MIDAS is an automated software package capable of calculating the environmental impact of chemical releases under routine or accident conditions (including terrorist threats). MIDAS is designed to quickly produce real-time estimates of plume location and intensity for immediate use by plant staff and emergency response organizations. The Directors of Paragon Care (ASX:PGC) are pleased to announce the acquisition of Midas Software Solutions Pty Ltd (owner of the MIDAS intellectual property) and the business and assets of Spintech Oceania Pty Ltd (owner of the global distribution rights to MIDAS). MIDAS is a world first, fully.
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