CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) -- Trakopolis IoT Corp. (TSXV: TRAK) ("Trakopolis" or the "Company”) is pleased to announce the initial launch of a revolutionary solution that incorporates Asset Tracking, Load Sharing and Electronic Logging Devices (ELD) called the Transportation Trifecta.
The Transportation Trifecta is a tangible example of collaboration and digital transformation that combines safety, compliance, administration, asset optimization, load sharing and customer service.
Trakopolis has developed an integrated solution connecting the Trakopolis platform to the load-sharing website Moveitonline, Mullen Group Ltd.'s ("Mullen Group") proprietary load sharing platform, developed by Trakopolis, and ELD Technology for compliance and driver communication.
With the Transportation Trifecta, users have a consolidated platform from which to access their data and comply with hours of service reporting requirements, identify drivers and their behaviours, find location optimized loads and manage assets with advanced analytics.
Richard Maloney, Senior Vice President of Mullen Group Ltd. said, “Moveitonline has been very important to the development of Mullen Group’s logistics business and the Transportation Trifecta should enhance the capabilities of our 300 certified carriers.”
“Bringing mobile connectivity into Moveitonline marks an important milestone for Trakopolis and underscores our long-held strategy to deliver far reaching functionality by bringing complimentary technologies together,” stated Trakopolis CEO, Brent Moore.
Moveitonline has approximately 300 certified carriers which represents over 21,000 trucks and 40,000 trailers. Carriers focusing on digital transformation can now purchase this integrated solution that manages a considerable number of business functions. Click here to read the brochure:
https://www.trakopoliscorp.com/wp-content/uploads/2016/08/Trakopolis_TransportationTrifecta.pdf
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.
For further information please contact:
Brent Moore, President and Chief Executive Officer
Trakopolis IoT Corp.
Telephone: (403) 450-7854
Email: bmoore@trakopolis.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 market opportunity for the Transportation Trifecta. 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: adoption of the Transportation Trifecta by end users; commercial success of our products and services generally; 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.