TrackX Inc.

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TrackX, Inc. (TSX VENTURE:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets.

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TrackX Inc.

lockPrivateGroup

TrackX, Inc. (TSX VENTURE:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-b......

people11 Members       (0)

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8020Admin

12 hours

8020Admin posted a press release TrackX Appoints John Katzenberg as Chief Financial Officer in TRACKX INC.


DENVER, July 10, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | OTC: TKXHF | FSE :3TH) (“TrackX” or the “Company), a SaaS-based enterprise asset management solution provider, is pleased to announce that John Katzenberg has joined the TrackX team as Chief Financial Officer. Mr. Katzenberg is a Harvard Business School graduate with extensive experience in M&A, capital markets, balance sheet optimization, private equity, and investment banking.


Most recently, John was the Chief Financial Officer of Johnson Storage & Moving Company, one of the largest agencies in the UNIGROUP network, where he led a team of 20 people and oversaw all finance, treasury, accounting, payroll, human resource and information technology functions. Specifically, he was responsible for identifying and implementing profit enhancement opportunities through cost rationalization, margin expansion and topline growth. Prior to joining Johnson, he led all accounting and finance activities for Corporex Colorado, a commercial real estate developer, and consulted with and invested in small companies, where he worked with management on finance, capital structure, and strategic issues. Previously, John was a Managing Director and one of the founding members of the private equity coverage group in the investment bank at Citigroup. For 16 years, he advised private equity sponsors and their portfolio companies on capital formation, mergers & acquisitions, and strategic growth initiatives.


“John’s financial background, vast experience in capital markets, operational experience and thought leadership are an ideal fit to help usher TrackX through the Company’s next phase of growth,” said Tim Harvie, TrackX CEO. “We are extremely excited to welcome John Katzenberg to the TrackX team.”


“I am very excited to be a part of the TrackX team and look forward to building upon the Company’s compelling momentum and success. I believe that my strategic and operational focus as well as prior experience will help the Company accelerate its growth and further solidify its position as a leader in Enterprise Asset Management,” added Mr. Katzenberg, TrackX CFO. “I would like to thank Tim and the TrackX Board of Directors for this opportunity.”


TrackX would like to thank Gene McConnell for his tenure as our CFO and wish him well in his future endeavors.


About TrackX


TrackX Holdings, Inc., based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the Industrial Internet of Things (IIoT) by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Chris Brumett, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION


This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


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8020Admin

1 month

8020Admin posted a press release TrackX Signs Enterprise Agreement with One of the Largest US Furniture Rental Companies in TRACKX INC.


DENVER, June 06, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V: TKX | OTC: TKXHF | FSE: 3TH) (“TrackX” or the “Company”), a SaaS-based enterprise asset management solution provider, announces that it has entered into an agreement for an enterprise-wide deployment of its Global Asset Management for Enterprises (GAME) solution for one of the largest furniture rental companies in the US. Under this agreement, TrackX will manage the shipping, receiving and rental returns for this customer.  Beyond the initial implementation, TrackX anticipates that the deployment of GAME will expand to 25 locations nationwide and represents a contract value of $1.75M upon full deployment.


“We are glad to add this customer to our growing list of top tier companies. Our industry experience combined with our ability to support multiple workflows, across multiple environments, with enterprise scalability were driving factors in this customer’s decision to engage with TrackX,” said TrackX CEO, Tim Harvie.


TrackX is seeing more demand from customers looking to track returnable and rental assets. GAME enables companies to more effectively track, manage and reconcile the shipment, receipt and billings related to rental assets and inventory. The solution will consist of RAIN RFID tags affixed to the customer’s furniture rental assets (tables, chairs, lamps, etc.) and a network of Impinj RFID readers to track the assets in and out of the customer’s facilities. The GAME platform will analyze this information based on specific workflows, ultimately driving improved inventory and billing accuracy. 


About TrackX


TrackX Holdings, Inc., based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the Industrial Internet of Things (IIoT) by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


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8020Admin

2 months

8020Admin posted a press release TrackX Holdings Inc. to Host Second Quarter Fiscal 2019 Conference Call in TRACKX INC.

DENVER, May 22, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company”), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider,  announces that the Company will release its second quarter of fiscal 2019 financial results after market close on Wednesday, May 29, 2019.


Chairman and CEO Tim Harvie and CFO Gene McConnell will host a conference call to discuss the results at 4:30pm EST on Wednesday, May 29, 2019.  All interested parties are invited to participate in this conference call and should dial the numbers below 10 minutes before the starting time.


DATE:                          Wednesday, May 29, 2019
TIME:                           4:30pm Eastern Standard Time
DIAL-IN NUMBER:      800‑895‑3361, 785‑424‑1062
CONFERENCE ID:      TrackX
REPLAY:                       www.TrackX.com            


About TrackX
TrackX Holdings, Inc., based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the Industrial Internet of Things (“IIoT”) by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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millyoga3

2 months

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8020Admin

2 months

8020Admin posted a press release Port of Oakland Extends License for Security and Compliance Solution in TRACKX INC.

DENVER, May 01, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | TKXHF:OTC | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announced the signing of a three-year contract in conjunction with a solution partner, ZDEVCO, for the delivery of its GAME (Global Asset Management for Enterprises) platform to the Port of Oakland. The Port of Oakland, one of the largest US ports, utilizes the TrackX software solution to monitor and manage access, security and port related activities. ZDEVCO, a technology partner specializing in port and marine terminal operations, plans to leverage the TrackX solution in extending its service offerings to other ports and intermodal yards nationwide. 


