The Israel Police Select Pointer by Powerfleet for Managing Their Fleet of 7,500 Vehicles

The Israel Police Is the Third Rescue Force, following in the Steps of Magen David Adom and The Fire and Rescue Services, to Choose Pointer to Provide Command-and-Control Solution

WOODCLIFF LAKE, N.J., May 10, 2021 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), announced that its operating subsidiary, Pointer Telocation Ltd. (Pointer), is set to provide a range of technological services for more than 7,500 police vehicles of the Israel Police fleet for the next four years. The fleet is comprised of 61 different vehicle types including two-wheelers. The Israel Police has the option to extend the tender for an additional four years.

Included in the services to be provided, Pointer will implement a fleet management and driver identification solution to identify the police officer or other authorized official who is driving the vehicle and approve the journey. The solution will provide travel logs, using geo-tracking, to record all vehicle events including, engine on/off status, location, vehicle movement, route, speed, time spent parked, battery status etc. The solution also includes real-time alerts for leaving a pre-defined area or geofence and speeding as well as a dedicated in-car driver interface in some of the vehicles for documenting private travel.

The police will become one of the largest organizations in Israel to manage a fleet of vehicles from a systemic and tactical point of view. The police will be able to send select forces to deal with specific incidents in real-time, utilizing key data for improved command and control as well as cost-efficiencies. The fleet management solution will serve as an efficient investigative tool and can reconstruct response situations to implement future improvements.

The solution the Israel Police are installing on its entire vehicle fleet will be operated using advanced 4G/LTE technology and will rely on the vast amount of knowledge accumulated by Pointer on fleet management, and web-based interfaces. Multiple authorized users can access critical information online as data is collected from a smart GPS telecommunications unit and analyzed using Pointer Diagnostic, which can process vast amounts of data in real-time.

“This is an important achievement through which Pointer will leverage our unique technological capabilities accumulated over many years,” said Ilan Goldstein, CEO of Pointer. “The selected solution will enable the Israel Police to integrate existing technology investments, thereby enabling them to handle the many dynamic challenges that occur as part of their complex incidents and assignments. The Israel Police is the third rescue force, following Magen David Adom and the Fire and Rescue Services, who have chosen us to provide comprehensive command-and-control solutions. This is due to our highly reliable hardware and software capabilities as well as our unique engineering competences and excellent customer service. We are proud to provide a solution that will help facilitate the holistic coordination of different rescue forces utilizing the same fleet management system to deal with combined incidents.”

About Pointer by Powerfleet

Pointer is part of the global Industrial Internet of Things company Powerfleet ® Inc (NASDAQ: AIOT; TASE: PWFL). Powerfleet is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

Comasco Selects Cellocator by Powerfleet IoT Solution for Global Crane Parts Visibility

Solution Delivers Real-time Tracing and Inventory Management for Increased Optimization and Cost Savings

WOODCLIFF LAKE, N.J., April 26, 2021 (GLOBE NEWSWIRE) — Cellocator by Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless Internet of Things (IoT) and Machine-to-Machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets, provided Comasco with an IoT solution for real-time tracing and inventory management of their rented crane parts.

Comasco, a leading importer of mechanical engineering tools and equipment for building and construction, decided to modernize its crane business with IoT technology to gain better visibility, utilization, and security over the equipment. Previously, Comasco followed a labor-intensive process for keeping track of expensive rented equipment. By leveraging Cellocator by Powerfleet’s solution for real-time tracking and inventory management, Comasco now has a fully automated process that provides complete visibility of its rented assets at various job sites and regardless of harsh weather conditions.

Cellocator by Powerfleet’s IoT crane solution integrates hardware units, software, and interfaces with a third-party enterprise resource planning (ERP) system, making the knowledge transfer completely seamless. The rugged IP69K CelloSense devices are attached to the crane parts, while the CelloTrack Nano hub is located at the entrance of the warehouse. The combined solution uses algorithmic logic to create a virtual gate that recognizes the ordered crane parts, automatically registering them in the ERP system, and authorizing their exit from the warehouse yard. By having this information, Comasco has complete security over crane parts at the storage yard and at each job site.

The chain of custody of crane parts is a complicated journey with the equipment being delivered to the job site, the assembly and disassembly of parts, and shipment back to the warehouse. The Cellocator by Powerfleet IoT solution enables on-the-fly alerts for proactive actions and complete visibility through Software-as-a-Service local and global map views of all crane parts.

