Intelligent Bio Solutions Adds Major European Transport and Infrastructure Solutions Provider to Growing Number of Accounts Adopting Fingerprint Drug Screening Technology

Company Overview - Intelligent Bio Solutions Inc. (NASDAQ:INBS) is a medical technology company focused on delivering innovative, rapid, non-invasive testing solutions [5] - The company’s Intelligent Fingerprinting Drug Screening System utilizes fingerprint sweat analysis for drug testing, which is designed to be hygienic and cost-effective [5][11] Recent Developments - INBS has added a major European transport and infrastructure solutions provider to its client base, indicating growing interest in its technology within the transport and infrastructure sectors [3][8] - The new client will use INBS' Intelligent Fingerprinting Drug Screening System to monitor employee fitness for duty in the UK [3][4] Technology and Benefits - The Intelligent Fingerprinting Drug Screening System allows for quick, in-house drug testing, providing results in under ten minutes, which enhances operational efficiency and workplace safety [4][11] - The system screens for common workplace drugs, including opiates, cocaine, methamphetamine, and cannabis, making it a valuable tool for safety-critical industries [5][11] Market Position and Strategy - The addition of the new client follows a long-term relationship with an existing account in the same sector, demonstrating INBS' ability to establish enduring supply relationships [8] - The company is gaining traction across various industries, including construction, manufacturing, engineering, transport, logistics, and drug treatment organizations [5][8]