Media and News

BeWhere Now Network Optimized and FirstNet Trusted Certification on Its Next Generation Trackers

TORONTO, ON. May 16, 2024 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a MobileInternet of Things (M-IoT) company is pleased to announce that the company’s recently launched devices have received Network Optimized (NO) and FirstNet Trusted certification from AT&T. AT&T, the world’s largest telecommunications company, has granted BeWhere Technical Acceptance (TA) for the BeSol+, BeWired+, BeTen+, and BeMini products.

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BeWhere Holdings Inc Reports First Quarter 2024 Results 

TORONTO, ON. May 15, 2024 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three months ended March 31, 2024.

Owen Moore, CEO and Co-Founder stated, “The company continued to perform well with Q1 2024, representing our 13th consecutive quarter of positive net income”. He further noted “high margin recurring revenue was a quarterly record, totaling $1.5 million and represents 28% year over year growth”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,343,332”. He further noted “The Company continued to improve on all its key metrics, while controlling its operating expenses and investing in research and development on its next generation M-IoT devices”.

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BeWhere Holdings Inc Reports 2023 Fiscal Year-end Results

TORONTO, ON. April 18, 2024 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for twelve months ended December 31, 2023.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with Total revenue improving by 41% in Q4 while generating EBITDA margin of 12%”. He further addedFor the fiscal year 2023, Total revenue improved by 20% and Recurring revenue grew 31%, resulting in record income before taxes of $828,902”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever annual Gross profit of $4,633,361, which improved by 31% in fiscal 2023”. He further noted “The Company continued to invest in research and development, while controlling its operating expenses”.

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Bell – BeWhere Case Study: Delivering full visibility for Musket Transport

Source: https://business.bell.ca/shop/medium-large/resource/delivering-full-visibility-musket-transport#scrollable-content-2

Two trucks leveraging Bell’s automated fleet telematics solutions.

“If we can’t see one of our drivers and where the equipment is at all times, that’s a big safety concern. With Bell, we always know where our equipment and our people are.”

Jaime Rosa, Director of Operations and General Manager, Musket Transport

Read more: Bell – BeWhere Case Study: Delivering full visibility for Musket Transport

Precise tracking of trucks and trailers is critical to the effectiveness of Musket Transport’s operations, the security of their cargo, and the safety of the drivers. Before switching to Bell, Musket’s previous fleet tracking solution could run only on 3G. So, as networks were upgraded, there was an increasing number of dead zones where trucks couldn’t be tracked, making it harder for Musket to make key decisions in real time.

When they started losing the ability to track trucks as they drove into the United States, Director of Operations and General Manager Jaime Rosa knew the company needed a new vehicle-tracking solution. Musket had already established a great working relationship with Bell for its phone and internet services, as well as in-cab monitoring of its drivers. So Bell’s fleet management solution was an obvious choice with a trusted partner.

No running on empty

Reducing “empty miles” – the distance between a drop-off and the next pick-up – is one of the best ways for a trucking company to cut fuel costs and improve efficiency.

“Most trucking companies average an empty-mile percentage of 6-8%,” says Rosa. “I think of that as just throwing 7% of your fuel out the window. With the Bell solutions on board, it helps us to move towards reducing and improving the overall empty miles from approximately 7% to our ultimate goal of between 3-5% empty miles”

By making it easier to coordinate pick-ups as close as possible to drop-offs, vehicle tracking is critical to reducing those empty miles – especially for long-haul trips outside Ontario. Even when empty miles are unavoidable, precise tracking allows Rosa’s team to remotely reroute newly empty trucks to accommodate last-minute requests – which is much more efficient than dispatching a vehicle from their depot, and which opens new opportunities for revenue. Tracking also helps keep deliveries on schedule and ensure the safety of drivers.

Better planning, fewer delays, happier drivers

Simplify driver and vehicle monitoring with Bell’s automated fleet telematics solutions.

Thanks to Bell’s fleet management solution, Musket is getting closer to achieving their ambitious empty-mile target, which is having a significant impact on their bottom line. Knowing where each trailer is also allows dispatchers to inform drivers of any road conditions so that they can plan or reroute as necessary. Advance warning of potential delays, like long wait times at the border, gives drivers the opportunity to get the paperwork started ahead of time to streamline the crossing. This also manages customer expectations, resulting in an overall positive experience.

“Reducing the amount of needless driving back and forth is also huge for us,” says Rosa. “Our drivers are less frustrated when they don’t have to make their way through dense Toronto-area traffic for no reason; the customers get more responsive service and faster deliveries; and we spend less on fuel and maintenance.”

Keeping customers happy

With precise, up-to-the-minute tracking, Musket can keep customers fully in the loop so that they know where their deliveries are and when they can expect them. In case of delay, the company can notify customers immediately so that they can plan accordingly.

For local business within the Greater Toronto Area, knowing where each truck is at all times helps Musket adjust for same-day requests with optimized routes that get loads delivered faster. It also reduces losses related to misplaced assets and helps improve overall utilization.

