CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) -- Trakopolis IoT Corp. (TSX-V:TRAK) ("Trakopolis" or the "Company”) is pleased to announce the integration of BeWhere’s (TSX-V: BEW, OTCQB: BEWFF) LTE-M connected Mobile Internet of Things (M-IoT) devices into the Trakopolis platform.
“We have identified latent market needs for non-powered asset tracking,” says Brent Moore, CEO of Trakopolis. “The combined solution allows us to quickly offer a new tailored asset tracking solution to our customers, as well as gain new ones with a low-cost sophisticated, connected sensor and asset management offering.”
Toronto, Ontario based BeWhere designs and develops sophisticated, low-cost asset tracking and connected sensor solutions for the wide variety of emerging IoT uses cases. One way to help reduce the complexity of IoT for users is to reduce the number of screens they need to look at by integrating with something they’re already using.
“Trakopolis is a leading supplier of Internet of Things solutions for the Energy, Forestry, Mining and Transportation industries in North America,” says Owen Moore, CEO of BeWhere. “We are thrilled to have the opportunity to work with the team at Trakopolis to expand their offerings to include sophisticated, low cost, M-IoT asset tracking offerings to their existing and prospective clients.”
About Trakopolis
Trakopolis is a Software-as-a-Service (SaaS) company with proprietary, cloud-based solutions for real-time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and workers. The Company’s asset management platform works across a variety of networks and devices. Trakopolis has a diversified revenue stream from many verticals including oil and gas, forestry, transportation, construction, rentals, urban services, mining, government and others.
About BeWhere
BeWhere (TSXV: BEW, OTCQB: BEWFF) is a Mobile Internet of Things (“M-IOT”) solutions company that designs and sells hardware with sensors and software applications to track real-time information on non-powered fixed and movable assets, as well as monitor environmental conditions. The company develops mobile applications, middle-ware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. BeWhere’s solutions are cutting edge, using the latest available cellular technologies (LTE-M and NB-IoT) and offering customers low-cost sophisticated technology to implement a new level of visibility to their businesses.
For further information please contact:
Brent Moore, President and Chief Executive Officer
Trakopolis IoT Corp.
Telephone: (403) 450-7854
Email: bmoore@trakopolis.com
Margaux Berry, VP Strategy and Growth
BeWhere Inc.
Telephone: 1 (844) 229-4373 x 107
Email: mberry@bewhere.com
Forward-looking Statements
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the market need for BeWhere’s technology. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: activation of units by end users; commercial success of our products and services; general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; and those additional risks set out in the Company's public documents filed on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all.
Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Neither 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.