“We are externally proud to be pioneers in our field by bringing the logistics management of crane parts into the IoT age,” said Haim Danon, Chairman of Comasco. “The Cellocator by Powerfleet solution was tailor-made to our needs, enabling us to have complete transparency and see what is happening with every crane part at any given moment, including real-time status of our inventory.”

Avi Magid, President of Pointer and Cellocator by Powerfleet, added: “We are thrilled to be leading this innovative project. When renting crane equipment, large, heavy parts need to be shipped from the warehouse to the customer’s site, and then back to the crane company’s warehouse, making its management a very challenging task that requires many different resources. Our IoT solution enables Comasco to be in constant control of their assets, while increasing their productivity and efficiency.”

About Cellocator by Powerfleet

Cellocator is part of the global Industrial Internet of Things company Powerfleet® Inc (NASDAQ: AIOT). Powerfleet is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Their offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

About Comasco Ltd.

Since 1963, Comasco has been importing the leading, best known, and most sought-after brands of mechanical engineering equipment into Israel: JCB, Potain, Tesab, just to name few. We have accumulated extensive experience and studied all branches of the heavy mechanical equipment market in depth. Today, Comasco imports hundreds of different models of mechanical engineering tools and equipment and provides service to over 5,000 customers in Israel and to a significant number of Israeli contractors abroad. Our professionalism, and advanced operating methods, enable us to provide our customers with the best-in-class heavy equipment and high level of service.

Pointer by Powerfleet® MX and Edenred Announce Strategic Alliance in Mexico

Industry Leaders Join Forces to Offer Comprehensive Solution for Fleet Managers to Optimize and Streamline Operations

WOODCLIFF LAKE, N.J., Feb. 09, 2021 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless Internet of Things (IoT) and machine to machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets, announced that its operating division Pointer by Powerfleet® Mexico has formed a strategic alliance with Edenred along with its collaboration with BP gas stations via its fleet program, BP Fleet, to develop and offer comprehensive services for fleet operators.

This alliance represents a shared vision to develop innovative, secure and high-quality tools with the best cost-benefit that provides total control to customers. Combining the expertise of each company delivers comprehensive solutions that empower fleet owners to optimize their resources, build efficiencies, and increase profitability.

The BP Fleet program provides through the BP Fleet wallet improved resource utilization for entrepreneurs, drivers and transporters who need innovative solutions to control and efficiently manage their fuel consumption. It helps to validate the presence of the units registered at the service station, control the type of fuel supplied, define the total number of liters to be loaded, identify the gas stations where it was loaded, and know the yield of each load per trip through an electronic card or TAG.

Transactions are highly secure since cards are equipped with an anti-cloning chip and the TAG has NFC technology that allows short-distance wireless communication, useful for sending data for subsequent online activation and assigning a personalized PIN to each driver, giving control over who performs a transaction.

BP Fleet offers its fleet customers a network of more than 530 service stations in 29 states of the country, where they will receive quality service, complete dispatch and can also purchase its unique fuel with ACTIVE technology, which with its continuous use helps clean engines and obtain the expected performance for each vehicle.

Pointer by Powerfleet MX provides solutions for fleet analysis and guidance, optimizing the exchange of information and visualizing aspects of driving habits and vehicle consumption. In addition, it offers remote control and visibility of fleet utilization, geolocation and recovery in case of theft, technical service and support through its call center.

To learn more about Powerfleet or the strategic alliance with Edenred, visit idsy2019.wpengine.com.

About Edenred

A world leader in transactional solutions for companies, employees and businesses; creating solutions, mobile applications and tools that improve the efficiency of organizations and the purchasing power of individuals, improving their quality of life and that of their families. The company was founded in June 2010 in France and later expanded internationally. The company is present in 42 countries on four continents (America, Europe, Asia and Africa) and has nearly 8,000 employees.

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

McGuire Transportation Selects Powerfleet® to Optimize Trailer Utilization Across Entire Fleet

Powerfleet LV-300 Delivers Affordable and Reliable Trailer Information Management Solution

WOODCLIFF LAKE, N.J., Feb. 08, 2021 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, has signed a national deal with McGuire Transportation, a regional dry van trucking company, to upgrade its trailer management solution.

McGuire turned to Powerfleet’s LV-300 for improved trailer visibility and asset utilization, purchasing 350 units to equip its entire fleet. McGuire will be able to better optimize the use of its assets, improve security, and provide its customers with best-in-class service.

