BeWhere and Tenna LLC Partner on Initial 10,000 Unit orderGreat news. Do they not have roughly 50,000 units in the field and so this is a 20% increase?
https://web.tmxmoney.com/article.php?newsid=8394176798474498&qm_symbol=%20BEW Toronto, Ontario--(Newsfile Corp. - October 29, 2019) - BeWhere (TSXV: BEW) (OTCQB: BEWFF) ("BeWhere" or the "Company"), a leading provider of Mobile Internet of Things (M-IoT) technology, and Tenna, a leading solution provider of construction technology, are pleased to announce a partnership to offer low cost, sophisticated tracking devices and solutions for the construction industry.
Tenna's One Platform solution is an advanced construction technology platform that can track, process, automate and inform contractors on how to manage their entire mixed fleet of heavy yellow iron, mid-sized equipment, vehicles, and small tools.
Tenna's One Platform combined with the "TennaMINI" GPS trackers (BeWhere's M-IoT devices) will generate meaningful data to improve their equipment fleet operations processes resulting in reduced operating costs and significant time saving. The TennaMINI is small, flexible, durable, easy-to-install and its long-lasting battery-life provides reliable equipment tracking and management. It is designed to work in harsh external environments to meet the needs of the construction industry.
"Tenna is a major player in the construction industry and we are very proud to be partners" says Owen Moore, CEO of BeWhere. "The M-IoT integration into Tenna's platform offers a seamless and simple solution, which is what Mobile IoT is about".
The partnership with Tenna includes an initial sales agreement of 10,000 units, white-labeled devices/packaging and on-going collaborative development to meet the specific needs of the construction industry.
"BeWhere has been an absolute pleasure to work with as a partner. We view them as an industry leader in IoT through their technical competence, speed, and creativity. We look forward to continuing to work and innovate together with BeWhere for the construction industry," said Austin Conti, CEO and Co-founder of Tenna.