The solution effectively completes Musket’s suite of monitoring and tracking solutions. The in-cab monitoring solution provides alerts of anomalous behaviour, such as a driver’s attention being diverted from the road for too long. The asset tracking solution ensures that they know where every cab, trailer, chassis, and other piece of equipment is at all times, improving inventory management and delivering cost savings that Musket can pass on to its customers.

Combined, these solutions offer a complete view of each driver’s location, how long they’ve been on the road, and other key indicators that the company can use to run their operations more safely and efficiently.

Staged deployment for a smooth rollout

Musket started with a pilot deployment of BeWhere tracking devices on 20 of their trailers, and then expanded incrementally as each stage of the rollout was successful. Bell worked with Musket to determine the best places on the trailer to install the trackers, and then coordinated the installation schedules to ensure minimal disruption to operations.

“The installation itself was very easy – basically plug and play,” says Rosa. “And Bell was there to support us any time we needed it.”

Once installed, the devices are unobtrusive, hard to remove, and continuously connected to Musket’s BeWhere dashboard via Bell’s highly reliable network.

Today, BeWhere is installed in 640 of Musket’s trailers, and will be installed in all new trailers going forward – including 125 trailers that they added to their fleet at the end of 2023.

What’s next

Thanks to Bell’s reliable solutions and stellar support, Rosa says the company rarely even considers other providers when looking for new technology upgrades, and he doesn’t anticipate that changing in the future.

“We have such a good relationship with Bell that we always go there first,” he says. “As long as we keep helping each other succeed, I’m happy.”

BeWhere Celebrates Major Sales Achievement in Mobile IoT Innovation

TORONTO, ON. November 27, 2023 – BeWhere Holdings Inc (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a leading Mobile Internet of Things (M-IoT) company, proudly announces the successful receipt and delivery of substantial orders comprising over 7,000 low-power 5G asset trackers, platform and integration services to a global Fortune 100 shipping and logistics company. While the identity of our client remains confidential, this milestone marks a pivotal moment for BeWhere, reaffirming its commitment to trailblazing innovation within the mobile IoT sector.

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BeWhere Holdings Inc. Reports Third Quarter 2023 Results

TORONTO, ON. November 21, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three and nine months ended September 30, 2023.

Owen Moore, CEO and Co-Founder stated, “The company recorded a 91% year-over-year increase in Net income before income tax expense in the third quarter of 2023”. He further noted “the Company continued to perform well with Q3 2023, representing our 10th consecutive quarter of positive net income and our 16th consecutive quarter of positive EBITDA”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,250,649”. He further noted “The Company continued to improve on all its key metrics, while controlling its operating expenses”.

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BeWhere Holdings Inc. Reports Second Quarter 2023 Results

TORONTO, ON. August 24, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three and six months ended June 30, 2023.

Owen Moore, CEO and Co-Founder stated, “The company recorded its highest ever quarterly revenue in the second quarter of 2023”. He further noted “the Company continued to perform well with Q2 2023, representing our 9th consecutive quarter of positive net income and our 15th consecutive quarter of positive EBITDA”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,077,677”.

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BeWhere Inc. Launches its Next Generation of IoT Trackers

TORONTO, ON. May 25, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company, is pleased to announce the launch of its next generation of asset trackers, the BeSol+ and BeTen+.

The BeSol+ is the evolution of the Company’s most successful trailer and equipment tracking product, the BeSol. The BeSol+ incorporates Solar recharging, Low-Power 5G and 2G communications, GPS / GLONASS / GNSS / Wi-Fi / BLE indoor and outdoor location technologies, a 7-amp rechargeable battery and a larger solar panel enabling an industry leading 5-minute live reporting frequency without an external power source. Additionally, the BeSol+ improves to an IP68 water and dust-proof rating and maintains all the existing onboard environmental sensors (temperature, air pressure, humidity, light exposure, and an accelerometer). The BeSol+ also provides new and advanced features such as hub-odometer level accuracy for monitoring trailer mileage and Tamper-proof sensors that provide immediate notifications if a tracker is removed from the asset.

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BeWhere Holdings Inc. Reports First Quarter 2023 Results  BeWhere Holdings Inc.

TORONTO, ON. May 15, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three months ended March 31, 2023.

Owen Moore, CEO and Co-Founder stated, “The company continued to perform well with Q1 2023, representing our 8th consecutive quarter of positive net income and our 14th consecutive quarter of positive EBITDA”. He further noted “high margin recurring revenue was a quarterly record, totaling $1.2 million and represents 48% year over year growth”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,057,983”. He further noted “The Company improved cash position during the three months, by $307,959 to $3,534,938”.

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BeWhere Holdings Inc. Reports 2022 Fiscal Year-end Results

TORONTO, ON. April 17, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for twelve months ended December 31, 2022.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with Total revenue improving by 17% and Recurring revenue growth of 35% year over year in fiscal 2022, resulting in record income before taxes of $526,134”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever quarterly Gross profit, which improved by 55% in fiscal 2022”.

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