“As one of the nation’s largest ports, efficiency, compliance and security are top priorities for our Port of Oakland customer,” said Taso Zografos, President of ZDEVCO. “The TrackX team provides a comprehensive solution that captures and analyzes massive amounts of data from registries, internal databases, and RTLS (Real-Time Location System) hardware to manage process workflows, provide real-time visibility, maintain port security, and drive efficiency for the thousands of trucks entering the port daily.”


“We are very pleased to expand our relationship with ZDEVCO and the Port of Oakland,” stated Tim Harvie, CEO of TrackX. “TrackX is consistently working with our customers and our partners to provide innovative solutions that extend their core capabilities, automate business workflows, and deliver operating efficiency.”


TrackX’s GAME platform utilizes an RTLS (Real-time Location System) to track and manage over 1.2 million truck entries into the various Marine Terminal Operators at the port per year.   By integrating with Zebra Technologies’ WhereNet based truck identification system, TrackX helps monitor and provide real-time alerts to drayage trucks entering the port facilities.  This integration supports the Port’s STEP (Secure Truck Enrollment Program) maintaining compliance, security and access control through sharing of truck and driver information.


The GAME platform integrates and supports numerous systems and helps maintain compliance with government regulations and on-site security through a host of interfaces and workflows that ultimately provides a high degree of operational efficiency and customer service.


About TrackX


TrackX, Inc. (TSX.V:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's GAME (Global Asset Management for Enterprises) platform enables the Industrial Internet of Things by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

3 months

8020Admin posted a press release TrackX Presenting at the Planet Microcap Showcase May 1, 2019 in TRACKX INC.

DENVER, COLORADO / ACCESSWIRE / April 25, 2019 / TrackX Holdings Inc. (TSX.V: TKX | OTC PINK: TKXHF | FRANKFURT: 3TH) ("TrackX" or the "Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announced today that CEO Tim Harvie will present the Company's investment thesis on Wednesday, May 1, 2019 at the upcoming Planet MicroCap Showcase in Las Vegas, Nevada. Mr. Harvie's presentation begins at 1:30pm Pacific Time, and he will host one-on-one investor meetings the following day (May 2, 2019).


"I am looking forward to updating the investor community about our recent customer announcements and our growing pipeline of new enterprise accounts," said Mr. Harvie. "Our land and expand strategy is working, as historically we have had 91% of our customers expand beyond their initial deployment. While our SaaS revenue today was at a run-rate of $2.3 million at the end of fiscal Q1 2019, the opportunity in just our existing customers represents a significant potential increase in revenue as customers deploy across their enterprise. We look forward to providing further updates to investors at the Planet MicroCap Showcase."


About Planet MicroCap Showcase


Planet MicroCap Showcase brings together promising companies with well-known and influential microcap investors, fund managers and newsletter writers for three days of company presentations, one-on-one meetings, and networking in the nation's #1 destination for meetings and entertainment.


The conference will be held April 30 through May 2, 2019 at Bally's Hotel & Casino in Las Vegas - 3645 S Las Vegas Blvd., Las Vegas, NV 89109. For those interested in attending and meeting with management, you can register to attend here: https://planetmicrocapshowcase.com/signup


If you have any questions about the Planet MicroCap Showcase, please contact Robert Kraft at rkraft@snnwire.com (424) 227-9018, or visit planetmicrocapshowcase.com for more information.


About TrackX


TrackX, Inc. (TSX.V:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's GAME (Global Asset Management for Enterprises) platform enables the Industrial Internet of Things by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:

Gene McConnell, TrackX Holdings Inc.
<_ahref3d_22_mailto3a_investor40_trackx.com22_>investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
<_ahref3d_22_mailto3a_sean40_sophiccapital.com22_>Sean@SophicCapital.com
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company's anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


SOURCE: TrackX Holdings Inc.

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8020Admin

3 months

8020Admin posted a press release TrackX Presenting at the Spring Investor Summit on April 1 in New York City in TRACKX INC.

DENVER, CO / ACCESSWIRE / March 28, 2019 / TrackX Holdings Inc. (TSX.V: TKX, OTC PINK: TKXHF, FRANKFURT: 3TH) ("TrackX" or the "Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announced today that CEO Tim Harvie will present the Company's investment thesis at the upcoming Spring Investor Summit on April 1 at The Essex House in New York City.


"Our Anheuser-Busch InBev keg tracking deployment as well as our expansions at America's second largest auto insurance company, a global household appliance manufacturer, and at one of the world's largest beef, pork and chicken processors are some of the things we plan to talk about," said Mr. Harvie. "We're coming off a record revenue quarter, we've recently announced a solution with an international hotel chain, and our pipeline continues to grow. We're looking forward to updating investors at April's Spring Investor Summit."


Mr. Harvie will present on Monday, April 1, 2019 at 10:30am Eastern Time in Track 2. He will also host one-on-one investor meetings throughout the day.


CONFERENCE OVERVIEW AND STRUCTURE


The Spring Investor Summit (formerly The MicroCap Conference) is an exclusive event dedicated to connecting small and microcap companies with high-level, institutional and retail investors.


The Spring Investor Summit will take place in New York City at the Essex House on April 1st and 2nd. The upcoming conference will feature 200 presenting companies, 1200 institutional and retail investors, 2000 one-on-one meetings, expert speakers, and industry panels.


For our most updated list of companies, please go to our website (www.springinvestorsummit.com).


Investors - to request free registration, please go to our website (www.springinvestorsummit.com) and click the "Registration" button


SPONSORS


Regal Consulting, MSK, Proactive Investors, Marcum, Irth Communications, MZ Group, CoreIR, PCG Advisory, ICR


FOR MORE INFORMATION


Please visit: www.springinvestorsummit.com


Or, contact Ashley Allard at ashley@microcapconf.com


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's GAME (Global Asset Management for Enterprises) platform enables the Industrial Internet of Things by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company's anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


SOURCE: TrackX Holdings Inc.

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8020Admin

4 months

8020Admin posted a press release TrackX to Implement Linen Management Solution for International Hotel Chain in TRACKX INC.

DENVER, March 27, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | TKXHF:OTC | FRANKFURT:3TH) (“TrackX” or the “Company”), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced that it will deploy it’s GAME (Global Asset Management for Enterprises) solution for hotel linen and towel tracking in the first of 12 locations for a multi-national hotel chain. The solution will initially track and manage all hotel linens and towels creating visibility to inventory, reducing loss and theft, and facilitating accountability of third-party laundry service providers.


“In addition to a continued focus on our ‘Land & Expand’ strategy, we continue to add to our pipeline of new customers,” stated Tim Harvie, CEO of TrackX. “Like other industries, the hotel and hospitality industry is challenged to more effectively manage their high-valued assets. The solution showcases the configurability of the GAME platform in addressing the asset management needs of the hospitality industry. While we will initially focus on the tracking of linens and towels for this customer, the solution will easily scale to support the management of other hotel assets.”


By utilizing a network of RFID readers and antennas supplied by Alien Technology as well as handheld RFID scanners, the solution will identify RFID tagged linens as they pass through established gateways at the laundry chutes, linen storage closets and to and from laundry service providers. Comprehensive analytics will aid the customer in more effectively managing their linen inventories and ensuring accountability across their supply chain.


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's GAME (Global Asset Management for Enterprises) platform enables the Industrial Internet of Things by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

4 months

8020Admin posted a press release TrackX Reports Record Revenue for First Quarter of Fiscal 2019 Recurring Revenue Growth Anticipated in 2019 in TRACKX INC.

DENVER, Feb. 28, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | OTC: TKXHF | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announces the financial and operational highlights from its first quarter of fiscal 2019 ended December 31, 2018. All results are reported in Canadian dollars unless otherwise specified. A complete set of the December 31, 2018 Consolidated Financial Statements and Management’s Discussion & Analysis has been filed on SEDAR (www.sedar.com).


Financial Highlights for the 3-Months Ended December 31, 2018



  • Record revenue of $2.19 million versus $1.03 million in the year-ago quarter (113% increase);

  • Recurring revenue of $0.57 million versus $0.43 million in Q1 FY18 (31% increase);

  • Gross margin of 40% compared to 42% in the year-ago quarter;

  • Adjusted EBITDA loss of $0.30 million compared to a $0.58 million loss in Q1FY18;

  • Net loss of $0.82 million ($0.01/share) versus $0.94 million ($0.01/share) in Q1 FY18;

  • Cash of $900,000 and $2.38 million of debt.


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=TKX%3ACC&qmodStoryID=7553770188303101 

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8020Admin

5 months

8020Admin posted a press release TrackX Named to 2019 TSX Venture 50 Group of Top Performing Companies in TRACKX INC.

DENVER, Feb. 21, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | OTC:TKXHF | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, is pleased to announce that it has made the 2019 TSX Venture 50 in the Technology sector, a ranking of the top performers on the TSX Venture Exchange over the last year.


“2018 was a dynamic year for us, we strengthened our core sales, customer implementation and delivery teams, enhanced our products, developed more partners, and established strong business processes,” said Tim Harvie, CEO of TrackX.  “Achieving this milestone of being named to the Venture 50 is a great honor for TrackX, and I’d like to thank the entire TrackX team for its tireless efforts and its stakeholders for all of their continued support.  With acceleration of growth through existing customer expansion and new opportunities, as well as a focus on higher margin revenues, our outlook for 2019 is extremely positive and we are excited to share all of our developments with our current and future shareholders.”


As part of the award, the TSX Venture interviewed Mr. Harvie, which can be accessed here.


About TSX Venture 50


The Venture 50 are the top ten companies listed on TSX Venture Exchange in each of five major industry sectors – mining, energy & energy services, clean technology & life sciences, diversified industries and technology – based on a ranking formula with equal weighting given to market cap growth, trading volume amount and share price appreciation. All data was as of December 31, 2018. To learn more about the TSX Venture 50™ and to watch CEO video interviews visit www.tmx.com/venture50.  


About TrackX


TrackX, Inc. (TSX.V:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

6 months

8020Admin posted a press release TrackX Welcomes Leadership Veteran Rick Kasch to the Board of Directors in TRACKX INC.

DENVER, Jan. 24, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced that Rick Kasch, a seasoned C-suite veteran of both the private and public sectors, has joined the Company’s Board of Directors. Mr. Kasch will also serve as the TrackX Audit Committee Chairman.


Mr. Kasch brings significant leadership and Board level experience to the TrackX team. He has served 20 years in the roles of CEO and COO, and 19 years as CFO and Treasurer across several industries including Oil and Gas, Hospitality, Technology Development and Professional Services. Most recently, Mr. Kasch was the CEO and Chairman of the Board for Enservco Corporation, a Denver based oil and gas field services company.  Prior to his work with Enservco, he held CFO positions at XAware, SI International, Park Suite Corporation, BHC and TSCentral. He also served as the President, Operations, North America for ITT Sheraton.


