MOUNT HOREB, Wis., Dec. 8, 2020 /PRNewswire/ -- OneEvent
Technologies, Inc. is proud to announce its new innovation, the
Thermo HeartbeatTM algorithm. Utilizing predictive
analytics and Internet of Things (IoT) technology, OneEvent
monitors refrigeration temperatures while predicting the potential
breakdown of refrigerators and freezers to help protect COVID-19
vaccine inventory.
According to the World Health Organization (WHO), 50% of
vaccines may be wasted globally every year and wastage in unopened
vials is usually attributed to cold chain and stock management
problems.*
One of the primary causes of improper refrigeration is the loss
of cooling due to equipment failure.
The OneEvent® system, which meets CDC requirements and
recommendations, protects COVID-19 vaccines and other inventory in
cold storage in two ways. First, the OneEvent® system provides
remote, real-time monitoring through a cellular gateway,
collecting data from door and temperature sensors (including
ultra-cold). Data is stored and analyzed in the cloud to verify
that conditions are normal. When conditions exceed pre-set
parameters, alerts are sent to a mobile device via email, text or
push notification, empowering staff to correct the problem before
inventory is affected. The OneEvent® system helps users meet
CDC requirements and recommendations for vaccine storage.
The second method of protection is provided through the
OneEvent® system's Thermo
HeartbeatTM algorithm and predictive
analytics . The Thermo
HeartbeatTM analyzes temperature variation during
normal use including warming, cooling and defrost cycles. By
collecting and analyzing data with predictive analytics, the
OneEvent® system can detect whether a refrigerator or freezer
has issues maintaining proper temperature and can predict if a
unit's temperature will go above or below its pre-set limits days
in advance of doing so.
The Thermo HeartbeatTM algorithm's advance
notification allows users to take action to protect their inventory
in advance of a critical situation. Aside from protecting vital
inventory, OneEvent's advance notice of potential issues reduces
the strain on staff and reduces costs from expensive after-hours or
rush service charges.
As the world begins the most extensive vaccination program in
history, safeguarding COVID-19 vaccines will play a vital role in
empowering us to recover from this devastating disease.
About OneEvent:
OneEvent Technologies, Inc, is a subsidiary of National Presto
Industries, Inc. (NYSE: NPK).
OneEvent was created to empower the protection of lives and
property and has patented modern safety solutions to protect
buildings, homes, assets and occupants. OneEventTech.com
* See Monitoring Vaccine Wastage at Country Level, available at
https://apps.who.int/iris/bitstream/handle/10665/68463/WHO_VB_03.18.Rev.1_eng.pdf
This release contains "forward looking statements" made pursuant
to the safe harbor provision of the Private Securities Litigation
Reform Act of 1995 that are subject to certain risks and
uncertainties, as well as assumptions, that could cause actual
results to differ materially from historical results and those
presently anticipated or projected. In addition to the factors
discussed above, other important risk factors are delineated in the
Company's various SEC filings.
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SOURCE OneEvent Technologies, Inc.