14bis Supply Tracking selected as Security and Privacy Finalist at SXSW 2018

 

FOR IMMEDIATE RELEASE

Houston, TX USA January 22, 2018

14bis Supply Tracking SXSW Accelerator Finalist Security and Privacy 

14bis Supply Tracking, the Aerospace Supply Chain of Trust selected as Security and Privacy Finalist at SXSW 2018

 

14bis Supply Tracking (SafeFlights Inc. /D/B/A/ 14bis Supply Tracking) was selected as a finalist in the Security and Privacy category of the Tech Industry track (Interactive Festival) for the 2018 South by Southwest (SXSW) Accelerator.  SXSW is one of the world’s top innovative annual conglomerate of film, interactive media, and music festivals and conferences, which takes place at the Austin Convention Center in Austin, TX (USA).  The SXSW Interactive Festival runs from March 9-13, 2018.  14bis Supply Tracking will pitch on Sunday, March 11th during the 9:30am-10:30am slot in the Security and Privacy Technology category.

Off to a running start, 14bis Supply Tracking was showcased as “SafeFlights Inc.” at WebSummit 2017, the Paris Air Show 2017 and featured in articles in tier 1 French business magazine Challenges, aerospace industry MRO-Network.com and spoke at the 2017 European Women Payment Network Awards.

14bis Supply Tracking’s technology protects against supply chain vulnerabilities by providing trustworthy asset tracking bridging the physical-digital gap that streamlines supply chain processes.   We improve supply chains with exceptional tracking capabilities leveraging blockchain technology and our patent-pending system.

Unapproved  and counterfeit parts are a critical safety issue  and national security concern. Governments worldwide absorb the costs of increased enforcement and lost tax revenue associated with counterfeit parts in the supply chain. In industrial settings, the costs associated with mitigating risk, replacing failed counterfeits, and delays resulting in lost sales end up hurting the company and its brand.  14bis Supply Tracking bridges the physical-digital gap for parts tracking with its patent-pending system that integrates into existing ERPs so companies don’t have to reinvent the wheel .

In a recent report by the Aerospace Industries Association, which counts among their members prestigious aerospace companies like BAE Systems, The Boeing Company, Lockheed Martin Corporation, the introduction of counterfeit parts is listed to affect all levels of the supply chain from government, to industry and consumers[1]. These parts can be either electrical, mechanical or have other applications[2].

With its patent-pending system, 14bis Supply Tracking improves aviation supply chains by providing uncompromised, immutable safety through exceptional parts tracking capabilities and unparalleled customer service.

14bis Supply Tracking seeks to be the world’s most trusted aerospace parts integrity guarantor, ensuring safety for all flights.

For more information visit: https://14bis.aero/

 

Media Contact:

Eleanor Mitch

14bis Supply Tracking

(713) 574 2246

em@14bis.aero

 

 

 

 

[1] “Counterfeit Parts – Increasing Awareness and Developing Countermeasures”. Aerospace Industries Association. March 2011. http://www.aia-aerospace.org/report/counterfeit-parts-increasing-awareness-and-developing-countermeasures/

[2] The 2017 US Office of the Inspector General Audit Report notes that the ineffectiveness of FAA processes regarding suspected unapproved parts.

 

2018-02-19T17:24:28+00:00