Tuesday, 12 April 2016 11:26

TikForce to relist on Australian Stock Exchange today

By

Perth-based digital identification and verification startup TikForce will relist on the ASX today after successfully completing its reverse takeover of Palace Resources and raising $4.5 million.

CEO and founder Kevin Baum said, “The thing about being a public company is there is another level of trust and openness that is required, which allows other companies to understand that we can deliver what we promise and that we are held accountable under public scrutiny.”

Baum has had experience with ASX-listed Chrome Global as its Managing Director and as part of the management team at OzEmail when Prime Minister Malcolm Turnbull was there.

iTWire reported on the digital identification and verification industry and TiKForce recently using the recent example of the NSW Police Force that had to deal with not only a senior police detective being caught drink driving, but it being revealed that he hadn’t had a driver’s licence for 25 years.

TikForce’s digital Tik.me platform provides a way for employers to identify workers and their credentials and qualifications. The company’s solution cuts compliance costs for companies and helps workers secure jobs more easily.

It also has a digital product that's that while not the same level as TikForce's statutory Australia Post product is being examined across courts around the world regarding electronic validation being on the same par as a physically verified document.

Baum said, "We are achieving very good results with labour hire, contracting and share economy businesses in particular. We expect to make some firm announcements on these new clients in the next few weeks.

Melbourne based Metro Trains is one of TikForce's main clients, with initially 2000 contractors and sub-contractors being vetted by the platform, with a potential pool of 50,000 as they ramp up their use of it.

Baum added, “Clients will also be covered by Lloyds of London insurance cover for legal costs if they are sued for using non-compliant workers. The insurance cover validates the Company’s rigorous international compliance standards and its business model.”


Subscribe to ITWIRE UPDATE Newsletter here

GRAND OPENING OF THE ITWIRE SHOP

The much awaited iTWire Shop is now open to our readers.

Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.

PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for any country.

We hope you enjoy and find value in the much anticipated iTWire Shop.

ENTER THE SHOP NOW!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE
Ray Shaw

joomla stats

Ray Shaw ray@im.com.au  has a passion for IT ever since building his first computer in 1980. He is a qualified journalist, hosted a consumer IT based radio program on ABC radio for 10 years, has developed world leading software for the events industry and is smart enough to no longer own a retail computer store!

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments