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Internet of Things Inc. Reports Year-End Results & Provides Corporate Update
“In 2018, we acquired Weather Telematics as part of our strategy to consolidate data driven IoT companies. Over the past 12 months, Weather Telematics has made considerable progress with multiple paid Proof of Concepts (“POCs”) with OEM and Tier 1 automotive companies. Concurrently, the New Hope IoT Int’l Inc. Joint Venture is making progress with its recently announced Point Grab channel agreement and FreePoint pilot program,” said Ron Shuttleworth, CEO of Internet of Things Inc. “The Company is well positioned with a much stronger executive management team and a seasoned board as we continue to build out our investee companies, to find synergies and operating efficiencies and at the same time evaluating additional strategic acquisitions in the IoT and AI sectors that will drive shareholder value,” added Ron Shuttleworth.
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