TORONTO, ONTARIO–(Marketwired – May 25, 2016) – BeWhere Holdings Inc. (TSX VENTURE:BEW), announces that it has entered into a distribution agreement with Mobilizz Inc., a company located in Toronto Ontario with customers throughout North America and has placed an initial order for 2,000 BeWhere Beacons to support an initial implementation with an electrical distribution and transmission utility in Western Canada.
“We are excited to be partnering with Mobilizz,” said Owen Moore, CEO of BeWhere Holdings Inc., “Mobilizz is an established provider of Geotab hardware and software solutions and has had years of experience working with utility and sub-contractor fleets. This experience gives them a deep understanding of the industry and its unique challenges. Our solutions will enable their customers to gain a much better understanding of asset location and the conditions that it currently and historically has been subjected to. Rather than relying on anecdotal information, we will provide a real time snapshot that drives correct decision making.”
“The fast and efficient delivery enabled by real-time data access is now essential in order to meet consumers’ expectations,” said Wayne Candy, President of Mobilizz. “By combining our expertise with Geotab in the utility sector with BeWhere’s Bluetooth beacons, we will generate efficiencies through time savings, better utilization and known asset allocation.”
James West is an investor and the author of the Midas Letter, an investing research report focused on small cap companies. The views expressed here are his own and are presented for general informational purposes only — they should not be construed as advice to invest in any securities mentioned.
The Internet of Things, the era in which all of our devices are connected to the internet in some form, and data and instructions transmitted among them through WiFi, Bluetooth, RFID and cellular signals, has arrived.
Legacy technologies are evolving, and new ones are being developed in the labs of universities and corporate research facilities throughout the world. The race to the next Unicorn ($1 Billion+ market cap startup) is on.
In Canada, that race is underway too. And already, there are a handful of companies who are seeking to capitalize their way to Unicorn glory through a public listing on the Toronto Venture Exchange.
Here are a few, who, by virtue of their product and service offerings, are real Internet-of-Things contenders, and thus bear watching by investors in search of the Next Big Thing.
1. BeWhere Holdings Inc.(TSX.V:BEW)
Mr. John Dewdney reports
GREENOCK RESOURCES INC. ANNOUNCES TSX VENTURE EXCHANGE CONDITIONAL ACCEPTANCE
The TSX Venture Exchange has confirmed its conditional acceptance of Greenock Resources Inc.’s acquisition of BeWhere Inc. and Greenock’s concurrent financing that were announced Sept. 21, 2015. The company expects to close the transaction on or about Jan. 29, 2016.
Toronto-based tech start-up uses Bluetooth for tracking
A Toronto-based start-up is offering a new tracking technology with supply chain applications.
BeWhere Inc’s tech uses smartphone Bluetooth connectivity with small battery-powered beacons to keep tabs on mobile assets or goods in transit.
About the size of a business card and about a centimetre thick, each beacon is equipped with an accelerometer, temperature sensor, light sensor, high-intensity LED and buzzer. They record data such as temperature, motion, light and impact and transmit this to the user’s smart phone in real time, using a low-energy Bluetooth modem.