Boston, MA 08/25/2014 (wallstreetpr) – According to reports, Pointer Telocation Limited (NASDAQ:PNTR) has been awarded a $1.3 million worth of supply chain contract which will enable it to provide cargo tracking solutions for African customers. PNTR is a leading developer, operator and manufacturer of Mobile Resource Management (MRM) solutions. The project will enable the company to support African economy.
Objective of the supply chain contract:
The company expects to start realizing revenues in the second half of the 2014. The main objective of the contract is to integrating and coordinating trade activities in terms of cargo tracking, information exchange and monitoring every movement of goods in the country. Pointer Telocation Limited (NASDAQ:PNTR) wants to bring trade efficiency, competitiveness and cooperation in the African region through this initiative.
It is not a hidden fact that African countries are not considered the best option when it comes to trading of physical goods that involve delivery from one country to another country. The main reason behind this insecurity is but the inefficiency of the local authorities to stop illegal activities. The advanced cargo monitoring and tracking devices offered by the Pointer Telocation Limited (NASDAQ:PNTR) will ensure a safe and secure delivery of goods from one place to another.
PNTR is a well-known company on the international level for CelloTrack-T product line which is used in various high-value mobiles and provides high-quality remote tracking and monitoring services. It offers not only tracking and monitoring, but also provides communication, maintenance and various location-based services.
The CelloTrack-T family units of Pointer Telocation Limited (NASDAQ:PNTR) use an advanced algorithm for power management and extension of battery life period. The positioning engine of these units is based on the SiRFstarIV, which ensures a sound tracking and acquisition performance. These units are also equipped with the dual tampering detection and improved IP67 enclosure mechanism. The management of PNTR is very excited about this project and expects to have a fruitful experience in the coming months.
