XPLORE Receives More Than $14 Million in C5 Purchase Orders from Major Utility
November 10 2011 - 9:15AM
Business Wire
Xplore Technologies Corp. (OTCQB: XLRT) (“Xplore” or the
“Company”), a manufacturer of award-winning rugged tablet PCs,
announced today that it has received purchase orders from one of
the world’s largest utility companies for the purchase of more than
4,000 of the Company’s newly launched iX104C5 rugged tablet PCs,
representing over $14 million in aggregate sales orders. These C5
tablets are expected to be delivered during the first half of
calendar 2012 and will be used to improve the productivity of the
customer’s field service operations.
“We believe an order of this magnitude is a watershed event for
Xplore and indicates the superiority of Xplore’s fully rugged C5
tablet computer,” stated Philip Sassower, the Company’s
Chairman of the Board and Chief Executive Officer. “We believe the
best-in-class feature set of our new C5 tablet clearly
differentiated Xplore from the rest of the competition in securing
this order. Further, we believe that our family of offerings
continues to favorably position Xplore to serve the expanding
global rugged tablet PC market.”
Mark Holleran, President and Chief Operating Officer, said
“Winning this order, the largest in our history, demonstrates
Xplore’s ability to listen to the marketplace and develop superior
rugged mobile solutions. We took direct input from a Fortune 50
company that understands the demands of rugged working environments
and incorporated their feedback into the design of our new C5,
resulting in what we believe is the best rugged PC available. The
customer’s needs for its field service technicians were clear:
maximize technician up-time in the field; communicate in real-time
with their supervisors; order parts without returning to the depot;
and update records, all in the most extreme working conditions. The
C5 exceeded the customer’s expectations.”
Holleran added “we are very excited and extremely pleased with
this new relationship. Prior to the receipt of the new orders, we
have shipped approximately $1 million of product related to the
test pilot program and another separate program initiative. We
believe there are other significant opportunities for this customer
that our C5 rugged tablet PC will be well-suited to address.”
About Xplore Technologies®
Xplore (www.xploretech.com) is engaged in the business of
developing integrating and marketing mobile wireless Tablet PC
computing systems. The Company’s products enable the extension of
traditional computing systems to a range of field and on-site
personnel, regardless of location or environment. Using a range of
wireless communication mediums together with the Company’s rugged
computing products, the Company’s end-users are able to receive,
collect, analyze, manipulate and transmit information in a variety
of environments not suited to traditional non-rugged computing
devices. The Company’s end-users are in markets that include
utility, warehousing/logistics, public safety, field service,
transportation, manufacturing, route delivery, military and
homeland security.
This news release contains forward-looking statements that
involve risks and uncertainties, which may cause actual results to
differ materially from the statements made. When used in this
document, the words “may”, “would”, “could”, “will”, “intend”,
“plan”, “anticipate”, “believe”, “estimate”, “expect” and similar
expressions are intended to identify forward-looking statements.
Such statements reflect Xplore’s current views with respect to
future events and are subject to such risks and uncertainties. Many
factors could cause actual results to differ materially from the
statements made including those factors detailed from time to time
in filings made by Xplore with securities regulatory authorities.
Should one or more of these risks or uncertainties materialize, or
should assumptions underlying the forward looking statements prove
incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated or expected. Xplore does
not intend and does not assume any obligation to update these
forward-looking statements.