA in Jura was nominated for the Export Awards 2015 by Switzerland Global Enterprise.
The finalists of the Export Awards by Switzerland Global Enterprise (S-GE) show how SMEs with good preparation can benefit from the phenomenon of the "rising middle class" in emerging markets - and succeed in Europe despite the strength of the Swiss franc. The independent Export Awards jury has nominated six companies: Among them is a company from the security industry - Geosatis SA, which exports electronic ankle bracelets to South Africa.
The Geosatis SA based in Le Noirmont JU, specializes in electronic monitoring systems and, according to the jury, has developed an ankle bracelet for the permanent monitoring of offenders that is revolutionary in the global market. Thanks to its robustness and user-friendly software, the ankle bracelet is expected to become a suitable means for overcrowded prisons to implement part of the enforcement outside the penitentiary in the future.
The SME was founded in 2010 and today employs 15 people. Thanks to a first bulk order for the ankle bracelet from South Africa, the company's turnover of 450,000 Swiss francs (2014) will multiply this year, they say.
Whether the finalist Geosatis is one of the winners will become clear on April 23, 2015. That is when the annual Foreign Trade Forum takes place in Zurich with the award ceremony.
