Xcure Signs Master Distribution Agreement with People Multi for "Outdoor Smart AED Storage Box"

Xcure, a company specializing in IoT security solutions, announced on August 25 that it has signed a master distribution agreement with People Multi, a subsidiary of KONEX-listed JM Multi, for the "Outdoor Smart AED Storage Box (XAFE-SAFE)."

From the left, Euncheol Ahn, CEO of Xcure, and Eungil Song, Vice President of People Multi, are posing for a commemorative photo at the master distribution contract signing ceremony for the "Smart AED Storage Box" held on the 21st. Xcure

Since the Itaewon disaster in 2022, the need for emergency response in outdoor spaces has gained significant attention in society. As a result, the installation of AEDs (Automated External Defibrillators) - previously focused mainly indoors - is expanding across both public institutions and the private sector. Consequently, demand for "outdoor AED storage boxes" that can meet various requirements such as extreme weather resistance, waterproofing and dustproofing, shock and theft prevention, and visibility is rapidly increasing.

Xcure has developed "XAFE-SAFE," which applies an IoT-based remote management system, allowing users to remotely check the operational status of AEDs without visiting the installation site in person. This product is designed to securely store AEDs even in outdoor environments. In response to the growing demand from both public and private sectors, Xcure has pursued this master distribution agreement with People Multi.

People Multi is a company that develops and supplies radar-based healthcare devices. Through this agreement, it will be responsible for operating a nationwide supply chain and maintenance network, serving as a key partner in expanding the distribution of public safety infrastructure such as AED storage boxes.

Euncheol Ahn, CEO of Xcure, stated, "Through our collaboration with People Multi, we expect to expand our supply network nationwide, including remote and mountainous areas, and achieve annual sales of over 5 billion KRW."

Based on this agreement, Xcure is also planning to expand overseas, targeting the European, American, and Asian markets sequentially. Building on the success of its outdoor products, the company aims to complete development of the indoor "XAFE MINI" model this year and begin production and supply starting in 2026.

This content was produced with the assistance of AI translation services.