Try our mobile app

Weather Telematics Conducting Two Automotive Industry Proofs-of-Concept

Published: 2019-02-28 12:00:00 ET
<<<  go to ITT company page

TORONTO and OTTAWA, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Internet of Things Inc. (TSX-V: ITT; OTC: INOTF; FRANKFURT: 7IT) ("IoT Inc." or the "Company") invests in data-driven industrial IoT companies that deliver significant benefit to the verticals they serve. The Company is pleased to announce that its wholly-owned subsidiary, Weather Telematics Inc. ("WTX"), has been selected to participate in "proof-of-concept" (POC) pilot programs with two global automotive industry leaders.

For further information, contact:

Internet of Things Inc.

Ron Shuttleworth, Chief Executive Officer

Mobile: (647) 500-7371

Email: Rshuttleworth@iotintl.com

or visit: www.iotintl.com

Weather Telematics Inc.

Michael Keefe, Chief Strategy Officer

Mobile: (416) 580-6559

Email: mkeefe@weathertelematics.com

or visit: www.weathertelematics.com

Cautionary and Forward-Looking Statements

Statements contained in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results of the Company to differ materially from the conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include, but are not limited to factors referenced in the Company's other continuous disclosure filings, which are available at sedar.com. Readers should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

NEITHER THE 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

Source: Internet of Things Inc.