Micronet Enertec Technologies (NASDAQ: MICT) this morning said its Mobile Resource Management (MRM) subsidiary, Micronet Inc., has received a purchase order valued at approximately $800,000 from a leading American school bus fleet management solutions provider for the company’s all-in-one TREQ®-317. TREQ®-317 is an Android tablet designed to improve efficiency, manage the time and attendance of K-12 fleet drivers, improve vehicle maintenance by using the engine diagnostics and fault code alerts, optimize bus routes, and manage student ridership. The company expects to fulfill the order during the second quarter of 2017. “This marks Micronet’s first order for our all-in-one TREQ®-317 product which supports LTE 4th generation cellular networks. Our development team is rapidly working to meet evolving market demands and plans to release additional new and exciting products later this year,” Micronet CEO Ken Wiesner stated in the news release.
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About Micronet Enertec Technologies, Inc.
Micronet Enertec Technologies, Inc. (MICT) provides high tech solutions for severe environments and the battlefield, including missile defense technologies for Aerospace & Defense and rugged mobile devices for the growing commercial Mobile Resource Management (MRM) market. MICT designs, develops, manufactures and supplies customized military computer-based systems, simulators, automatic test equipment and electronic instruments, addressing the defense industry. Solutions and systems are integrated into critical systems such as command and control, missile fire control, maintenance of military aircraft and missiles for the Israeli Air Force, Israeli Navy and by foreign defense entities. MICT’s MRM division develops, manufactures and provides mobile computing platforms for the mobile logistics management market in the U.S., Europe and Israel. American-manufactured systems are designed for outdoor and challenging work environments in trucking, distribution, logistics, public safety and construction. For more information, please visit: www.micronet-enertec.com.
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