Category: Asset Tracking

BeWhere Holdings Inc. Receives Strong Demand and Interest in New M-IOT Solutions

TORONTO, ON. August 21, 2018 – (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) is an Industrial Internet of Things (“IIOT”) solutions company that designs and sells hardware with sensors and software applications to track real-time information and environmental conditions on fixed or movable assets.

BeWhere is pleased to announce the company has signed an agreement for 10,000 Mobile IoT units with an established fleet services provider, with 3,000 units due for immediate delivery. The order covers BeSol and BeTen products and will be used for monitoring non-powered mobile assets such as containers, trailers, cargo and equipment. Additional details are expected to be announced in the coming months.

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BeWhere Update: Assured Telematics Announces Three New Developments

 

Milton, MA. June 30, 2018. With Assured Telematics, you can be sure of innovations that make use of the latest technological trends to help make telematics and fleet management easier.

A known leader in the telematics services space, Assured Telematics has a series of good news to share!

Assured Telematics, along with one of their most trusted and proven hardware partners, BeWhere, has just received certification by Verizon for the LTE Cat M1 network. Verizon launched the network only in May 2017, providing a fast, secure, and wide coverage for Internet of Things (IoT) devices. BeWhere is among the first asset trackers to obtain such certification, and be part of Verizon’s first commercial LTE Cat M1 network.

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BeWhere Announces Changes to the Board of Directors

Toronto, Ontario – April 20th, 2018 – BeWhere Holdings Inc. (TSXV-BEW) (the “Corporation”) announces the appointment of Joanne De Laurentiis to BeWhere’s board of directors. Retired in 2016 as President and CEO of the Investment Funds Institute (IFIC), Joanne De Laurentiis was also CEO of Credit Union Central of Canada, Mondex Canada and Interac. Before moving into executive leadership roles, she served as Vice-President, Public Affairs for the Canadian Bankers Association and was chief of staff to a Minister in the Ontario Government. She has served on many business and not-for-profit boards including IFIC, Interac, Mondex, Cumis Insurance, Credential Financial, AgriFinance, Ethical Funds, Concentra Financial, the Ontario Lottery & and Gaming Corporation, the Toronto Board of Trade and St. Stephen’s Community House.

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BeWhere and NuRAN (Nutaq) Join Forces to Present an IoT Demo at Mobile World Congress 2018

 

 

Toronto, ON, Canada, February 14th, 2018 – BeWhere Holdings Inc. (TSX-V: BEW, OTCQB: BEWFF) and Nutaq Innovations, a wholly owned subsidiary of NuRAN Wireless Inc. (CSE: NUR) (OTC: NRRWF), are pleased to announce a joint demonstration leveraging the Nutaq LTE-M standalone network to enable BeWhere’s LTE-M devices to be showcased at Mobile World Congress 2018 beginning on February 26th.

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BeWhere Holdings Inc. Announces PTCRB Certification and The Commercial Launch in North America of the First of its Kind Mobile IoT Devices for Asset Tracking and Environmental Sensing using LTE-M

Toronto, ON, December 19, 2017 – BeWhere Holdings Inc. (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) today announces it has received PTCRB industry certification for its Mobile IoT beacons, paving the way for the commercial launch of these cellular devices in North America.  BeWhere’s M-IoT beacons are small rugged devices, either solar or battery powered, that attach to non-powered mobile or fixed assets. The devices then transfer location and sensor data through Low Power Wide Area (“LPWA”) cellular networks to BeWhere’s secure cloud platform. BeWhere’s state-of-the-art sensors gather and deliver the environmental and situational information that gives visibility into the near real-time status of assets/equipment. Protected by industrially-hardened packaging, they measure location, light, battery, temperature, impact, barometric pressure and humidity from both the environment and the asset itself.  BeWhere’s innovative and flexible design allows sensors to be customized to fit customers’ specific needs such as flood detection.  BeWhere M-IoT beacons are the first of their kind cellular devices using LTE-M in North America and will be offered at a cost point never seen before, opening a large untapped market.

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BeWhere Holdings Inc. Reports 3rd Quarter Financial Results Hit Record Revenue Level – 804% Year-over-Year Nine Month Growth

 Highlights

  • Revenues increased by over 804% year over year, and 75% quarter over quarter – Revenues for the three months ended September 30, 2017 were $707 thousand compared to $42 thousand for the three months ended September 30, 2016: an increase of $665 thousand (1,583%). For the nine months ended September 30, 2017, revenues were $1,244 thousand compared to $138 thousand for the nine months ended September 30, 2016: an increase of $1,106 thousand (804%).
  • Gross Profit continues to trend higher – Gross profits for the three months ended September 30, 2017 were $218 thousand compared to $22 thousand for the three months ended September 30, 2016: an increase of $196 thousand (891%), as the Company scaled its shipments as part of previously announced customer wins.
  • Working Capital remains healthy and cash level increases – The Company increased its cash balance by $163 thousand in the third quarter, and had a working capital balance of approximately $1.35 million at quarter end.
  • On September 11, 2017 BeWhere’s Chief Executive Officer Owen Moore presented at the 5th GSMA Global Mobile IoT Summit in San Francisco.
  • On October 11, 2017 the Company announced that it had raised a total of $2,149,500 from the successful completion of its private placement financing, whereby the Company issued 7,165,000 common shares.
  • On October 13, 2017 BeWhere announced the implementation and rollout of an advanced mobile safety solution, providing enhanced security for Brinks Canada Operations.
  • On November 9, 2017 BeWhere, BELL, and Huawei, together with The Premier of Ontario Kathleen Wynne, announced the successful completion of the first Low-Powered Wide Area (“LPWA”) cellular case study at Henry Pelham Winery in Pelham, Ontario show casing BeWhere’s disruptive technology for environmental monitoring.

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