ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TRAC T42 Iot Tracking Solutions Plc

3.75
-0.09 (-2.34%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
T42 Iot Tracking Solutions Plc LSE:TRAC London Ordinary Share JE00BKVDPL34 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -2.34% 3.75 3.50 4.00 4.00 3.75 4.00 391,808 08:18:55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computers & Software-whsl 4.04M -1.01M -0.0183 -2.05 2.06M

T42 IOT Tracking Solutions PLC t42 Secures Commercial Order with DHL (4154Z)

24/01/2022 1:57pm

UK Regulatory


T42 Iot Tracking Solutions (LSE:TRAC)
Historical Stock Chart


From Apr 2021 to Apr 2024

Click Here for more T42 Iot Tracking Solutions Charts.

TIDMTRAC

RNS Number : 4154Z

T42 IOT Tracking Solutions PLC

24 January 2022

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.

24 January 2022

t42 IoT Tracking Solutions plc

("t42" or the "Company")

t42 Secures Commercial Order with DHL

for its IoT Shipping Container Tracking Solutions

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 DHL, the global leader in logistics.

Following a successful pilot programme that ran over multiple global destinations, DHL has confirmed an initial commercial order for t42 Tracking Lock units (previously known as Lokies) for use in Singapore. The Company expects the initial order for 32 units to be followed by further orders by DHL.

The pilot programme was a competitive process, with the competing solutions of several other companies tested simultaneously. DHL chose t42 as its preferred provider, stating that its technology had a significant advantage over t42's competitors in terms of its capabilities, big data analysis and reports received from the system and service levels. Furthermore, t42 has received a formal certificate of excellence from DHL in recognition of the quality of its solution.

Avi Hartmann, CEO of t42, commented:

"This is our first commercial order with global logistics leader DHL. Following a competitive and successful pilot programme, this order represents a vote of confidence and validation of our tracking solution and our strategy shift to the global shipping container market.

"The order reflects the progress being made with key customers globally, in line with our growth strategy for 2022, and we look forward to updating the market about further orders in due course."

Contacts:

 
 t42 IoT Tracking Solutions PLC 
  Michael Rosenberg, Chairman                       07785 727595 
  Avi Hartmann, CEO                                  +972 5477 35663 
 Allenby Capital Limited (AIM Nominated Adviser 
  and Joint Broker) 
  Jeremy Porter/Piers Shimwell                     020 3328 5656 
 Peterhouse Capital Limited (Joint 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

MSCPPUWAGUPPGWC

(END) Dow Jones Newswires

January 24, 2022 08:57 ET (13:57 GMT)

1 Year T42 Iot Tracking Solutions Chart

1 Year T42 Iot Tracking Solutions Chart

1 Month T42 Iot Tracking Solutions Chart

1 Month T42 Iot Tracking Solutions Chart

Your Recent History

Delayed Upgrade Clock