“We were early adopters of technologies such as electronic logs and computer-based dispatch systems and we continue to add innovative technology solutions to enable us to improve responsiveness to our customers and increase efficiencies,” said Phil McGuire, President of McGuire Transportation. “Powerfleet has demonstrated its industry expertise and we were impressed with their approach to work alongside us to find the right solution for our fleet.”

The LV-300 asset tracking solution provides continuous real-time visibility while in transit, and more accurate arrival and departure information to better plan supply chain resource allocation. Its high-frequency reporting ensures end customers can receive continuous updates on the status and condition of their important cargo.

“McGuire has built its reputation on its strong commitment to its customers and in leading the market in new technology adoption,” said Mark Stanton, GM of Powerfleet for Supply Chain. “We are equally committed to working closely with McGuire to identify ways to garner greater efficiencies as we deliver cutting-edge trailer management solutions that provide powerful insights into their fleet utilization while improving their customer service and enhancing their competitive advantage.”

To learn more about the latest Powerfleet solutions, visit idsy2019.wpengine.com.

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

About McGuire Transportatio

Founded in 1989, McGuire Transportation, based out of Temple, TX, is a regional dry van carrier specializing in servicing the Central and North Texas area with available equipment daily in all major Texas cities. McGuire Transportation meets or exceeds industry standards in safety and performance. We are committed to innovative technology, driver training and safety and providing our customers quality services and competitive rates. The company also leases truck-tractors, storage trailers, and over the road trailers through its parent company, McGuire Trucking Company. For more information, please visit www.mcguiretransportation.com.

Panhandle Transportation Group Selects Powerfleet® to Improve Visibility and Temperature Control

Powerfleet Reefer Solution, LV-400 to be Deployed Across PTG’s Entire Fleet

WOODCLIFF LAKE, N.J., Feb. 03, 2021 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, was selected by Panhandle Transportation Group (PTG) to monitor and remotely manage refrigerated trailers and cargo through Powerfleet’s reefer solution, the LV-400.

With the 3G network shutdown on the horizon, PTG needed a roadmap for the LTE transition and, most importantly, maintain complete visibility on its fleet with a high-quality reliable solution. A successful pilot program proved Powerfleet was the unsurpassed partner best equipped to ensure freight visibility and monitoring.

“After using other telematics solutions, we refined our requirements and realized we were in need of a partner with a reliable solution that is prepared for the LTE transition,” said Randy Arceneaux, President & CEO, Panhandle Transportation Group. “Powerfleet has not only prepared us but the visibility and control its LV-400 solution provides will help us to reduce load and loss damage as well as help with overall cost reduction.”

PTG is deploying 525 units of the LV-400 solution which covers its entire reefer fleet. The LV-400 enables users to monitor and remotely manage refrigerated trailers and cargo. The solution delivers around-the-clock refrigerated trailer monitoring regardless of hooked or dropped status including location, set point temperature, inlet and outlet air temperature, fuel level and alarm events with notification occurring in real time. All are accessible on Powerfleet’s web-based user interface.

“Cold chain issues have taken center stage in the transportation industry as safety regulations become more stringent and traditional food supply chains have been disrupted due to the pandemic,” said Mark Stanton, GM of Powerfleet for Supply Chain. “Powerfleet is excited to be chosen as PTG’s long-term partner and we look forward to helping them vastly improve their handling of cold chain requirements and pain points.”

To learn more about the latest Powerfleet solutions, visit idsy2019.wpengine.com.

About Panhandle Transportation Group, LLC

Panhandle Transportation Group, LLC, based in Amarillo, TX was created to manage and control the distribution of goods through its propriety work force and contract carriers in challenging, time sensitive environments. It provides best in class service with an emphasis on safety, compliance and efficiency. PTG distributes fresh produce, meat, and non-food products, as well as dairy products and baked goods to grocery stores and restaurants operating in the Southwest Region.

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

Israeli Pharmaceutical and Food Market Powered by Powerfleet Subsidiary Pointer Telocation’s IoT Solutions

Woodcliff Lake, NJ — February 1, 2021 — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless Internet of Things (IoT) and machine to machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets, announced that its operating subsidiary Pointer Telocation Ltd. (Pointer), a leading provider of telematic services and technology solutions for a wide range of location-based applications, has realized significant momentum in the past year by driving global IoT innovation in the pharmaceutical and food distribution market. Pointer has leveraged its best-in-class IoT solutions to secure multiple new contracts with companies.

