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Socket Mobile Expands DuraScan Series for Logistics and Manufacturing

1. Socket Mobile expands DuraScan series with new D762 barcode scanner. It targets rugged logistics applications. 2. D762 offers up to 14 feet scan range for safer, efficient warehouse operations. It enhances productivity in logistics. 3. Product integrates with CaptureSDK for seamless compatibility across mobile platforms. Supports both iOS and Android systems. 4. Launch signifies Socket Mobile’s commitment to tailored solutions for logistics and manufacturing. It marks a strategic product expansion.

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Why Bullish?

The product expansion signals innovation and potential revenue growth. Historical instances, where tech companies expanded their product lines, led to positive investor sentiment and short-term share gains.

How important is it?

The release of the D762 is a significant strategic move that could improve market positioning and revenue. Its impact on efficiency and safety in key sectors suggests a meaningful influence on SCKT’s valuation.

Why Short Term?

New product launches typically create near-term optimism among investors. Immediate order flows and market response can drive share price improvements quickly.

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ZBRAHON
FREMONT, Calif., Feb. 20, 2025 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture solutions, is excited to announce the expansion of its DuraScan product family to offer new options and scanning capabilities tailored to the logistics and manufacturing sectors. The DuraScan product family is known for its rugged durability, advanced data capture functionalities, and versatile applications across multiple industries. Socket Mobile is expanding the series with the new DuraScan D762, a high-performance 1D/2D barcode scanner designed to meet the specific requirements of warehousing, logistics, and manufacturing environments. Offering a read range of up to 14 feet, the D762 enables workers to scan pallets, inventory, and packages accurately from a comfortable distance, making it particularly valuable in fast-paced warehouse operations. The D762 also supports building inspectors and other commercial services professionals who need to scan overhead items and signage, improving safety and efficiency by eliminating the need for ladders or lifts. Compatible with all mobile applications that support Socket Mobile devices, the D762 is the ideal solution for warehouse operators, logistics providers, and field service professionals using iOS, Android, and other mobile platforms to manage their operations. "At Socket Mobile, we are committed to empowering our logistics and manufacturing partners with the tools they need to operate at peak performance," said Dave Holmes, Chief Business Officer at Socket Mobile. "The DuraScan D762 is the first in a series of specialized data capture solutions designed to meet the unique challenges these industries face. With the launch of the D762, we are equipping our logistics partners with a high-performance scanner that delivers extended range, fast 1D and 2D scanning, and seamless compatibility with iOS and other platforms. This launch marks just the beginning as we continue developing additional solutions to support the evolving demands of logistics and manufacturing operations." The D762 is fully compatible with all existing applications that use Socket Mobile's CaptureSDK and can be evaluated without any additional work. Application developers who do not yet support Socket Mobile's expansive range of data capture devices can do so with CaptureSDK. CaptureSDK gives app providers reliable and consistent data capture performance, enabling their apps to capture data efficiently in the physical world. By integrating CaptureSDK, app providers can maximize the value of their solution and increase their customer's overall productivity and satisfaction. CaptureSDK-enabled apps allow end-users to interchange any of Socket Mobile's data capture devices, giving them the freedom to choose the best reader for their needs at any given time. The DuraScan D762 is available now on the Socket Mobile website and will be available through distribution partners in March, with an MSRP of $699. Media Contact: David Holmes, [email protected] SOURCE Socket Mobile, Inc.

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