Teleconnect Inc. (TLCO)
Teleconnect Inc. operates in the Business Equipment & Supplies industry of the Industrials sector, headquartered in Breda, NL. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $2.0M. Its beta of -0.39 implies it has historically moved less than the broad market.
Teleconnect Inc., founded in 1998 and headquartered in Breda, the Netherlands, focuses primarily on age verification solutions. The company manufactures, distributes, and leases out specialized equipment, including its flagship Ageviewer system, to grocery stores and alcohol retailers across the Netherlands. This technology remotely validates customer ages, playing a crucial role in preventing the illegal sale of tobacco and alcoholic beverages to underage individuals. Additionally, Teleconnect supplies and maintains automated vending machines that dispense travel-related items and other products, typically found in high-traffic transportation hubs such as train stations and airports. The company also conducts market research and ingeniously repurposes its age validation devices to broadcast in-store commercial advertisements during intervals between age checks.
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