“I'm very excited and honored to be joining the Board of TrackX. My goal is to bring my extensive C-suite experience in various industries to assist the Company's dynamic management team in taking the Company to the next level. TrackX is poised to enhance its position as the industry leader and generate significant value for its shareholders,” said Rick Kasch.


“We are very pleased to have Rick as our newest member of the Board,” said Tim Harvie, CEO of TrackX. “His extensive leadership, financial and Board level experience will be a tremendous asset to TrackX at this stage of our growth. Rick’s knowledge of software development and professional services will also help us as we continue to further our leadership position in the delivery of Enterprise Asset Management solutions to our customers. Experience in Oil and Gas and Hospitality will also prove valuable as TrackX begins to consider opportunities in these industries.” 


Mr. Kasch will be replacing Darren Devine, who is leaving the Board to pursue other interests.  TrackX management and Board members thank Mr. Devine for his contributions to the Company and to the Board.


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

6 months

8020Admin posted a press release TrackX Completes Phase 1 Deployment for America's Second Largest Insurance Company in TRACKX INC.

First Phase Deployed across 16 Locations, Supporting over 115,000 Assets


DENVER, Jan. 17, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced that it has successfully completed the phase 1 deployment of TrackX GAME (Global Asset Management for Enterprises) throughout America’s second largest insurance company.  The GAME deployment focuses on IT Asset Management (ITAM) for the customer and supports more than 115,000 assets under management across 16 administrative facilities and data centers.  The successful “Go Live” leverages the implementation of TrackX Connect in order to integrate with BMC Helix Remedy (“BMC”), an industry-leading IT service management solution. Tight integration with BMC ensures that all changes within BMC are synchronized with TrackX GAME including all activities and events regarding the physical movement of assets. The net result is real-time asset visibility, accurate asset inventory and improved audit compliance for the customer.


“Our client’s commitment to an enterprise deployment of GAME along with the integration to BMC Remedy OnDemand has created a valuable IT Asset Management platform that provides real-time, accurate asset count, location, lifecycle management, and cost calculations to streamline audit and compliance procedures,” stated Tim Harvie, CEO of TrackX. “TrackX is committed to continuous innovation, and this integration to BMC Remedy OnDemand is a tremendous step for the company to demonstrate the GAME platform’s value and flexibility.”


Completing the first phase of this customer deployment highlights another example of TrackX’s commitment to its “Land & Expand” strategy, providing value both today and into the future for our customers.  With SaaS-based deployment, multi-location support, complex workflow processing,  ease of integration, and business analytics, GAME continues to be a leader in complex Enterprise Asset Management deployments.


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


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8020Admin

7 months

8020Admin posted a press release TrackX Announces Major Solution Expansion with Global Household Appliance Manufacturer in TRACKX INC.

DENVER, Dec. 03, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced another major expansion. An existing TrackX customer, one of the largest appliance manufacturers in the United States, will expand its current TrackX Yard Management solution to an additional 8 facility locations in the United States for a total of 11 facilities.  To date, TrackX’s GAME (Global Asset Management for Enterprises) platform has been successfully installed in 3 locations, including at the customer’s operational headquarters in the United States.  This new expansion of an additional 8 locations is planned to be completed by October 2019.


“The customer really understands the value of a technology-enabled supply chain to provide the very best experience to their customers,” said Tim Harvie, CEO of TrackX. “Through continued collaboration with the customer team, we will continue to demonstrate the full value of TrackX’s enterprise asset management solutions. We look forward to introducing additional features, functions, and workflows that hopefully will lead to a further expansion of GAME in support of other supply chain initiatives within this leading appliance manufacturer’s operations.” 


The initial installation of the TrackX Yard Management solution for this customer represents one of the largest implementations completed by the Company to date.  Comprised of 6 buildings, 15 yard trucks, and more than 1,000 trailers on site at any one time, the installation validates TrackX’s ability to accommodate very large and complex environments.  Now installed at 3 sites, the TrackX solution has provided the results and process efficiencies anticipated by the customer and is flexible enough to support the customer’s current and future business requirements.  Among the many benefits realized are improved equipment utilization, efficient labor management, increased dock efficiency, a reduction in carrier detention charges, improved security, improved gate operations, accurate inventory, and labor savings across all yard related business processes.


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

9 months

8020Admin posted a press release TrackX Wins Enterprise Expansion Deal for One of the World's Largest Food Companies in TRACKX INC.

TrackX now Services Three of the Top Six Food and Beverage Companies


DENVER, Oct. 25, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX FRANKFURT: 3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced a major expansion of its current implementation of its GAME (Global Asset Management for Enterprises) platform to manage yard operations for a Fortune 100 client. The customer, which is the world's second largest processor and marketer of chicken, beef, and pork, has chosen to expand TrackX’s solution from 8 currently installed locations to all 17 beef and pork locations.  This expansion is expected to be completed by June 2019.


The existing implementation of the TrackX yard management solution manages all functions related to dock, yard and gate by leveraging RFID tags and readers throughout the facility, along with GPS locationing on the hostlers or shunt trucks to efficiently position transport trailers where needed within the facility. From the existing implementations, the customer has realized many key benefits which led to the decision to expand the TrackX solution, including:



  • Shunt driver efficiencies resulting in labor reductions and increased capacity

  • Trailer temperature and fuel auditing through the TrackX product protection module to ensure the refrigerated units are operating at correct temperatures

  • Real-time visibility to all the trailers in the yard using a color coded map view to easily determine number of empty, loaded or out of service trailers

  • Dynamic task dispatching to optimize the assignment of trailer move tasks to shunt drivers

  • Integration with the transportation management system utilizing TrackX Connect,  eliminating manual entry and related errors

  • Business analytics through TrackX Insight providing managers with real-time information, operational dashboards, and KPI’s to more effectively manage yard operations


“We are excited to be servicing three of the top six food and beverage companies with our asset management solutions,” said TrackX President and CEO, Tim Harvie. “Not only is our ‘Land and Expand’ strategy continuing to succeed across various customers, but GAME is demonstrating value that drives customers to make GAME the system of record for yard management. Our ability to scale enterprise-wide, demonstrate interoperability and bring TrackX solutions to other areas of this client’s operations was a key determining factor for this expansion.”


