Post by
ranman on Jul 30, 2024 5:06pm
Sales Activity
Sales Activity
The Company’s sales backlog continues to remain strong, and the Company is actively working on several sales
contracts and competitive bids. The Company’s PaaS platform sales initiative is increasing revenues on a per bus/train
basis since PaaS offers a larger suite of products and services that are of importance to the customer. The increasing
industry need for live video monitoring over wireless networks is helping create a paradigm shift relating to how
customers access evidence recorded by the Company’s Mobile Data Collectors. The combination of new wireless trends
and fleet upgrades to new electric buses strengthens the Company’s market positioning to take advantage of future
growth in a burgeoning mobile video space. The Company has witnessed significant growth in both the school and transit
markets and is forging relationships with OEM’s which allow the Company to integrate its PaaS platform as a factory
install on new buses and trains. The Company has engaged in discussions with four of the six largest international train
manufacturers and has established relationships with several OEMs in the transit industry.