Collaboration brings cost savings and efficiency to Trakopolis’ Canadian fleets

CALGARY, Alberta, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Trakopolis IoT Corp. (TSXV: TRAK) ("Trakopolis" or the "Company") is pleased to announce that it has partnered with KeepTruckin, the #1 rated ELD and fleet management solution, as its preferred electronic logging device (ELD) partner. Available in Canada for the first time, Trakopolis customers can deploy KeepTruckin’s modern hardware and software solutions to further extend crucial insights into business operations prior to the Canadian ELD mandate.

The introduction of pre-mandate ELDs to the Canadian trucking industry reflects Trakopolis’ and KeepTruckin’s joint commitment to improving fleet safety through modern communication and compliance tools. Trakopolis brings together top-rated hardware and software solutions for cohesive visibility into a wide variety of remote vehicles, equipment and drivers.

Electronic logging systems save drivers time previously spent manually recording their hours of service (HOS), which results in at least $150 million dollars savings per year for fleets in the transportation industry1. Deploying electronic logging systems provides visibility into fleet performance - like vehicle utilization and safe driver behaviors - to help establish best practices and improve productivity.

“Trakopolis’ IoT platform connects everyone and everything which enables better business decisions from one consolidated platform. A partnership with KeepTruckin is a natural fit to continue providing the best offering to our customers,” said Ted Duffield, Chief Revenue Officer, Trakopolis. “For companies shifting to digital transformation, the Trakopolis platform delivers the best cloud based IoT platform, now with the best ELD on the market.”

Chosen for its ease of use, reliability, and excellent customer support, KeepTruckin’s ELD solution is trusted by the world’s largest network of over 500,000 connected drivers and 50,000 fleets. The KeepTruckin ELD and Electronic Logbook App offers drivers an intuitive solution that is an alternative to time consuming and inaccurate paper logging systems. Trakopolis customers can now benefit from KeepTruckin’s robust customer support channels, offering users access to live support 24 hours a day, 7 days a week, and 365 days a year.

“We’re excited to partner with Trakopolis and introduce our industry-leading ELD and fleet management solution to drivers in Canada,” said John Verdon, Head of Partnerships, KeepTruckin. “With ELDs fleets can increase their productivity and driver safety through improved communication.”

More information about Trakopolis and the KeepTruckin ELD solution can be found here. To learn more about the upcoming Canadian ELD mandate, visit the KeepTruckin Blog.

1 http://canadagazette.gc.ca/rp-pr/p1/2017/2017-12-16/html/reg5-eng.html

About Trakopolis
Trakopolis brings together top-rated hardware and software solutions for cohesive visibility to a wide variety of remote vehicles, equipment and drivers. Trakopolis is a Software as a Service (SaaS) company with proprietary, cloud‐based solutions for real‐time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and workers. The Company’s asset management platform works across a variety of networks and devices. Trakopolis has a diversified revenue stream from many verticals including oil and gas, forestry, transportation, construction, rentals, urban services, mining, government and others.

About KeepTruckin:
KeepTruckin is on a mission to improve the safety and efficiency of the world’s trucking industry by building modern technology products for truck drivers and fleet managers. The company connects drivers using the KeepTruckin Electronic Logging Device, KeepTruckin Electronic Logbook - the #1 rated Electronic Logbook App for iOS & Android - and KeepTruckin Smart Dashcam. The KeepTruckin suite of products helps fleets audit driver logs, manage IFTA fuel taxes, and track vehicles in real-time. KeepTruckin is trusted by over 50,000 fleets for ELD compliance, IFTA reporting, GPS tracking, video monitoring and much more. The #1 rating comes from our Google Play Store reviews. To learn more about KeepTruckin visit, keeptruckin.com.

Trakopolis Media Contact(s)
Brent Moore, President and Chief Executive Officer
Trakopolis IoT Corp.
Telephone: (403) 450-7854
Email: bmoore@trakopolis.com
 
KeepTruckin Media Contact:
Kimberly Maynard
Kimberly.Maynard@KeepTruckin.com
415-705-9859

Forward-Looking Information

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding: the business and operations of Trakopolis; expected sales of ELD; legislative and regulatory changes; the market opportunity of ELD technology; full implementation of the ELD solution within new and existing Trakopolis customers and the number of subscribers resulting therefrom; and the success of existing ELD pilot projects and the number of subscribers resulting therefrom. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the market opportunity and commercial success of ELD; sales of ELD to existing and new customers; general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments, including legislative developments with respect to ELD; success of ELD pilot projects; those additional risks set out in the Trakopolis' public documents filed on SEDAR at www.sedar.com; and other matters discussed in this news release. Although Trakopolis believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, Trakopolis disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.