About TrackX


TrackX, Inc. (TSX VENTURE:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

9 months

8020Admin posted a press release TrackX and Velociti Formalize Strategic Partnership and Platform Integration in TRACKX INC.

DENVER, Oct. 16, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX VENTURE:TKX; FRANKFURT: 3TH) ("TrackX" or the "Company), a SaaS-based enterprise asset management solution provider, today announced a strategic partnership with Velociti, a leading provider of technology deployment and support services. Under this partnership, Velociti and TrackX will jointly undertake efforts to market and deploy TrackX’s GAME (Global Asset Management for Enterprises) platform, hardware, and related services to a broad spectrum of industries including transportation and logistics, beverage and brewery, technology, insurance, and automotive.


“As a leader in the Enterprise Asset Management space, TrackX’s solutions represent a tremendous opportunity for our customer base,  especially for those companies in the transportation, distribution and supply chain arena,” said Deryk Powell, President of Velociti. “The scalability and flexibility of the TrackX solution platform will allow for future growth as new opportunities emerge.  Our partnership will also allow companies to leverage Velociti’s post deployment support programs, ensuring peak hardware performance and reducing overall costs.”


“Velociti’s commitment to customer service aligns nicely with that of TrackX. Their nationwide installation and service coverage will be leveraged to augment TrackX’s existing implementation and delivery capacity. Velociti’s post implementation hardware support offerings will also be utilized to free up many of our internal resources from hardware related activities to focus on new software and solution opportunities,” said Tim Harvie, CEO of TrackX. “In partnership with Velociti, we expect TrackX solution offerings to generate additional revenue opportunities and increase communication within Velociti’s existing customer base.”


About Velociti


Velociti is a global provider of technology deployment and project management services, specializing in a broad range of technology products. Velociti’s experience allows enterprise level technology consumers to maximize ROI as a result of leveraging expert, rapid deployment. Velociti clients include many Fortune 500 companies from a wide variety of market segments including transportation, retail, distribution, manufacturing, healthcare, government, education, food service and public venues. For more information, please visit www.velociti.com.


About TrackX


TrackX, Inc. (TSX VENTURE:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

10 months

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TrackX Inc.

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TrackX, Inc. (TSX VENTURE:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets.

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TrackX Inc.

lockPrivateGroup

TrackX, Inc. (TSX VENTURE:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-b......

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8020Admin

12 hours

8020Admin posted a press release TrackX Appoints John Katzenberg as Chief Financial Officer in TRACKX INC.


DENVER, July 10, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | OTC: TKXHF | FSE :3TH) (“TrackX” or the “Company), a SaaS-based enterprise asset management solution provider, is pleased to announce that John Katzenberg has joined the TrackX team as Chief Financial Officer. Mr. Katzenberg is a Harvard Business School graduate with extensive experience in M&A, capital markets, balance sheet optimization, private equity, and investment banking.


Most recently, John was the Chief Financial Officer of Johnson Storage & Moving Company, one of the largest agencies in the UNIGROUP network, where he led a team of 20 people and oversaw all finance, treasury, accounting, payroll, human resource and information technology functions. Specifically, he was responsible for identifying and implementing profit enhancement opportunities through cost rationalization, margin expansion and topline growth. Prior to joining Johnson, he led all accounting and finance activities for Corporex Colorado, a commercial real estate developer, and consulted with and invested in small companies, where he worked with management on finance, capital structure, and strategic issues. Previously, John was a Managing Director and one of the founding members of the private equity coverage group in the investment bank at Citigroup. For 16 years, he advised private equity sponsors and their portfolio companies on capital formation, mergers & acquisitions, and strategic growth initiatives.


“John’s financial background, vast experience in capital markets, operational experience and thought leadership are an ideal fit to help usher TrackX through the Company’s next phase of growth,” said Tim Harvie, TrackX CEO. “We are extremely excited to welcome John Katzenberg to the TrackX team.”


“I am very excited to be a part of the TrackX team and look forward to building upon the Company’s compelling momentum and success. I believe that my strategic and operational focus as well as prior experience will help the Company accelerate its growth and further solidify its position as a leader in Enterprise Asset Management,” added Mr. Katzenberg, TrackX CFO. “I would like to thank Tim and the TrackX Board of Directors for this opportunity.”


TrackX would like to thank Gene McConnell for his tenure as our CFO and wish him well in his future endeavors.


About TrackX


TrackX Holdings, Inc., based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the Industrial Internet of Things (IIoT) by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Chris Brumett, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION


This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


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8020Admin

1 month

8020Admin posted a press release TrackX Signs Enterprise Agreement with One of the Largest US Furniture Rental Companies in TRACKX INC.


