DALLAS and LAS VEGAS, May 7,
2019 /PRNewswire/ -- Polte Corporation, the leader in
advanced Cloud Location over Cellular (C-LoC) technology, and
GeoTraq Inc., a Mobile IoT module manufacturer and connectivity
provider, today announced a collaboration to embed Polte location
technologies into two new GeoTraq NB-IoT/ LTE-M modules: the
Tracker-Module GT-TM100 and Sensor-Module GT-SM100.
Polte's C-LoC location solution enables GeoTraq to eliminate the
need for GPS / GNSS radios by leveraging globally available Mobile
IoT (NB-IoT and LTE-M) networks. In addition to providing wide-area
outdoor coverage from rural to dense urban, Polte's location
solution enables highly-accurate tracking indoors, even when
objects are inside vehicles or in shipping containers. Polte's
cloud-based secure from chip-to-cloud software solution enables
unprecedented reach for locating things wherever they are.
GeoTraq's Tracker-Module GT-TM100 is designed specifically for
low-cost asset tracking and other location-based intelligent use
cases. The module's ultra-small 16 x 12 mm form factor allows it to
be incorporated into almost any existing or new battery powered
machine, tool, or product to provide intelligent insights.
GeoTraq's Sensor-Module GT-SM100 offers the fastest, most
secure, and efficient Mobile IoT connectivity. The GT-SM100
includes both an eSIM and connectors for easy attachment of
antennas, batteries, and a variety of sensors, including
temperature, flow, pressure, humidity, motion, acceleration, and
more. The Sensor-Module GT-SM100 operates by transmitting small
packets of data for scheduled reports or trigger-based event
alerts, which GeoTraq expects will be configured using the
GeoTraq's WebTraq™ portal and integrated to the customer's choice
of IoT platforms for visualization.
Polte CEO Ed Chao explained, "We
see a huge market opportunity for low-cost, battery powered IoT
asset trackers across many industry verticals from shipping &
transportation to manufacturing to tracking everyday objects. We
are at the very beginning of what is possible with Mobile IoT."
Chao went on to say, "Polte's positioning technologies together
with GeoTraq's innovative Mobile IoT modules deliver on the promise
of the Internet of Things. The most common everyday objects will
now be able to connect at an extremely low cost with very low
power."
GeoTraq General Manager and 30-year wireless industry veteran,
Pierre Parent, shares, "We have been
working with Polte for over a year and they have a superior
technology for adding location services to our small, low-cost line
of Mobile IoT modules. We believe that the business world has
not fully grasped the changes that are occurring in the tracking
industry and the advancements that positioning on the LTE radio
channel will provide. Historical tracking solutions use GPS,
which adds $3-$4 in extra component costs and produces a
significant drain on the battery life. If your goal is to
build a disposable tracking tag for less than $10 to monitor critical materials and packages
while they are in the mail, GPS is a non-starter. It's too
bulky, expensive, and probably won't work indoors. Polte resolves
these problems for us, allowing GeoTraq to produce a low-cost
module with enhanced location positioning technology."
Both Polte and GeoTraq will be exhibiting at Internet of Things
World in Santa Clara, CA,
May 14-16, 2019. To get more
information, visit Polte at booth #943 and GeoTraq at booth
#852.
About Polte Corporation
Headquartered in Dallas, Texas, Polte is the leader in Cloud
Location over Cellular (C-LoC) solutions. Leveraging 4G and 5G
signals, Polte's cloud-based platform powers Internet of Things
(IoT) devices with real-time location determination as they move
between indoor and outdoor environments. Visit polte.com for more
details.
Polte Contacts:
Amber Rubin, The David James Agency,
+1 805 494 9508, polte@davidjamesagency.com
JC Elliott, Polte Corporation, +1 469 774 7114, jc@polte.com
About GeoTraq
A subsidiary of Appliance Recycling
Centers of America, Inc. (NASDAQ: ARCI), GeoTraq is a Mobile IoT
module manufacturer and connectivity provider. GeoTraq offers asset
tracking and remote monitoring through Mobile IoT modules with
global connectivity. GeoTraq Mobile IoT modules report location
data with the ability to measure variables from external sensors,
such as temperature, flow, pressure, humidity, motion, acceleration
and more. The modules transmit data for scheduled reports or
trigger-based event alerts. GeoTraq technology is designed to
streamline business processes and increase operational efficiency
to drive ROI and solve real business challenges. Visit GeoTraq
online at www.GeoTraq.com.
Forward-Looking and Cautionary Statements
This press
release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. In
accordance with the safe harbor provisions of this Act, statements
contained herein that look forward in time that include everything
other than historical information, involve risks and uncertainties
that may affect the company's actual results. These forward-looking
statements can be identified by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates" and similar statements, and includes statements
relating to the market opportunity for IoT asset trackers,
GeoTraq's ability to configure trigger-based event alerts, and
other statements relating to changes in the tracking industry
. Appliance Recycling Centers of America, Inc. ("ARCA"), the
registrant, may also make written or oral forward-looking
statements in ARCA's periodic reports to the U.S. Securities and
Exchange Commission (the "SEC") on Forms 10-K and 10-Q, Current
Reports on Form 8-K, in its annual report to stockholders, in press
releases and other written materials, and in oral statements made
by its officers, directors, or employees to third parties. There
can be no assurance that such statements will prove to be accurate
and there are a number of important factors that could cause actual
results to differ materially from those expressed in any
forward-looking statements made by ARCA. ARCA cautions that
these forward-looking statements are further qualified by other
factors including, but not limited to, those set forth in ARCA's
Annual Report on Form 10-K, as amended, for the fiscal year ended
December 29, 2018 (available
at http://www.sec.gov). ARCA undertakes no obligation
to publicly update or revise any statements in this release,
whether as a result of new information, future events, or
otherwise.
GeoTraq contact:
Tiffani
Neilson, GeoTraq, +1 702 757 4080, tneilson@geotraq.com
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SOURCE Appliance Recycling Centers of America, Inc.