Teleconnect Inc. (Teleconnect) telecommunications service provider in Spain. The Companyâs business involves the age validation of consumers when purchasing age restricted products, such as alcohol or tobacco. The Company also sells and maintains vending solutions (through Mediawizz). The Company is also involved in the broadcasting of in-store commercial messages using the age validation equipment between age checks (through HEM), and plans to develop market survey activities in the future (Giga Matrix). The Companyâs system (Ageviewers) is designed to remotely check ages. The Companyâs hardware products are fully in compliance with the European Machine Directive and have been tested and approved for electromagnetic compatibility. The operations are limited to Europe.