DENVER, June 06, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V: TKX | OTC: TKXHF | FSE: 3TH) (“TrackX” or the “Company”), a SaaS-based enterprise asset management solution provider, announces that it has entered into an agreement for an enterprise-wide deployment of its Global Asset Management for Enterprises (GAME) solution for one of the largest furniture rental companies in the US. Under this agreement, TrackX will manage the shipping, receiving and rental returns for this customer.  Beyond the initial implementation, TrackX anticipates that the deployment of GAME will expand to 25 locations nationwide and represents a contract value of $1.75M upon full deployment.


“We are glad to add this customer to our growing list of top tier companies. Our industry experience combined with our ability to support multiple workflows, across multiple environments, with enterprise scalability were driving factors in this customer’s decision to engage with TrackX,” said TrackX CEO, Tim Harvie.


TrackX is seeing more demand from customers looking to track returnable and rental assets. GAME enables companies to more effectively track, manage and reconcile the shipment, receipt and billings related to rental assets and inventory. The solution will consist of RAIN RFID tags affixed to the customer’s furniture rental assets (tables, chairs, lamps, etc.) and a network of Impinj RFID readers to track the assets in and out of the customer’s facilities. The GAME platform will analyze this information based on specific workflows, ultimately driving improved inventory and billing accuracy. 


About TrackX


TrackX Holdings, Inc., based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the Industrial Internet of Things (IIoT) by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


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8020Admin

2 months

8020Admin posted a press release TrackX Holdings Inc. to Host Second Quarter Fiscal 2019 Conference Call in TRACKX INC.

DENVER, May 22, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company”), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider,  announces that the Company will release its second quarter of fiscal 2019 financial results after market close on Wednesday, May 29, 2019.


Chairman and CEO Tim Harvie and CFO Gene McConnell will host a conference call to discuss the results at 4:30pm EST on Wednesday, May 29, 2019.  All interested parties are invited to participate in this conference call and should dial the numbers below 10 minutes before the starting time.


DATE:                          Wednesday, May 29, 2019
TIME:                           4:30pm Eastern Standard Time
DIAL-IN NUMBER:      800‑895‑3361, 785‑424‑1062
CONFERENCE ID:      TrackX
REPLAY:                       www.TrackX.com            


About TrackX
TrackX Holdings, Inc., based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the Industrial Internet of Things (“IIoT”) by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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millyoga3

2 months

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8020Admin

2 months

8020Admin posted a press release Port of Oakland Extends License for Security and Compliance Solution in TRACKX INC.

DENVER, May 01, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | TKXHF:OTC | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announced the signing of a three-year contract in conjunction with a solution partner, ZDEVCO, for the delivery of its GAME (Global Asset Management for Enterprises) platform to the Port of Oakland. The Port of Oakland, one of the largest US ports, utilizes the TrackX software solution to monitor and manage access, security and port related activities. ZDEVCO, a technology partner specializing in port and marine terminal operations, plans to leverage the TrackX solution in extending its service offerings to other ports and intermodal yards nationwide. 


“As one of the nation’s largest ports, efficiency, compliance and security are top priorities for our Port of Oakland customer,” said Taso Zografos, President of ZDEVCO. “The TrackX team provides a comprehensive solution that captures and analyzes massive amounts of data from registries, internal databases, and RTLS (Real-Time Location System) hardware to manage process workflows, provide real-time visibility, maintain port security, and drive efficiency for the thousands of trucks entering the port daily.”


“We are very pleased to expand our relationship with ZDEVCO and the Port of Oakland,” stated Tim Harvie, CEO of TrackX. “TrackX is consistently working with our customers and our partners to provide innovative solutions that extend their core capabilities, automate business workflows, and deliver operating efficiency.”


TrackX’s GAME platform utilizes an RTLS (Real-time Location System) to track and manage over 1.2 million truck entries into the various Marine Terminal Operators at the port per year.   By integrating with Zebra Technologies’ WhereNet based truck identification system, TrackX helps monitor and provide real-time alerts to drayage trucks entering the port facilities.  This integration supports the Port’s STEP (Secure Truck Enrollment Program) maintaining compliance, security and access control through sharing of truck and driver information.


The GAME platform integrates and supports numerous systems and helps maintain compliance with government regulations and on-site security through a host of interfaces and workflows that ultimately provides a high degree of operational efficiency and customer service.


About TrackX


TrackX, Inc. (TSX.V:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's GAME (Global Asset Management for Enterprises) platform enables the Industrial Internet of Things by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

3 months

8020Admin posted a press release TrackX Presenting at the Planet Microcap Showcase May 1, 2019 in TRACKX INC.

DENVER, COLORADO / ACCESSWIRE / April 25, 2019 / TrackX Holdings Inc. (TSX.V: TKX | OTC PINK: TKXHF | FRANKFURT: 3TH) ("TrackX" or the "Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announced today that CEO Tim Harvie will present the Company's investment thesis on Wednesday, May 1, 2019 at the upcoming Planet MicroCap Showcase in Las Vegas, Nevada. Mr. Harvie's presentation begins at 1:30pm Pacific Time, and he will host one-on-one investor meetings the following day (May 2, 2019).


"I am looking forward to updating the investor community about our recent customer announcements and our growing pipeline of new enterprise accounts," said Mr. Harvie. "Our land and expand strategy is working, as historically we have had 91% of our customers expand beyond their initial deployment. While our SaaS revenue today was at a run-rate of $2.3 million at the end of fiscal Q1 2019, the opportunity in just our existing customers represents a significant potential increase in revenue as customers deploy across their enterprise. We look forward to providing further updates to investors at the Planet MicroCap Showcase."


About Planet MicroCap Showcase


Planet MicroCap Showcase brings together promising companies with well-known and influential microcap investors, fund managers and newsletter writers for three days of company presentations, one-on-one meetings, and networking in the nation's #1 destination for meetings and entertainment.


The conference will be held April 30 through May 2, 2019 at Bally's Hotel & Casino in Las Vegas - 3645 S Las Vegas Blvd., Las Vegas, NV 89109. For those interested in attending and meeting with management, you can register to attend here: https://planetmicrocapshowcase.com/signup


If you have any questions about the Planet MicroCap Showcase, please contact Robert Kraft at rkraft@snnwire.com (424) 227-9018, or visit planetmicrocapshowcase.com for more information.


About TrackX


TrackX, Inc. (TSX.V:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's GAME (Global Asset Management for Enterprises) platform enables the Industrial Internet of Things by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:

Gene McConnell, TrackX Holdings Inc.
<_ahref3d_22_mailto3a_investor40_trackx.com22_>investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
<_ahref3d_22_mailto3a_sean40_sophiccapital.com22_>Sean@SophicCapital.com
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company's anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


SOURCE: TrackX Holdings Inc.

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8020Admin

3 months

8020Admin posted a press release TrackX Presenting at the Spring Investor Summit on April 1 in New York City in TRACKX INC.

DENVER, CO / ACCESSWIRE / March 28, 2019 / TrackX Holdings Inc. (TSX.V: TKX, OTC PINK: TKXHF, FRANKFURT: 3TH) ("TrackX" or the "Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announced today that CEO Tim Harvie will present the Company's investment thesis at the upcoming Spring Investor Summit on April 1 at The Essex House in New York City.


"Our Anheuser-Busch InBev keg tracking deployment as well as our expansions at America's second largest auto insurance company, a global household appliance manufacturer, and at one of the world's largest beef, pork and chicken processors are some of the things we plan to talk about," said Mr. Harvie. "We're coming off a record revenue quarter, we've recently announced a solution with an international hotel chain, and our pipeline continues to grow. We're looking forward to updating investors at April's Spring Investor Summit."


Mr. Harvie will present on Monday, April 1, 2019 at 10:30am Eastern Time in Track 2. He will also host one-on-one investor meetings throughout the day.


CONFERENCE OVERVIEW AND STRUCTURE


The Spring Investor Summit (formerly The MicroCap Conference) is an exclusive event dedicated to connecting small and microcap companies with high-level, institutional and retail investors.


The Spring Investor Summit will take place in New York City at the Essex House on April 1st and 2nd. The upcoming conference will feature 200 presenting companies, 1200 institutional and retail investors, 2000 one-on-one meetings, expert speakers, and industry panels.


For our most updated list of companies, please go to our website (www.springinvestorsummit.com).


Investors - to request free registration, please go to our website (www.springinvestorsummit.com) and click the "Registration" button


SPONSORS


Regal Consulting, MSK, Proactive Investors, Marcum, Irth Communications, MZ Group, CoreIR, PCG Advisory, ICR


FOR MORE INFORMATION


Please visit: www.springinvestorsummit.com


Or, contact Ashley Allard at ashley@microcapconf.com


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's GAME (Global Asset Management for Enterprises) platform enables the Industrial Internet of Things by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company's anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


SOURCE: TrackX Holdings Inc.

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8020Admin

4 months

8020Admin posted a press release TrackX to Implement Linen Management Solution for International Hotel Chain in TRACKX INC.

DENVER, March 27, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | TKXHF:OTC | FRANKFURT:3TH) (“TrackX” or the “Company”), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced that it will deploy it’s GAME (Global Asset Management for Enterprises) solution for hotel linen and towel tracking in the first of 12 locations for a multi-national hotel chain. The solution will initially track and manage all hotel linens and towels creating visibility to inventory, reducing loss and theft, and facilitating accountability of third-party laundry service providers.


“In addition to a continued focus on our ‘Land & Expand’ strategy, we continue to add to our pipeline of new customers,” stated Tim Harvie, CEO of TrackX. “Like other industries, the hotel and hospitality industry is challenged to more effectively manage their high-valued assets. The solution showcases the configurability of the GAME platform in addressing the asset management needs of the hospitality industry. While we will initially focus on the tracking of linens and towels for this customer, the solution will easily scale to support the management of other hotel assets.”


By utilizing a network of RFID readers and antennas supplied by Alien Technology as well as handheld RFID scanners, the solution will identify RFID tagged linens as they pass through established gateways at the laundry chutes, linen storage closets and to and from laundry service providers. Comprehensive analytics will aid the customer in more effectively managing their linen inventories and ensuring accountability across their supply chain.


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's GAME (Global Asset Management for Enterprises) platform enables the Industrial Internet of Things by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

4 months

8020Admin posted a press release TrackX Reports Record Revenue for First Quarter of Fiscal 2019 Recurring Revenue Growth Anticipated in 2019 in TRACKX INC.

DENVER, Feb. 28, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | OTC: TKXHF | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announces the financial and operational highlights from its first quarter of fiscal 2019 ended December 31, 2018. All results are reported in Canadian dollars unless otherwise specified. A complete set of the December 31, 2018 Consolidated Financial Statements and Management’s Discussion & Analysis has been filed on SEDAR (www.sedar.com).


Financial Highlights for the 3-Months Ended December 31, 2018



  • Record revenue of $2.19 million versus $1.03 million in the year-ago quarter (113% increase);

  • Recurring revenue of $0.57 million versus $0.43 million in Q1 FY18 (31% increase);

  • Gross margin of 40% compared to 42% in the year-ago quarter;

  • Adjusted EBITDA loss of $0.30 million compared to a $0.58 million loss in Q1FY18;

  • Net loss of $0.82 million ($0.01/share) versus $0.94 million ($0.01/share) in Q1 FY18;

  • Cash of $900,000 and $2.38 million of debt.


