T42 IOT Tracking Solutions PLC t42 signs agreement with Olimp Bulgaria (6806L)
17 Maio 2022 - 11:03AM
UK Regulatory
TIDMTRAC
RNS Number : 6806L
T42 IOT Tracking Solutions PLC
17 May 2022
17 May 2022
t42 IoT Tracking Solutions plc
("t42" or the "Company")
Signs Agreement to Deliver IoT Shipping Container Tracking
Solutions to Olimp Bulgaria
t42 IoT Tracking Solutions plc (AIM: TRAC) ("t42" or the
"Company"), the real-time tracking, security and monitoring
solutions provider for the global container and freight market, is
pleased to announce a commercial order for its tracking solutions
and services from Olimp Bulgaria Ltd. ("Olimp"), a world leader and
exporter of security seals.
Following the completion of an extensive pilot programme that
ran for over a year and a half and included working with Bulgaria's
national customs authority, t42 has delivered the first order for
c.250 Lokies Smart Tracking Lock units to be used by Bulgaria's
customs authorities.
The pilot programme followed a competitive tender and included a
comparison of multiple competitor units each of which was activated
and integrated with Bulgarian customs systems and operating
procedures.
Avi Hartmann, CEO of t42, commented: "This order shows how t42
is expanding in new geographies, sectors and markets. It
demonstrates that our products compare favourably when tested
against competitors. It has also shown our ability to work
effectively with customs authorities and deliver benefits to our
customers very quickly after adoption. We are proud to be able to
give both our customers and customs authorities increased
confidence they are in full compliance with regulatory
obligations.
"We are hopeful this order will be followed by more in a
long-term, mutually beneficial relationship with Olimp Bulgaria and
we look forward to updating the market on this in due course."
Contacts:
t42 IoT Tracking Solutions PLC
Michael Rosenberg, Chairman 07785 727595
Avi Hartmann, CEO +972 5477 35663
Strand Hanson Limited ( Nominated and Financial
Adviser) +44 (0) 20 7409
James Harris / James Dance / Robert Collins 3494
Peterhouse Capital Limited (Broker)
Lucy Williams/Charles Goodfellow/Eran Zucker 020 7469 0930
Yellow Jersey PR (Financial PR) 020 3004 9512
Tom Randell/Henry Wilkinson/Annabelle Wills t42@yellowjerseypr.com
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 and
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/.
Information required pursuant to rule 26 of the AIM Rules for
Companies can be found at www.starcomsystems.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
AGREAKSKFDDAEFA
(END) Dow Jones Newswires
May 17, 2022 10:03 ET (14:03 GMT)
t42 IoT Tracking Solutions (AQSE:TRAC.GB)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
t42 IoT Tracking Solutions (AQSE:TRAC.GB)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024