REFFIND to Increase Focus on Commercial Opportunities for WooBoard, Agreement with InterBIO Discontinued

  • Jul 17, 2020 AEST
  • Team Kalkine

A strategic decision has been made by REFFIND Limited (ASX:RFN), which involves increased emphasis on identifying commercial opportunities that shall allow RFN to fast-track the commercial rollout of an enhanced WooBoard solution that is suitable for the current environment.

Also, RFN’s proposed licencing agreement with International Biometrics Pte Ltd (InterBIO) has been discontinued after the mutual consent of the parties.

More interestingly, RFN’s average number of new accounts per month reached 72, indicating a 179% increase from the previous three months. These new customer signups have added, on average, 763 users per month to the platform.

RFN continues to enhance the functionality of its intelligent employee recognition platform, WooBoard, to offer the best possible customer experience for users.


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