TORONTO, ON. May 16, 2022 – 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, 2022.
Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the quarter having achieved record Q1 revenue and income”. He further noted “the company’s cash position during the quarter increased substantially to $2,999,364, as it generated $465,859 from operating activities”.
Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company managed to record revenue despite Covid related shutdown in China”. He further noted “we remain focused on maintaining healthy gross profit on our products”.
TORONTO, ON. April 18, 2022 – 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, 2021.
Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the fiscal 2021 having achieved both record revenue and record net income”. He further noted “quarterly EBITDA of $265k represents the 9th consecutive quarter of positive EBITDA. The Company achieved $802k of EBITDA in fiscal 2021”.
Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company shipped record number of devices in fiscal 2021, a 53% increase year-over-year”. He further noted “we remain focused on maintaining healthy gross profit on our products”.
TORONTO, ON. March 7th, 2022 – BeWhere(TSX-V: BEW, OTCQB: BEWFF),a Mobile Internet of Things (“M-IoT”) company, is excited to announce the official North American launch of its miniaturized low-power 5G tracker, the BeMini, and its exclusive availability through Bell Canada.
The BeMini is a miniaturized GPS tracker with indoor location that works on Bell’s LTE-M (low-power 5G) network. It combines all the sensors (temperature, humidity, light exposure, motion) and functionality of our existing asset trackers but at 1/4 of the size.
The rugged design and battery capacity were designed for B2B applications but can also be used for B2C. It operates on a micro-USB rechargeable battery and combines GPS with the addition of Wi-Fi location tracking to offer indoor positioning. As a result, the BeMini can offer a new Wi-Fi “LEASH” feature where it can automatically ping less often when in range of user-identified Wi-Fi networks and automatically ping more frequently when out of designated zones.
Fitting in the palm of your hand, the BeMini’s small and lightweight design opens the door to a broader variety of asset tracking use cases. It can be effectively used in compact spaces or where a discreet tracker would work better. This includes smaller objects such as individual shipment tracking (or pallets) and valuable bags/cases – like med kits, money bags or pelican cases with specialized tools. This is in addition to tracking pallets, smaller tools, and equipment (rental or owned) like portable generators, hospital equipment, restoration equipment and more.
In Canada, Bell will distribute the BeMini through its commercial salesforce, targeting mid- to large Enterprises, with an all-in affordable price and yearly renewals. In the United States, the BeMini is added to our reseller offerings.
BeWhere (TSXV: BEW, OTCQB: BEWFF) is a Mobile Internet of Things (“M-IoT”) solutions company that designs and sells self-powered hardware with sensors and software applications. Our solutions serve two main markets: (1) Asset Tracking remote location tracking various assets such as trailers, dry vans etc., and (2) Connected Sensors of to remotely track sensors information on non-powered fixed and movable assets. BeWhere’s devices use the latest available cellular technologies (LTE-M and NB-IoT) to transmit collected data into mobile applications and cloud-based platforms, at a much lower cost than traditional cellular networks. BeWhere also offer solutions that can be fully integrated with existing software, and white-labeled. BeWhere solutions are cutting edge, offering low-cost sophisticated technology which allows customers to deploy remote tracking technology where cost was previously prohibitive.
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.
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.
BeWhere Holdings (TSX.V: BEW) (OTCQB: BEWFF) is a Mobile Internet of Things (“M-IoT”) solutions company based in Toronto, Canada. BeWhere designs, manufactures and sells low-power 5G (known as “LTE-M” and NB-IoT) hardware with sensors for asset management and asset tracking applications.
The company’s solutions are low-cost, designed to last and to be used in rough environments. As a B2B company, BeWhere offers flexibility to its distributors, either by white-labelling its products, integrating in their user platforms or selling as an end-to-end solution (“Slap & Track”). The company’s resellers range from large telecom operators such as Bell, AT&T, T-Mobile; to market-specific leaders such as Fleet Complete, Tenna, Rand McNally, etc. End-users of BeWhere’s products cross a wide array of applications and industries such as construction, transport, logistics, governments, food and beverage, etc.
TORONTO, ON. November 15, 2021 – 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 September 30, 2021.
Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the third quarter having achieved both record quarterly revenue and record net income”. He further noted “quarterly EBITDA of $216K represents the 8th consecutive quarter of positive EBITDA”.
Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as we shipped a record number of devices in the third quarter, with the company poised for bigger and better things to come”. He further noted “we remain focused on maintaining healthy gross profit on our products”.
Toronto, Ontario–(November 8, 2021) – BeWhere(TSXV: BEW) (OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company, today announced that BeWhere will be attending the Q4 Virtual Investor Summit. BeWhere’s CEO Owen Moore and VP Strategy Margaux Berry will be presenting BeWhere’s latest financials, business updates, and outlook for 2022.
Providing a unified view of trucks, trailers, drivers and cargo on one dashboard, Smart Supply Chain leverages Bell’s LTE network for extensive coverage in Canada and the U.S.
MONTRÉAL, Oct. 28, 2021 /CNW Telbec/ – Bell Business Markets today announced the launch of Smart Supply Chain powered by Bell IoT Smart Connect, an “as-a-service” IoT aggregation solution designed for fleet and supply chain operators. The new platform aggregates multiple IoT data sources and operational data sets into a single dashboard accessible through Bell’s Self Serve Centre.