New Australasia Distribution Partnership
T42 IoT Tracking Solutions plc has announced a new distribution partnership with Relegen Pty Ltd, expanding its reach into the Australasia region by combining T42's IoT tracking solutions with Relegen's software platforms. This collaboration aims to deliver comprehensive monitoring and asset intelligence solutions across various sectors including government, defence, emergency services, and commercial asset management. The partnership is expected to leverage T42's proven IoT technologies and Relegen's integration and analytics capabilities to provide a compelling and cost-effective market entry strategy for global growth.
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Further Expansion of Global Reach
t42 IoT Tracking Solutions plc ("t42" or the "Company"), a leading provider of real-time tracking, monitoring and security solutions for the global container and freight market, announces a new distribution partnership across Australia and New Zealand with engineering and innovative software business Relegen Pty Ltd ("Relegen").
This agreement is for the development and deployment of t42's products across Australasia combining the Company's solutions with Relegen's software platforms.
The combination of t42's IoT sensing and communications technologies and Relegen's integration and analytics capabilities will enable the delivery of comprehensive monitoring and asset intelligence solutions for sectors including government and public safety, defence and maritime operations, emergency services, infrastructure and utilities, and commercial and industrial asset management.
Relegen is engaged in asset management, systems integration and technology deployment services, including the provision of analytics, monitoring and operational intelligence solutions through its assetDNA platform and related services. It has built a reputation for delivering engineering excellence and innovative software solutions to solve complex issues across defence, mining and asset-intensive industry sectors.
Avi Hartmann, CEO of t42, commented: "We are delighted to have secured a partnership with Relegen, further strengthening our ability to target a range of growth sectors across Australasia. We have a targeted approach to expanding our reach, and the quality of our partners is testament to the versatility of our products which provide proven, reliable IoT solutions to track, secure, and manage assets worldwide.
"We are focused on delivering quality end-to-end monitoring solutions and believe that the combination of key technologies and platforms provides a compelling low cost route to market as we focus on leveraging our core competencies to grow our product ecosystem across the globe."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.