RCS - T42 IOT Tracking Sol - Further Order of Tetis Units

t42 IoT Tracking SolutionsAnnouncement

04/07/2023 07:00

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RNS Number : 8288E  T42 IOT Tracking Solutions PLC  04 July 2023

Reach

 

4 July 2023

 

t42 IoT Tracking Solutions plc

("t42" or the "Company")

 

T42 receives further order of Tetis units

t42 IoT Tracking Solutions plc (AIM: TRAC) ("t42" or the "Company"), the
provider of global shipping containers tracking solutions, is pleased to
announce that it has received a $0.24m order of Tetis units, from an
international company providing supply chain visibility and cargo monitoring
as a complete service.

 

t42 has established a successful  business collaboration with the client over
the past few years, resulting in this initial order, for delivery during Q3
2023. t42's ability to meet the client's needs and provide value solutions
demonstrates the Company's expertise.

 

Avi Hartmann, CEO of t42, commented: "We look forward to forging a strong
business relationship with our client and to becoming a trusted business
partner. This order follows in the footsteps of an increase in orders
generally in the past couple of months and reinforces our commitment to making
significant contributions to the global shipping container markets. We are
confident that the selection of our solution by numerous prominent global
players in the shipping container industry is a validation of its fit as a
vital component of their growth strategies."

 

Contacts:

 

 t42 IoT Tracking Solutions PLC

 Michael Rosenberg, Chairman                                      07785 727595

 Avi Hartmann, CEO                                                +972 5477 35663

 Strand Hanson Limited (Nominated Adviser and Financial Adviser)  020 7409 3494

 James Harris / Richard Johnson / Robert Collins

 Peterhouse Capital Limited                                       020 7469 0930

 Lucy Williams / Charles Goodfellow / Eran Zucker

 

 

Notes to Editors

 

t42 IoT Tracking Solutions plc (AIM: TRAC), formerly Starcom Systems plc,
provides real-time tracking, analysis, monitoring, and security IoT solutions
for the global container and freight market and covers 55 countries, over 100
distributors, and 50 logistics and support partners.

 

t42's multi-sensor IoT tracking devices use a wide range of detection
capabilities with cloud-based analytics and alerts, with real-time data
transmission, analysis, and actionable insights. Its devices are used by
ports, cargo owners, shipping companies, freight forwarders, insurance
companies, customs authorities, homeland security, and police for end-to-end
global container tracking and digital transformation of shipments.

 

For more information on the Company, please visit: www.t42.co.uk/
(http://www.t42.co.uk/) .

 

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