TORONTO and OTTAWA, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Internet of Things Inc. (TSX
VENTURE: ITT; OTC: INOTF; FRANKFURT: 7IT) (“IoT Inc.” or the “Company”) invests in
data-driven industrial IoT companies that deliver significant benefit to the verticals they serve. The Company is pleased to
announce that its wholly-owned subsidiary, Weather Telematics Inc. (“WTX”), has introduced Predictiv RC,
the industry-leading advanced micro-scale road conditions platform for safer mobility. Predictiv RC provides unsurpassed
accuracy in assessing and managing risks associated with driving in poor road weather conditions. This is a critical solution
necessary for the burgeoning autonomous and electric vehicle markets.
Predictiv RC is WTX’s updated global platform that delivers “micro-scale" mapping resolution, ranging
from 500 meters to below 200 meters. This unique feature enables Weather Telematics to improve the safety of current connected and
electric vehicles while providing the essential data needed to operate autonomous vehicles in all weather conditions.
The platform’s APIs provide historical, current and predictive road weather conditions (dry, wet, snowy, icy)
and road weather hazards, including hydroplaning, wind, visibility, hail and lightning. Predictiv RC enables vehicles to
navigate safely in dangerous road conditions, predicting conditions 6-hours in advance on any route, with more than 90%
accuracy.
For autonomous vehicle OEMs and automotive Tier 1 suppliers, WTX’s Predictiv RC platform assists
vehicles’ management of adverse road conditions for safer driving, while predicting road weather conditions ahead of the vehicle to
ensure safer route selection.
For electric vehicle manufacturers, Predictiv RC provides essential data needed to accurately assess
the battery life, especially in extreme cold and hot weather conditions.
“Our team has exceeded all expectations and we are very excited about the launch of the new micro-scale
Predictiv Road Conditions platform,” said Bob Moran, CEO of Weather Telematics. “Predictiv RC provides a new
level of predictive road weather conditions capability and position WTX for its next stage of market penetration and growth.”
About Weather Telematics Inc.
Weather Telematics Inc. is an IoT data science company offering road safety data products for industrial, government
and consumer markets. Weather Telematics uses a proprietary vehicle-mounted mobile IoT sensor network and AI machine learning
system to generate historical, real-time and predictive road weather conditions, for road hazard risk alerts and dynamic routing
applications. Their industry-leading Predictiv RC platform mitigates weather risk, reduces traffic congestion and makes
connected and autonomous navigation safer in all types of road conditions.
To learn more, visit: www.weathertelematics.com
Follow Weather Telematics on: Twitter: https://twitter.com/weathertx
About Internet of Things Inc.
Internet of Things Inc. invests in data driven industrial IoT companies that deliver significant benefit to the verticals they
serve. The Company owns Weather Telematics Inc., has a joint venture channel partnership with New Hope Data Technology Co. Ltd.,
and is headquartered in Toronto, Canada.
Follow Internet of Things Inc. on:
Facebook: https://www.facebook.com/InternetofThingsInc/
Twitter: https://twitter.com/iotintl
LinkedIn: https://www.linkedin.com/company/internet-of-things-inc-
For further information, contact:
Internet of Things Inc.
Ron Shuttleworth, Chief Executive Officer
Mobile: (647) 500-7371
Email: Rshuttleworth@iotintl.com
To learn
more, visit: www.iotintl.com
Weather Telematics Inc.
Michael Keefe, Chief Strategy Officer
Mobile: (416) 580-6559
Email: mkeefe@weathertelematics.com
To learn more, visit: www.weathertelematics.com
Cautionary and Forward-Looking Statements
Statements contained in this news release, which are not historical facts, are forward-looking statements that
involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied
by such forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such statements. All forward-looking statements included in this
news release are based on information available to the Company on the date hereof. Forward-looking statements are subject to known
and unknown risks, uncertainties and other factors that could cause actual results of the Company to differ materially from the
conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include,
but are not limited to factors referenced in the Company’s other continuous disclosure filings, which are available
at sedar.com. Readers should not place undue reliance on these forward-looking statements.
The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities
laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES
OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE