New Australasia Distribution Partnership

REACH

t42 IoT Tracking Solutions plc("t42" or the "Company") 

New Distribution Partnership in the Australasia Region

Further Expansion of Global Reach

t42 IoT Tracking Solutions plc ("t42" or the "Company"), a leading provider of real-time tracking, monitoring and security solutions for the global container and freight market, announces a new distribution partnership across Australia and New Zealand with engineering and innovative software business Relegen Pty Ltd ("Relegen").

This agreement is for the development and deployment of t42's products across Australasia combining the Company's solutions with Relegen's software platforms.

The combination of t42's IoT sensing and communications technologies and Relegen's integration and analytics capabilities will enable the delivery of comprehensive monitoring and asset intelligence solutions for sectors including government and public safety, defence and maritime operations, emergency services, infrastructure and utilities, and commercial and industrial asset management.

Relegen is engaged in asset management, systems integration and technology deployment services, including the provision of analytics, monitoring and operational intelligence solutions through its assetDNA platform and related services. It has built a reputation for delivering engineering excellence and innovative software solutions to solve complex issues across defence, mining and asset-intensive industry sectors.

Avi Hartmann, CEO of t42, commented: "We are delighted to have secured a partnership with Relegen, further strengthening our ability to target a range of growth sectors across Australasia. We have a targeted approach to expanding our reach, and the quality of our partners is testament to the versatility of our products which provide proven, reliable IoT solutions to track, secure, and manage assets worldwide.

"We are focused on delivering quality end-to-end monitoring solutions and believe that the combination of key technologies and platforms provides a compelling low cost route to market as we focus on leveraging our core competencies to grow our product ecosystem across the globe."

Contacts:

Notes to Editors

t42 IoT Tracking Solutions plc (AIM: TRAC), formerly Starcom Systems plc, provides real-time tracking, analysis, monitoring, and security IoT solutions for the global container and freight market and covers 55 countries, over 100 distributors, and 50 logistics and support partners.

t42's multi-sensor IoT tracking devices use a wide range of detection capabilities with cloud-based analytics and alerts, with real-time data transmission, analysis, and actionable insights. Its devices are used by ports, cargo owners, shipping companies, freight forwarders, insurance companies, customs authorities, homeland security, and police for end-to-end global container tracking and digital transformation of shipments.

For more information on the Company, please visit: www.t42.co.uk/.