BeWhere Holdings Inc. and ArionTech Partners to Launch M-IoT in Canada
TORONTO – November 12, 2018 –BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) an Industrial Internet of Things (IIoT) asset tracking solutions provider, is pleased to announced the official launch of its Mobile-IoT (“M-IoT”) solution on Bell’s LTE-M network with ArionTech, a leader in GPS Tracking and telematics solutions.
With over 50,000 live activations and a customer base of more than 2,500 clients, ArionTech provides industry leading hardware and software solutions for vehicle and asset tracking, fleet management, compliance, data analysis, safety reporting and remote security monitoring. Designed, developed and manufactured in Canada, ArionTech is serving its clients with a 10-year track record in the industry.
ArionTech has placed an initial order of 2,000 BeSol M-IoT sensors following initial testing of these new devices through a number of pilots in Canada. Additional orders expected in December 2018 and throughout FY2019.
“This partnership with ArionTech takes place shortly after the launch of the LTE-M network in Canada by Bell; and is the second one we announced in a few days. This shows that the demand for our low-cost sophisticated solution in the fleet management industry is already getting a lot of traction” says Owen Moore, CEO of BeWhere. “We expect a growing demand as the product starts being marketed by our various partners, which will help us grow and become a game-changer for the asset tracking industry.”
“We have been looking for a cost-effective and a reliable trailer tracking solution for a number of years, but all existing technologies were cost prohibitive,” says Raman Dhindsa VP, ArionTech. “We discovered BeWhere through our relationship with Bell; and since the initial successful pilots, we were awaiting the official launch of the LTE-M network to be able to roll-out BeWhere’s M-IoT solution to our clients. We are very pleased that this day has come and look forward to implementing this asset tracking solution widely as an ideal add-on to our fleet management services.”
BeWhere (TSXV: BEW, OTCQB: BEWFF) is an Industrial Internet of Things (“IIOT”) solutions company that designs and sells hardware with sensors and software applications to track real-time information on non-powered fixed and movable assets, as well as monitor environmental conditions. The company develops mobile applications, middle-ware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. BeWhere’ solutions are cutting edge, using the latest available cellular technologies (LTE-M and NB-IoT) and offering customers low-cost sophisticated technology to implement a new level of visibility to their businesses.
BeWhere sells its products through a worldwide network of distribution and technology companies. BeWhere has secured distribution agreements and technology partnerships with a large roster of companies including major telecommunications providers, leading vehicle telematics providers and logistic and supply chain management solution providers.
For more than 10 years, ArionTech has helped businesses across North America to improve the fleet efficiency, fleet monitoring, safety and business intelligence. ArionTech is a dynamic leader in GPS fleet management products and services. Our outstanding skills strengthened our commitment in delivering the best fleet management platform in the market.
Trucking knowledge topped with modern technology has given ArionTech a better edge than the existing related products in the market. Our vision “Driving beyond imagination” defines our strength of developing highly efficient products at affordable price.
Not only trucking industry, ArionTech have established the name in Medical and Cannabis industry by developing managements systems.
Cautionary Statements Regarding Forward Looking Information
Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”.
We caution you that such “forward-looking statements” involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements. Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
BeWhere Holdings Inc. (the “Company”) does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company’s historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.
BeWhere Inc. Margaux Berry, VP Strategy and Growth
1-844-229-4373 x 107
NEITHER THE 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.