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Cortex Signs MOU with Telstra & HOA, Receives Trademark Registration Approval & Establishes a $23m Sales Pipeline

  • Published August 08, 2017 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Cortex is an Australian innovation delivering convenient digital information, entertainment and world-leading public amenities in a single point of presence. Australia’s next world-first, Cortex will define our next-gen digital public spaces.

  • Cortex Virtual Reality platform established and Brisbane-based showroom setup to facilitate virtual + onsite Cortex Product demonstrations.
  • 6 staff hired, doubling our R&D and Engineering teams.
  • Trademark registration approved and Cortex has an entirely new Web presence. Social Media Channels (Twitter + LinkedIn) are now launched.
  • Second prototype completed and presented at industry tradeshows for industry feedback.
  • Agreements: MOU with Telstra and HOA secured with SA Manufacturing partner.
  • Articles published in Security Magazine and syndicated across News Corp print and online.
  • Established Sales Pipeline worth $23m over 5 years across 7 local Australian councils including Brisbane, Melbourne, Adelaide, Newcastle and Sunshine Coast.

Cortex has been demonstrated to hundreds of industry partners and government decision makers at the Australian Smart Communities Association 2017 Conference (May, Adelaide) and the Australian Security Exhibition (July, Sydney). Scheduled to exhibit with the Brisbane Lord Mayor Delegation to Korea (Asia Pacific Cities Summit in September), and together with Austrade in Washington DC for Smart Cities Week in October.

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ABOUT SYLO PTY LTD – CORTEX

Sylo is an Australian organisation working in the global market and specialises in best-of-breed innovation, custom solutions, tier 1 products and value-add services for the Security Industry.

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