LogistiPharm

Pointer’s IoT solution was chosen by LogistiPharm to monitor and control the temperature and humidity during the storing and distribution of pharmaceuticals to LogistiPharm customers.

LogistiPharm specializes in the distribution and shipping of medical equipment and medicines across Israel while complying with the strict license conditions set forth by the Israeli Ministry of Health. With a network of drug-storage services, transportation to stores and pharmaceutical departments, LogistiPharm needed to ensure the highest and safest quality control and monitoring for all products. Pointer was tapped to ensure a reliable and professional service in accordance with regulatory standards. Pointer’s technology monitors and controls the temperature and humidity conditions throughout the storage and distribution processes to ensure safety of all goods during transportation.

Hafuz Distribution

Hafuz specializes in providing a range of transportation, courier and distribution services to institutional, business, and private customers alike. It also serves as a subcontractor for a leading medical cannabis company in Israel, transporting medical cannabis from logistics centers to licensed pharmacies.

Pointer’s IoT solution was selected to verify the temperature of medical cannabis shipments to ensure quality control and regulatory compliance.

Pointer’s system provides real-time data and alerts regarding the storage conditions of cargo while locating and tracking vehicles in real-time, including the opening and closing of the safe in which medical cannabis is stored. Pointer’s technology also helps Hafuz comply with the strict standards required for the transportation of medical cannabis.

Bactochem Laboratory

Bactochem is a leading Israeli laboratory that provides advanced analytical and biological testing services with applications in microbiology, chemistry, and phytopathology. It serves Israel’s water, environment, agriculture, and pharmaceutical industries. Pointer’s IoT solution was selected to monitor and control the temperature of stored samples in refrigerators, freezers, cold rooms and clean rooms.

Vertical Field

Vertical Field is a leading ag-tech company that develops innovative vertical solutions for the urban ecosystem. Using cutting-edge technology and smart monitors, they are able to grow lush greenery and clean agriculture in optimum conditions, both indoors and outdoors with minimal maintenance. Pointer was chosen by Vertical Field to provide IoT sensors to monitor and manage the temperature and humidity of vegetative produce in its portable urban farm. Ensuring proper climate in these containers safeguard the production of quality produce, readying it for sale to food chains in the U.S. and around the world.

Pointer’s CelloTrack Nano, a smart cellular communication device that provides real-time information to a network of operators is the technology enabling these applications. The system reports highly accurate location data and includes a smart wireless hub and sensors that operate on Bluetooth Low Energy technology.

The Nano’s ultra-sensitive sensors are suitable for monitoring high-value goods, cold chain, supply chain process and more by detecting changes in a wide variety of parameters, including temperature, humidity, light and magnetism. All solutions remain in compliance with the regulatory requirements and standards in the Israeli pharmaceutical field (e.g., GAMP5, FDA 21 CFR Part11, EU Annex 11, and Israel Ministry of Health Procedure 126).

Pointer integrates IoT solutions in Israel in the production lines of leading customers in the food industry, in the control of drug deliveries by leading manufacturers and pharma chains, in the control of refrigeration coolers by a leading HMO and as a solution in the field of agricultural equipment control. The solutions are integrated with advanced software, dashboards, and user applications.

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

Nucor Tubular Products Selects Powerfleet Telematics to Improve Steel Manufacturing Safety

Powerfleet, Inc., a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as material handling equipment, tractor trailers, containers, cargo, automobiles, and light and heavy duty truck fleets, announced today it has been selected by Nucor Tubular Products to improve safety, compliance, and utilization by using Powerfleet’s telematics solutions.

Nucor Tubular Products has employed Powerfleet to enhance the safety of all warehousing operations at its facilities. After a rigorous pilot program, Nucor Tubular Products has chosen to deploy the Powerfleet Enterprise telematics solution across all lift-truck equipment and instrument cranes at a second location in Q4 2020 and the remaining six of its tubular products facilities during the first half of 2021.

Powerfleet sets the industry safety standard through its telematic solutions, which improve material handling productivity, reduce costs, and ensure equipment is in the proper place at the right time. Its products also provide improved safety while maintaining strict compliance and reducing slowdown friction lost in manual check-ins.

In addition to the Powerfleet Enterprise solution, Nucor Tubular Products will also deploy Powerfleet Forewarner MAXI Crane Safety lights and CP4 Forklift Camera solutions to increase visibility, safety and guarantee accurate records of equipment use in real-time.

