Danavation Technologies Corp. announced that the Company has secured new contracts pertaining to four additional installations of innovative Digital Smart LabelsTM. Since the beginning of 2023 alone, Danavation has announced installations of Digital Smart LabelsTM into ten new retail locations across Canada and the U.S. These new installations include the continued roll-out to the second and third installations for Palma Pasta in the Greater Toronto Area (GTA), following on the heels of Danavation's success with the first Palma Pasta installation in Mississauga, announced on May 05, 2022.

Through its initial installation,Palma Pasta found that Danavation's Digital Smart LabelsTM and Platform-as-a-Service (PaaS) solution helped to automate in-store operations and drove improved margins by increasing staff efficiency and reducing costs associated with inaccurate shelf pricing. These installations are expected to be complete by late spring, 2023. Danavation is also deploying Digital Smart LabelsTM for two new customers in Ontario, one of which is CSR Building Supplies (CSR), the specialist drywall and finishing tool superstore in Canada.

CSR has contracted to install Danavation's solution into its main location, with a second potential install predicated on the success of the first. The second new customer is a specialty appliance retailer in Ontario, where Danavation will install Digital Smart LabelsTM into one location in the Greater Toronto Area.