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Trackx Holdings Inc V.TKX.H

Alternate Symbol(s):  TKXHF

TrackX Holdings, Inc. is engaged in the development and customization of its proprietary enterprise software platform which enables companies to track physical assets using a variety of item level tracking and sensor technology. The Company provides software-as-a-solution (SaaS) based enterprise tracing, tracking and collaboration solutions for sustainable and better performing supply chains. Its solutions are built on an enterprise scalable and fully customizable platform that leverages a range of radio frequency identification (RFID), Internet of things (IoT) and sensor technologies to provide item level visibility to customers across a range of industries, including food, beverage, brewery, automotive, insurance, technology and government.


TSXV:TKX.H - Post by User

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Post by synectixon Mar 06, 2018 7:44am
120 Views
Post# 27666103

News could well be a game changer for TKX

News could well be a game changer for TKX

TrackX and DENSO Partner to Offer Enhanced Solutions for the Automotive and General Manufacturing Industry

Tuesday, March 06, 2018

 

TrackX and DENSO Partner to Offer Enhanced Solutions for the Automotive and General Manufacturing Industry

07:00 EST Tuesday, March 06, 2018


DENVER, March 06, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX), an enterprise Industrial Internet of Things (IIoT) software platform provider, and DENSO Products and Services Americas, Inc., an affiliate of DENSO Corp., a leading supplier of advanced automotive technology, systems and components, have partnered to provide asset tracking and management solutions to the automotive industry. The two companies will collaborate and deploy solutions utilizing the TrackX GAME (Global Asset Management for Enterprises) platform and DENSO’s automotive component and industry expertise.

David Keller, business manager of DENSO Products and Services Americas, Inc., “Our partnership with TrackX enables us to offer RFID Asset Tracking services to our customers and enter the IIoT space with GAME software running on our DENSO RFID Handheld.  Customers simply tag the assets they would like to track, and then with the handheld, they are able to instantly conduct audits and locate their assets anywhere in the world in real time.”

DENSO contributes productivity improvements to many factories, shops and offices in support of customer innovation through Automatic Data Capturing, Industrial Robots, and Industrial Controllers for manufacturers. The partnership will advance the deployments of DENSO handheld devices with TrackX software capabilities to current and future customers to help increase productivity and efficiencies through advanced workflows, automatic detection and asset audits.

“We’ve demonstrated that we understand the needs of the automotive industry by winning and expanding GAME through one of America’s largest used-car dealers,” said Tim Harvie, TrackX’s President and CEO. “Our partnership with DENSO, an automotive parts supplier, leverages TrackX’s established experience in this important sector. DENSO’s RFID Handheld is a natural fit for GAME, and we believe that it will increase TrackX’s value proposition as we continue to penetrate the automotive market.”

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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