Category: BeWhere in the News

BeWhere Holdings Inc. Reports Fourth Quarter and Fiscal Year-end Financial Results and Provides Business Update

Toronto, Ontario (FSCwire) – (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company” an Industrial Internet of Things (“IIOT”) solutions company that designs and sells hardware with sensors and software applications to track real-time information on movable assets.  The company develops mobile applications, middle-ware and cloud based solutions that stand-alone or that can be readily integrated with existing software, announces its financial results for the three and twelve months ended December 31, 2017.

Highlights

  • Revenues increased by over 748% year over year, and 504% quarter over quarter – Revenues for the three months ended December 31, 2017 were $443 thousand compared to $88 thousand for the three months ended December 31, 2016: an increase of $355 thousand (504%). For the twelve months ended December 31, 2017, revenues were $1,686 thousand compared to $225 thousand for the twelve months ended December 31, 2016: an increase of $1,461 thousand (748%).
  • Gross Profit continues to trend higher – Gross profits for the twelve months ended December 31, 2017 was $332 thousand compared to $57 thousand for the twelve months ended December 31, 2016: an increase of 580%. Gross profits increased primarily as a result of increased product and solution deliveries in the quarter and the positive effect of scaling the Company’s shipments as part of previously announced customer wins.
  • Working Capital remains healthy – At December 31, 2017, the Company had a working capital balance improved and amounted to $3,640 thousand, including cash of $3,205 thousand. This compares favorably with the working capital balance of $1,765 thousand, including cash of $1,824 thousand at December 31, 2016.
  • On November 9, 2017 BeWhere, Bell Canada 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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BeWhere Holdings Inc. Announces Appointment of Permanent Chief Financial Officer and Secretary and Provides Update on Mobile World Congress 2018

Toronto, Ontario (FSCwire) – BeWhere Holdings Inc. (TSXV-BEW) (“BeWhere” or the “company”) announces that Mr. Rajiv Khanna has been appointed as the company’s permanent Chief Financial Officer and Secretary superseding Mr. Mark Kohler who graciously held the office on an Interim basis as the company secured a full-time permanent candidate.

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BeWhere Holdings Inc. to Present at the 10th Annual LD Micro Main Event

LOS ANGELES, CA / ACCESSWIRE / November 27, 2017 / BeWhere Holdings Inc. (TSX-V: BEW, OTCQB: BEWFF), a leading Industrial Internet of Things (“IIoT”) company, announced today that it will be presenting at the 10th annual LD Micro Main Event on Tuesday, December 5th at 4:30 PM PST / 7:30PM EST at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. The Company’s Executive Vice President and Corporate Director, Mark W. Kohler, will be presenting, as well as meeting with investors.

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Kathleen Wynn Video Interview: This morning I was at Henry of Pelham in St. Catharines to see an innovative piece of technology.

This morning I was at Henry of Pelham in St. Catharines to see an innovative piece of technology. It seems a bit surprising that a winery would be the place to look for innovative tech, but ‎the small environmental monitoring device they're using will give the winery a big boost in production.The project is the impressive result of a collaboration between Henry of Pelham, BeWhere, Huawei, and Bell‎, and it's international partnerships like this that are the reason I go on trade missions. They create innovative opportunities here in Ontario. I'll be travelling to China and Vietnam later this month with over 100 delegates, and I can't wait to see the opportunities and partnerships that grow out of this mission. ‎

Posted by Kathleen Wynne on Thursday, November 9, 2017

Internet of Things Seeks Ultimate Vintage in a Canadian Winery

  • Henry of Pelham testing BCE, Huawei, BeWhere technology
  • ‘We cannot control nature, so we have to work with nature’

A brisk wind sweeps through the Henry of Pelham winery in Niagara, Ontario, as a farmer inspects sensors on Cabernet Sauvignon vines in preparation for ice-wine season.

The sensors are part of a pilot project by BCE Inc.’s Bell Canada, Chinese telecommunications giant Huawei Technologies Co. and Toronto-based software company BeWhere Inc. in search of the ultimate vintage in one of Canada’s main wine-growing regions.

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Smart Tech Winery Pilot Highlights Ontario-Chinese Business Partnership

Environmental Monitoring Technology Will Help Boost Production at Ontario Winery

Office of the Premier

Premier Kathleen Wynne was at Henry of Pelham Family Estate Winery today in Pelham in Niagara Region, as Bell announced a new partnership with Ontario-based BeWhere, an Internet of Things (IoT) solutions company, and China-based tech company Huawei, the world’s largest telecommunications equipment maker.

Together, the companies have developed an environmental monitoring solution to help improve the health and quality of plants at the vineyard. The product will use sensors connected to Bell’s LTE-M wireless network to remotely monitor temperature and water levels, automatically adjusting as weather conditions change. The innovative IoT solution will help lower costs, keep more vines alive longer and promote greater sustainability.

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Bell, Huawei and BeWhere bring new Internet of Things solution to Ontario winery

Pilot project with Henry of Pelham Family Estate Winery an important step forward in developing IoT smart technology solutions for agriculture

PELHAM, ON, November 9, 2017 – Bell today announced it has partnered with BeWhere Technologies and Huawei to implement an automated Internet of Things (IoT) solution for the Henry of Pelham vineyard to help improve planning and sustainability programs. The announcement took place this morning with the three partners, alongside Ontario Premier Kathleen Wynne, who highlighted the partnership ahead of her trade mission to China.

“Ontario’s technology sector is leading the way when it comes to developing solutions that can promote sustainability, grow our economy and create opportunities for our people,” said Kathleen Wynne, Premier of Ontario. “This new IoT pilot shows the innovation that can be achieved when internationally recognized companies like Huawei partner with world-class Ontario businesses like Bell Mobility, BeWhere and Henry of Pelham and leverage the incredible talent of our province’s highly skilled workers.”

By using wireless environmental sensors connected to Bell’s LTE-M wireless network, the winery will be able to remotely monitor temperature and water levels, prevent vine disease, and ultimately improve the health of its plants, lowering operating costs and providing for years of maintenance-free data gathering.

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Bell, Huawei et BeWhere mettent au point une nouvelle solution IdO pour un vignoble ontarien

Un projet pilote mené avec le vignoble Pelham Family Estate Winery représente un important pas en avant dans le développement de solutions de technologies intelligentes IdO pour le secteur agricole.

PELHAM (Ontario), le 9 novembre 2017 – Bell a annoncé aujourd’hui la conclusion d’un partenariat avec BeWhere Technologies et Huawei  pour mettre en œuvre des solutions automatisées utilisant l’Internet des objets (IdO) dans le vignoble Henry of Pelham, et aider ainsi cette exploitation viticole à améliorer sa planification et ses programmes de durabilité. L’annonce a été faite ce matin par les trois partenaires accompagnés de la première ministre de l’Ontario, Kathleen Wynne, qui a mis en avant cette collaboration dans la perspective de sa prochaine mission commerciale en Chine.

« Le secteur technologique de l’Ontario fait figure de chef de file dans le domaine de la conception de solutions qui favorisent le développement durable, contribuent à la croissance de notre économie et ouvrent des possibilités à nos concitoyens, a rappelé la première ministre. Ce nouveau projet pilote d’IdO témoigne des niveaux d’innovation qu’il est possible d’atteindre lorsque des entreprises de renommée internationale comme Huawei s’associent à des sociétés ontariennes de calibre mondial comme Bell Mobilité, BeWhere et Henry of Pelham et profitent du talent exceptionnel des travailleurs hautement qualifiés de notre province. » Continue reading

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