“Steel manufacturing by nature has incredibly unique and extensive requirements to ensure that we have enhanced safety protocols and procedures available for our team. After assessing solutions on the market, Nucor Tubular Products has made the decision to partner with Powerfleet,” explains Nathan Fraser, Nucor Vice President & General Manager. “To help meet our mission of becoming the World’s Safest Steel Company, we’ve brought on a technology partner at the edge of innovation and performance to further ensure the safety of all our Nucor Tubular Products teammates.” Nathan continues, “Powerfleet’s ability to automatically send critical safety and equipment information into our Business Management System will allow us to be more responsive, efficient, and ultimately safer as a team.

“Powerfleet is excited to continue expanding the work with Nucor Tubular Products, ensuring the highest level of safety across their facilities,” says Mark Stanton, GM of Powerfleet for Industrial. “At the core of all Powerfleet solutions is the foundational goal to drive stronger, safer and more efficient practices. Extending our work with Nucor Tubular Products is an exciting milestone in continuing to champion these ideals”.

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

About Nucor

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel — in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.

Powerfleet Subsidiary Pointer Telocation Enables Internet of Things (IoT) Defibrillators in Israel

Powerfleet, Inc. announced that its operating subsidiary, Pointer Telocation Ltd. (Pointer), has deployed hundreds of IoT-enabled defibrillators in Israel with the Magen David Adom Ambulance Company. Defibrillators have been installed across the country in telephone booths, lottery stalls and supermarkets as part of a $2 million deployment program.

As part of the agreement, Pointer engineered a smart device to install in select locations across Israel. Each device is equipped with a Pointer transmitter, which provides the defibrillators’ location, temperature and battery health to MDA response centers. When the flashing LED button is triggered, the MDA response center remotely unlocks the case which allows users to access the device even in the dark.

Any person, even without medical training, can call MDA’s 24-hour call center to receive immediate guidance and directions to the nearest defibrillator. Each case has a unique serial number and can be identified via the remote-activated LED lighting system.

The defibrillator is programmed to provide in-depth instructions for use. The device uses two electrodes to provide a shock to assist patients experiencing ventricular fibrillation or irregular heart activity. It is intended to give paramedics additional time to arrive at the site and provide more sophisticated medical support. A number of lives have been saved by providing ambulatory teams the additional time to transport patients to properly equipped hospitals.

When the ambulance arrives, the paramedic uses an ECG device to examine the patient. The heart test results are transmitted via cellular communication directly to the MDA center as well as to the doctor waiting at the hospital, which allows the medical staff time to prepare for the required procedure and save valuable time.

The solution also incorporates a front-facing camera that records the incident for viewing by the hospital staff via MDA’s Call Center. This provides hospital staff with a better understanding of the patient’s unique circumstances and allows them to allocate resources as necessary to treat patients.

Ilan Goldstein, CEO of Pointer, notes that MDA and Pointer are evaluating the possibility of expanding the partnership abroad and offering the model in other countries. MDA manages a fleet of ambulances and other emergency vehicles to provide advanced medical assistance.

“MDA and Pointer have collaboratively developed an advanced mobile medical device architecture that employs IoT capabilities to provide top-notch control and monitoring to support real-time response to emergency situations. We are encouraged by our partnership and look forward to expanding the use of our unique IoT solutions in Israel and globally,” commented Goldstein.

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

Kautex Taps Powerfleet Telematics for Safer, More Sustainable Production

Powerfleet VAC4 to be Deployed Globally Through 2021

WOODCLIFF LAKE, N.J., Oct. 20, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as material handling equipment, tractor trailers, containers, cargo, automobiles, and light and heavy duty truck fleets, has been tapped by Kautex to improve its safety, compliance and utilization through Powerfleet’s telematics solutions.

As a top 100 supplier to global automotive OEMs, Powerfleet’s next generation telematics offer Kautex complete visibility, improved safety and efficacy across its global manufacturing centers. Leveraging Powerfleet’s VAC4 solutions, Kautex has complete wireless visibility and automated monitoring of all its industrial vehicles. The Powerfleet VAC4 is a highly configurable micro-computer that installs on virtually any type of industrial vehicle.

Powerfleet’s best-in-class telematic solutions enable improved material handling productivity, reduced costs, and ensure equipment is in the proper place at the right time. Its products also ensure the highest level of safety for industrial drivers while maintaining strict compliance.

“Our key mission at Powerfleet is to provide customers with the most effective products on the market, and that means putting the safety of our users at the core of what we build,” explains Mark Stanton, GM Powerfleet for Industrial. “Our suite of telematics solutions is a champion for those operating and managing industrial vehicles in that they not only improve the function of work, but also offer the confidence that it’s being done under the most secure conditions in the industry.”

