REG - T42 IOT Tracking Sol - Update re shipping container tracking

t42 IoT Tracking SolutionsAnnouncement

16/10/2025 07:00

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RNS Number : 5465D  T42 IOT Tracking Solutions PLC  16 October 2025

 

16 October 2025

t42 IoT Tracking Solutions plc
("t42" or the "Company")

Update re shipping container tracking

t42 IoT Tracking Solutions plc (AIM: TRAC), a leading provider of global
shipping container tracking solutions, is pleased to provide an update on its
shipping container tracking technology.

The Company has been exploring the future development of its offerings, and
 the opportunities for potential partners that would be interested in working
with the t42 team, utilising the Company's new product and technology
solutions to enable the tracking of global shipping containers, in addition
to the Group's existing operations.

t42 are targeting discussions with parties engaged in the freight and
logistics industries who would be able to enhance and improve these industries
utilising the Company's technology. To progress this strategy, the Company has
appointed advisers to seek potential investors interested in providing funding
to participate in these plans.

This strategy is expected to involve a structure with investors, partners and
funding at a project level separate to the Group, which would be non-dilutive
to shareholders and without impact on the Company's present working capital,
with a view to ensuring a separate team is tasked for this project.

The Board believes this strategy has the potential to incorporate its products
and technology across the global shipping container sector, although there can
be no certainty that funding will be secured, the structure of any transaction
or that definitive agreements entered into.

The Company will update shareholders in due course as the project progresses
and when further details are available.

The information contained within this announcement is deemed by the Company to
constitute inside information pursuant to article 7 of EU Regulation 596/2014
as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 as amended.

Contacts:

 t42 IoT Tracking Solutions PLC

 Michael Rosenberg, Chairman                                       07785 727595

 Avi Hartmann, CEO                                                 +972 544735663
 Strand Hanson Limited (Nominated Adviser and Financial Adviser)   020 7409 3494

 James Harris/ Richard Johnson/ Imogen Ellis
 Peterhouse Capital Limited (Broker)                               020 7469 0930

 Lucy Williams/ Duncan Vasey/ 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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