Micronet gets USD1.06m purchase order for IoT android computer

Micronet Enertec Technologies, Inc.´s (Nasdaq: MICT) Mobile Resource Management (MRM) subsidiary Micronet, (via Micronet Inc., its fully owned subsidiary) has received a continuous purchase order valued at approximately USD1,060,000 for its recently released TREQr5 product from a leading fleet management solutions provider, the company said.

TREQr5 is an innovative ruggedized telematics android on-board computer optimized for Internet of Things (IOT) and Fleet Management Applications. The company is expecting to fulfill the order by the end of quarter one 2017.

The TREQr5, and Micronet´s other technologies and services, provide a suite of Fleet Management products, which are key assets that help its customers focus on driver safety, efficiency and compliance, Electronic Logging Devices (ELD) and Hours of Service (HOS), driver coaching and fuel reports for Local Fleets and Heavy Duty trucks and Equipment.

Micronet Enertec operates through two primary companies, Enertec Systems 2001 Ltd its wholly owned subsidiary, and Micronet Ltd., in which it has a controlling interest.