Justo Pepi, Senior Manager Logistics Americas at Kautex, added: “After installing all our assets in our Detroit facility, we quickly realized that the Powerfleet Enterprise solution was able to exceed our expectations, and rapidly employed the Powerfleet solution at two additional facilities, expanding into Canada. The post implementation support has been outstanding. They made sure we were able to get the maximum value from our investment.”

Martin Weiss, Director of Global Material Excellence at Kautex, stated: “This level of support from Powerfleet will enable us to add their solution to our locations in Spain and the UK before the end of 2020, further expanding Powerfleet applications into various plants around the globe in 2021.”

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

About Kautex

Kautex, a subsidiary of Textron Inc., is rated among the Top 100 Automotive Suppliers worldwide. The company is a leading global supplier of hybrid and conventional plastic fuel tank systems, selective catalytic reduction systems (SCR) and clear vision systems and sensors. In addition, the company produces and supplies camshafts, castings and industrial packaging. Headquartered in Bonn, Germany, the company owns and operates more than 30 facilities in 14 countries worldwide.

Ryder Selects Powerfleet for Industrial to Secure North American Supply Chain Operations

WOODCLIFF LAKE, N.J., Oct. 09, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as material handling equipment, today announced it has been chosen by Ryder System, Inc., a leading logistics and transportation company, to embed telematics into its forklifts and other material handling equipment within its warehouses.

Ryder operates behind the scenes, managing critical fleet, transportation, and supply chain functions for more than 50,000 customers, many of which make the products that consumers use every day. Over the next 12-18 months, Ryder will be deploying the Powerfleet Enterprise solution on over 1,000 pieces of material handling equipment at more than 30 sites in North America. Under the terms of the deal, Powerfleet for Industrial will help Ryder’s North American operations deliver the value-added benefit of enhancing safety and regulatory compliance to their warehouse material handling operations. Ryder operates more than 300 warehouses encompassing approximately 55 million square feet.

The Powerfleet Enterprise solution combines an advanced hardware device installed on the Ryder equipment, powerful SaaS-based software, and the industry’s most data-rich analytics platform to deliver critical safety controls and insightful data on the utilization and productivity of the equipment and operator.

“We’re thrilled to work with Ryder to deliver best-in-class safety telematics technology,” said Mark Stanton, General Manager at Powerfleet for Industrial. “Ryder’s Integrated Logistics team will now have increased visibility into key safety features of their material handling equipment to provide their customers with a full, 360-degree picture of their operations to optimize safety and reduce operating costs.”

As a recognized leader in safety telematics, Powerfleet’s solutions will deliver increased access control, equipment checklist compliance, asset performance, and operator accountability. Ryder’s key initiative following implementation is the rollout of corporate KPIs to measure the improvement of operations.

“We chose the Powerfleet solution because of its advanced telematics capabilities for our forklifts and other material handling equipment,” stated Norm Brouillette, Vice President and GM from Ryder Supply Chain Solution. “Their focus on solutions that optimize assets and enhance safety protocols is critical for our success.”

To learn more about the latest Powerfleet solutions, visit idsy2019.wpengine.com.

About Powerfleet
Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” (within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), which may include information concerning our beliefs, plans, objectives, goals, expectations, strategies, anticipations, assumptions, estimates, intentions, future events, future revenues or performance, capital expenditures and other information that is not historical information. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties are detailed from time to time in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2019. All forward-looking statements attributable to us or persons acting on our behalf apply only as of the date they are made and are expressly qualified in their entirety by the cautionary statements included in this press release. Except as may be required by law, we undertake no obligation to publicly update or revise any forward-looking statement to reflect events or circumstances occurring after the date they were made or to reflect the occurrence of unanticipated events, or otherwise.

Powerfleet Company Contact
Ned Mavrommatis, CFO
NMavrommatis@Powerfleet.com
(201) 996-9000

Powerfleet Media Contact
N6A on behalf of Powerfleet
Powerfleet@n6a.com

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Matt Glover
Gateway Investor Relations
PWFL@gatewayIR.com
(949) 574-3860

About Ryder System, Inc.
Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and commercial fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages more than 250,000 commercial vehicles and operates more than 300 warehouses encompassing approximately 55 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally friendly solutions, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Media Contact
Jonathan Mayor
(305) 500-3161
Jonathan_C_Mayor@Ryder.com

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