24 January 2022
t42 IoT Tracking Solutions plc
("t42" or the "Company")
t42 Secures Commercial Order with DHL
for its IoT Shipping Container Tracking Solutions
t42 IoT Tracking Solutions plc (AIM: TRAC) ("t42" or the "Company"), the real-time tracking, security
and monitoring solutions provider for the global container and freight market, is pleased to announce
a commercial order for its tracking solutions and services from DHL, the global leader in logistics.
Following a successful pilot programme that ran over multiple global destinations, DHL has confirmed
an initial commercial order for t42 Tracking Lock units (previously known as Lokies) for use in
Singapore. The Company expects the initial order for 32 units to be followed by further orders by DHL.
The pilot programme was a competitive process, with the competing solutions of several other
companies tested simultaneously. DHL chose t42 as its preferred provider, stating that its technology
had a significant advantage over t42’s competitors in terms of its capabilities, big data analysis and
reports received from the system and service levels. Furthermore, t42 has received a formal certificate
of excellence from DHL in recognition of the quality of its solution.