REG - T42 IOT Tracking Sol - Statement re actions on Israel

t42 IoT Tracking SolutionsAnnouncement

09/10/2023 13:45

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RNS Number : 4488P  T42 IOT Tracking Solutions PLC  09 October 2023

9 October 2023

 

t42 IoT Tracking Solutions plc

("t42" or the "Company")

 

Statement re actions on Israel

The Board of T42 notes the recent actions in Israel and provides the following
statement:

 

The majority of the Group's products are both sourced and manufactured
overseas outside of Israel and the Company is thus far, from a business
perspective, unaffected by horrific events of recent days in Israel. Our team
in Israel remains safe and unharmed and is operating as usual, though our
thoughts and prayers are with all our friends and colleagues who have lost
dear friends and relatives. The Group continues to operate effectively and
remains on course to implement its strategy.

 

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/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/.

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