Company Performance Metrics
- Uzi Breier: CEO
GreenieCom has developed the world’s first electronic dispenser for shopping bags, connected to the cash register for accuracy, automation and charging as part of the point-of-sale billing. The company also offers compatible biodegradable bags.
Annual US consumption of plastic bags is estimated to be about 150 billion bags per year. The global
trends of moving from plastic packaging to biodegradable, compostable or recyclable alternatives, coupled with regulatory changes, creates a strong need for retailers worldwide for a POS-connected automatic system for dispensing shopping bags.
GreenieCom’s dispensing machine has a unique, patent protected, mechanical attribute that allows accuracy, ease-of-use and minimal mean time between failures. The technology is patent protected, and a large scale POC was conducted and verified feasibility, market acceptance and the business model. Several prototypes are now working at existing retailers in Jerusalem, Israel.