KUALA LUMPUR: Sedania Innovator Bhd has teamed up with Iscada Net Sdn Bhd (Is.Net) to provide Internet of things (IoT) solutions to the Fire and Rescue Department of Malaysia (Bomba) for five years starting Dec 21.

In a filing with Bursa Malaysia yesterday, Sedania said its wholly-owned subsidiary IDOTTV Sdn Bhd has entered into a strategic partnership agreement with Is.Net for the venture.

Under the deal, Is.Net will be the contracting party with Bomba, while IDOTTV will be responsible to design, develop, procure and supply IoT solutions in the form of iSNET Fire Safety Portal (iFSP) devices to Is.Net.

Is.Net is a technology provider for advanced integrated fire detection solutions, and has been appointed by Bomba as its direct fire safety link service provider. IDOTTV is a platform provider and service enabler specialising in providing ancillary services to mobile subscribers in Malaysia and Bangladesh.

“The number of devices to be designed, developed, procured and supplied to Is.Net is for a minimum of 6,300 designated buildings identified by Bomba for a period of five years, which may increase from time to time when Bomba adds on to the designated building list,” said Sedania.

It added that IDOTTV will be supplying iFSP devices to Is.Net at a minimum selling price of RM2,300 per unit.

The agreement also stated that Is.Net grants IDOTTV or its holding company the first right of refusal to purchase a minimum 35% of Is.Net’s equity.

On the rationale, Sedania said the partnership to design and supply devices that allow for instant connectivity and connection between the designated buildings and Bomba, is part of the company’s venture into the IoT technology.