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• ISDN Holdings deploys German product ERSTOTIZER, a functional surface coating that acts as a durable protective shield against resistant germs and the coronavirus, on 130 Singapore's public buses
• ERSTOTIZER is water-based, inodorous, colourless, and scratch-resistant, making it environmentally friendly and safe to use for humans |
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Stock price |
40.5 c |
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52-week range |
13.4 – 48 c |
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PE (ttm) |
15.6 |
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Market cap |
S$174 m |
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Shares outstanding |
429.6 m |
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Dividend |
1.0% |
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One-year return |
88% |
| Source: Yahoo! | |
ISDN Holdings, a company best known for its industrial automation solutions, said it has completed a 3-day pilot project with an unnamed major local bus transport company, gaining traction for its new business line.
ISDN administered its German-made ERSTOTIZER, an anti-microbial surface coating, on all the high-touch points of 130 buses.
These include single-decks, bendies and double-deckers, which were treated over the past three nights to strengthen anti-COVID capabilities in a cost-efficient manner.
They are a fraction of the four-figure fleet-size of the operator.
Pioneered by ERST Project GmbH, ERSTOTIZER is a long-lasting disinfecting surface coating solution that can be applied on hard and absorbent surfaces via a simple spraying and wiping process.
ISDN said the surface coating reduces bacteria by more than 99.9%, thereby ensuring that various types of viruses, bacteria, and microbes have no chance of survival.
More importantly, while the coronavirus can mutate, ERSTOTIZER is non-mutagenic.
This means that it is impossible for the mutating virus to develop any form of resistance to lessen its efficacy in the long-run.
The coating can last between up to 24 months.
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"Since entering the Joint Venture in May, we have made good progress in our new business line, supplying these innovative and eco-friendly disinfectant solutions first to the worker dormitories in Singapore and now to public buses."
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For more on the disinfectant business, see: ISDN: Q&A with investors post-1H20 results
