Day & Ross Again Selects Powerfleet Telematics for Total U.S. Trailer Visibility

The Powerfleet LV-500 will Provide Enhanced Visibility and Cost-effective Operations

WOODCLIFF LAKE, N.J., Aug. 09, 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, will be expanding the deployment of its LV-500 solar-powered trailer tracking solution to transportation company, Day & Ross’ U.S fleet operations. With a focus on performance and reliability, Day & Ross will be implementing the solution across a fleet of 3,000 trailers to achieve better asset visibility and increased utilization.

After the successful rollout of Powerfleet’s trailer tracking solution to Day & Ross’ Canadian fleet, the company has decided to expand the solution to its U.S. operations. Day & Ross has become a pivotal player in transportation and logistics in North America with its operational footprint expanding even further after the acquisition of A&S Kinard and Buckler Transport in 2019.

“After the positive feedback we received from mechanics, dispatchers, and management from our Canadian team, we determined that Powerfleet’s LV-500 solution was the right trailer tracking solution for our U.S. fleet,” said David Carr, President, Dedicated, North America, Day & Ross. “Powerfleet’s trailer tracking solution provides reliable visibility into exactly how and where our equipment is being utilized so that we can gain greater fleet efficiencies. The total cost of ownership was another major consideration and with Powerfleet’s LV-500 supercapacitors and 4G LTE connectivity, we are assured long service life of the devices.”

The patent-pending Powerfleet LV-500 is the industry’s first multi-powered asset tracking solution, leveraging solar panels, supercapacitors and long-lasting primary batteries for unmatched service life and critical event visibility. It delivers frequent reporting on the status and location of trailers through Powerfleet’s cloud-based application. A self-contained device that requires no connection to external power, the LV-500 can be installed in 10 minutes or less and provides maintenance-free performance.

“We are honored that Day & Ross has expanded its use of our state-of-the-art telemetry platform to their U.S. fleet based on the value and performance of our products and the best-in-class support provided by our team,” explains Powerfleet’s GM of Supply Chain Solutions, Mark Stanton. “Our integrated logistics solutions enable Day & Ross to better analyze trailer dormancy and lower costs associated with underutilized assets. The solution also improves on-time and efficient deliveries so Day & Ross can continue delivering exceptional customer service.”

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 Day & Ross
With over 8,000 employees, drivers, and owner operators in Canada and the US, Day & Ross offers a diversified portfolio of freight and delivery solutions to top brands across North America. The company got its start by hauling potatoes out of New Brunswick in 1950 and became a wholly owned subsidiary of McCain Foods in 1966. Today, their key services include LTL/TL and cross-border transportation, logistics, dedicated fleets, and residential delivery.

For over a decade, Day & Ross has been recognized consistently as one of Canada’s Best Managed Companies and has been named a Top Company for Women to Work for in Transportation since 2018. Their commitment to safety and sustainability is rooted in their family values and their care for their employees and the communities where they work and live. For more information, visit www.dayross.com.

Powerfleet Receives 2021 IoT Evolution Asset Tracking Award

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Powerfleet Launches Vista, an Advanced Vehicle Video Solution with AI Capabilities

New Video Technology Enables Safer, More Efficient Commercial Vehicle Management

WOODCLIFF LAKE, N.J., June 22, 2021 — 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, today announced the launch of Vista, a best-in-class in-vehicle video solution that leverages artificial intelligence (AI) to analyze and proactively manage risky driving situations across fleets. With Vista, Powerfleet is expanding its image technology portfolio, which includes the patent-pending LV-710 freight camera for trailers and containers and the CP4 System designed for the industrial truck market.

The global demand for dashboard and 360-degree camera technology is growing due to a considerable rise in the number of vehicle related accidents, thefts, and “nuclear verdicts” (jury awards of more than $10 million) in the trucking industry. The National Highway Safety Administration (NTSA) reports that an estimated 38,680 deaths in motor vehicle traffic crashes in 2020. Up to 96% of all auto accidents are a result of human error, which further emphasizes the need for fleets to invest in technology to maintain the safety of drivers, pedestrians, and assets.

Recorded video events provide additional contextual insights around hard braking and turning events, vehicle accidents as well as vehicle and content theft. Easy to install and operate, Vista delivers real-time, high-definition video from both road and driver facing cameras to bolster safety and training programs, help exonerate drivers, prevent accidents, and lower insurance costs.

“We have seen strong demand from customers in our vertical and geographic markets for additional video solutions that provide visual proof to improve safety and operations,” said Elizabeth Elkins, Chief Product Officer at Powerfleet. “As a leading IoT solutions provider, it made sense to add Vista to our portfolio of technology solutions focused on keeping drivers safe, protecting assets, and reducing insurance premiums. Whether you have a fleet of over-the-road trucks, cars or service and delivery vans, Vista can play a valuable part of a world-class safety program. The Vista video platform supports safe driving with the ability to auto-detect unsafe driving conditions while delivering real-time driver audio feedback and warnings to help correct risky driving behaviors as they occur.”

Vista is a flexible video solution that can operate stand-alone or as an integrated part of any fleet management system. It leverages the latest processor technology for edge-processing and future proofing and can be installed with minimal configuration. Vista wireless connectivity supports 4G LTE and has built-in Wi-Fi that supports auxiliary cameras for 360° views. Operations managers can stream live video, download video events, and access all cameras through a secure and comprehensive portal.

Other key features include:

• Live streaming: check on the conditions of the road, cab and your assets at any time
• Real time drive alerting (in-cab feature): cameras will notify driver of safety events in real time
• Video history review: all videos on the SD card can be accessed remotely or locally at anytime
• Parking mode: cameras will record any events that occur following sudden jolts when the vehicle is turned off
• Event-based notifications: including harsh acceleration or braking, distracted driving traits, harsh cornering, speeding and more

To learn more, visit https://www.powerfleet.com/vista/quick-start/.

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.

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