Mitsubishi Logisnext Americas Launches Advanced Powerfleet® Telematics Solution For North American Market

HOUSTON (May 26, 2021) – Mitsubishi Logisnext Americas group (Logisnext), a leading North American provider and manufacturer of material handling and innovative automation and fleet solutions, announced today that it has entered into a reseller agreement with Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions. Together, Powerfleet and Logisnext have teamed-up to introduce the new Powerfleet® Enterprise Telematic Solution to customers across North America.

Available as a factory-installed option on all Mitsubishi forklift trucks, Cat® lift trucks and Jungheinrich® warehouse products, customers will benefit from access to real-time data analytics to make more informed decisions.

As an integrated solution, the Powerfleet Enterprise Telematics System will allow customers to monitor lift truck utilization, impacts, and company safety compliance quickly and accurately, while also optimizing their fleet’s performance.

“Powerfleet’s innovative technology and Mitsubishi Logisnext America’s advanced material handling equipment are a powerful combination,” said John Sneddon, executive vice president, Sales and Marketing at Mitsubishi Logisnext Americas. “Powerfleet’s Enterprise Telematics is a first-class technology solution, empowering customers to more effectively manage their fleet across multiple brands, units and locations. We’re excited to bring this new level of support to our customers.”
Mark Stanton, GM of Supply Chain at Powerfleet, commented: “Powerfleet’s telematic solutions set the industry’s standard by monitoring safe operation, increasing material handling productivity, reducing costs, and ensuring equipment is in the proper place at the right time. By adding Powerfleet’s Enterprise Telematics Solution to its portfolio, Mitsubishi Logisnext Americas becomes a one-stop shop for industrial fleet needs, which provides tremendous value to the customer. We’re excited to partner with Mitsubishi Logisnext Americas to bring this solution to the North American market.”

Powerfleet’s Telematics Solution

Through Powerfleet’s VAC4 and impact sensors solutions, end-users will gain complete wireless visibility and automated monitoring across their lift truck fleet. The VAC4 combines an advanced hardware device installed on the lift truck with easy to use cloud-based software. This powerful combined solution provides the industry’s most data-rich analytics platform, delivering critical safety controls and insightful data on the material handling fleet’s utilization and productivity.

  • Significant capabilities include:
  • Operator Access Control
  • Electronic Pre-Shift Checklists for OSHA Compliance
  • Impact Sensing
  • Fleet Utilization / Productivity
  • Automated Reporting and Alert Notifications Battery Monitoring
  • Business IQ Analytics
  • Speed Monitoring
  • Load Monitoring
  • Localization / Tracking via Wi-Fi
  • Text Messaging

A scalable telematics solution, Powerfleet is suitable for any fleet size and product mix across the Mitsubishi forklift trucks, Cat lift trucks and Jungheinrich product offering.

For further information, or to see how Powerfleet – and Logisnext’s wide-range of material handling fleet solutions – can further enhance, optimize and streamline business operations, visit Powerfleet.com or LogisnextAmericas.com.

 

About Mitsubishi Logisnext Americas

Mitsubishi Logisnext Americas Inc. and its group companies have helped customers Move The World Forward for more than 100 years. A technology-driven manufacturer, Mitsubishi Logisnext Americas offers scalable solutions from material handling to automation and extensive fleet support. Headquartered in Houston, Texas, its complete portfolio of advanced solutions spans across five leading brands – Mitsubishi forklift trucks, Cat® lift trucks, Rocla AGV Solutions, UniCarriers® Forklifts and Jungheinrich® warehouse and automation products. All products are backed by an extensive dealer network offering industry-leading customer service and product support. For more information, visit www.LogisnextAmericas.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.

White Oak Transportation Selects Powerfleet to Improve Asset Visibility

Long Service Life and Low-Maintenance Solution Chosen to Help White Oak Deliver on Customer Commitments

WOODCLIFF LAKE, N.J., May 12, 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 been selected by White Oak Transportation, Inc., a leading provider of brokerage, dedicated contract carriage, and truckload carriage based in Decatur, Alabama, to supply its trailer tracking solution to their 875-trailer fleet. Powerfleet’s solar and supercap powered LV-500 combined with its cloud-based software application will provide White Oak Transportation better asset visibility for improved customer satisfaction and operational efficiencies.

By leveraging Powerfleet’s LV-500, White Oak will be able to upgrade from 3G to 4G/LTE wireless service to ensure continuity of coverage and complete visibility over its fleet. Moreover, the trailer tracking solution will support White Oak Transportation’s commitments with contracted trailer pools at customer locations. With trailers moving to and from facilities and sometimes moved by foreign carrier’s drivers, it’s easy to lose track or misplace trailers. Using Powerfleet’s reporting dashboards and analytics to run automated yard checks, White Oak can share trailer location and other key performance indicators (KPIs) with customers to provide them with peace of mind that they are meeting contracted pool requirements.

“The level of data provided by the LV-500 ensures that we gain increased visibility into the fleet and can prioritize driver safety while delivering excellence in client service,” explained Ryan Waller, Vice President of White Oak Transportation. “As some of our contracted trailers stay at our customers’ sites for extended periods, access to accurate usage information is also critical in allowing us to improve preventative maintenance planning.”

The Powerfleet LV-500 delivers frequent reporting on the status and location of trailers through Powerfleet’s cloud-based application and integration into White Cloud’s Transportation Management System. A self-contained device, the LV-500 is dual-powered using solar-powered supercapacitors and long-lasting primary batteries, and can be installed in 10 minutes or less. Its rugged design provides extended years of service and a lower total cost of ownership. The LV-500 solution will help lower costs associated with underutilized trailers by enabling White Oak to expeditiously re-allocate them and by reducing the time required for drivers and yard workers searching for available trailers.

“With the 3G sunset around the corner, White Oak Transportation wanted to upgrade its old devices to a reliable LTE technology solution that will help them monitor and analyze their assets,” said Mark Stanton, GM of Supply Chain at Powerfleet. “Employing our patent pending LV-500 solution addresses the many challenges of having trailers offsite for long periods of time and is ideal for ongoing fleet maintenance and management.”

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 White Oak Transportation, Inc.

White Oak Transportation is a privately held asset-based carrier that began operations in 1999. The company provides a wide range of transportation solutions that includes brokerage, dedicated contract carriage, and truckload carriage in various lengths of haul throughout the Southeastern, Midwestern and Mid-Atlantic United States. For more information, visit www.whiteoaktrans.com.

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.