Anti-theft tech deployed at WA building sites

In order to prevent theft from building sites and display homes, Secure2Go has partnered up with some of Western Australia’s largest building companies.

The company is supplying small devices that can be hidden inside commonly stolen items, and which activate when they are moved outside of a designated zone. This makes it possible for authorities to track them down.

The SECUREasset system has been implemented as part of the building industry’s BUSTED WA anti-theft initiative. Secure2Go has partnered up with security company Meridian Services to deliver the high-tech approach, while major residential builders such as ABN Group, BGC, JWH Group and Summit Homes have also come on board.

“Our focus is on developing products that provide peace of mind to our customers,” said Secure2Go Chief Executive Officer Wes Lawrence.

“This is a great example of how an industry and indeed the broader community can benefit from an innovative and collaborative approach to tackling crime.

“The advantage of the technology is that everyone involved benefits — except, of course, the person stealing the items from a building site.”

The company has developed a range of devices, some of them as small as a 50-cent piece. They transmit a signal via cellular networks and other RF technologies.

Secure2Go is working towards an ASX debut in December 2016 with the ASX code ‘S2G’. The IPO will result in a market capitalisation for Secure2Go of approximately $20 million.

Image credit: ©iStockphoto.com/© Barış Muratoğlu