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=TKX%3ACC&qmodStoryID=7553770188303101 

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8020Admin

5 months

8020Admin posted a press release TrackX Named to 2019 TSX Venture 50 Group of Top Performing Companies in TRACKX INC.

DENVER, Feb. 21, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | OTC:TKXHF | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, is pleased to announce that it has made the 2019 TSX Venture 50 in the Technology sector, a ranking of the top performers on the TSX Venture Exchange over the last year.


“2018 was a dynamic year for us, we strengthened our core sales, customer implementation and delivery teams, enhanced our products, developed more partners, and established strong business processes,” said Tim Harvie, CEO of TrackX.  “Achieving this milestone of being named to the Venture 50 is a great honor for TrackX, and I’d like to thank the entire TrackX team for its tireless efforts and its stakeholders for all of their continued support.  With acceleration of growth through existing customer expansion and new opportunities, as well as a focus on higher margin revenues, our outlook for 2019 is extremely positive and we are excited to share all of our developments with our current and future shareholders.”


As part of the award, the TSX Venture interviewed Mr. Harvie, which can be accessed here.


About TSX Venture 50


The Venture 50 are the top ten companies listed on TSX Venture Exchange in each of five major industry sectors – mining, energy & energy services, clean technology & life sciences, diversified industries and technology – based on a ranking formula with equal weighting given to market cap growth, trading volume amount and share price appreciation. All data was as of December 31, 2018. To learn more about the TSX Venture 50™ and to watch CEO video interviews visit www.tmx.com/venture50.  


About TrackX


TrackX, Inc. (TSX.V:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

6 months

8020Admin posted a press release TrackX Welcomes Leadership Veteran Rick Kasch to the Board of Directors in TRACKX INC.

DENVER, Jan. 24, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced that Rick Kasch, a seasoned C-suite veteran of both the private and public sectors, has joined the Company’s Board of Directors. Mr. Kasch will also serve as the TrackX Audit Committee Chairman.


Mr. Kasch brings significant leadership and Board level experience to the TrackX team. He has served 20 years in the roles of CEO and COO, and 19 years as CFO and Treasurer across several industries including Oil and Gas, Hospitality, Technology Development and Professional Services. Most recently, Mr. Kasch was the CEO and Chairman of the Board for Enservco Corporation, a Denver based oil and gas field services company.  Prior to his work with Enservco, he held CFO positions at XAware, SI International, Park Suite Corporation, BHC and TSCentral. He also served as the President, Operations, North America for ITT Sheraton.


“I'm very excited and honored to be joining the Board of TrackX. My goal is to bring my extensive C-suite experience in various industries to assist the Company's dynamic management team in taking the Company to the next level. TrackX is poised to enhance its position as the industry leader and generate significant value for its shareholders,” said Rick Kasch.


“We are very pleased to have Rick as our newest member of the Board,” said Tim Harvie, CEO of TrackX. “His extensive leadership, financial and Board level experience will be a tremendous asset to TrackX at this stage of our growth. Rick’s knowledge of software development and professional services will also help us as we continue to further our leadership position in the delivery of Enterprise Asset Management solutions to our customers. Experience in Oil and Gas and Hospitality will also prove valuable as TrackX begins to consider opportunities in these industries.” 


Mr. Kasch will be replacing Darren Devine, who is leaving the Board to pursue other interests.  TrackX management and Board members thank Mr. Devine for his contributions to the Company and to the Board.


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

6 months

8020Admin posted a press release TrackX Completes Phase 1 Deployment for America's Second Largest Insurance Company in TRACKX INC.

First Phase Deployed across 16 Locations, Supporting over 115,000 Assets


DENVER, Jan. 17, 2019 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced that it has successfully completed the phase 1 deployment of TrackX GAME (Global Asset Management for Enterprises) throughout America’s second largest insurance company.  The GAME deployment focuses on IT Asset Management (ITAM) for the customer and supports more than 115,000 assets under management across 16 administrative facilities and data centers.  The successful “Go Live” leverages the implementation of TrackX Connect in order to integrate with BMC Helix Remedy (“BMC”), an industry-leading IT service management solution. Tight integration with BMC ensures that all changes within BMC are synchronized with TrackX GAME including all activities and events regarding the physical movement of assets. The net result is real-time asset visibility, accurate asset inventory and improved audit compliance for the customer.


“Our client’s commitment to an enterprise deployment of GAME along with the integration to BMC Remedy OnDemand has created a valuable IT Asset Management platform that provides real-time, accurate asset count, location, lifecycle management, and cost calculations to streamline audit and compliance procedures,” stated Tim Harvie, CEO of TrackX. “TrackX is committed to continuous innovation, and this integration to BMC Remedy OnDemand is a tremendous step for the company to demonstrate the GAME platform’s value and flexibility.”


Completing the first phase of this customer deployment highlights another example of TrackX’s commitment to its “Land & Expand” strategy, providing value both today and into the future for our customers.  With SaaS-based deployment, multi-location support, complex workflow processing,  ease of integration, and business analytics, GAME continues to be a leader in complex Enterprise Asset Management deployments.


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.


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8020Admin

7 months

8020Admin posted a press release TrackX Announces Major Solution Expansion with Global Household Appliance Manufacturer in TRACKX INC.

DENVER, Dec. 03, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced another major expansion. An existing TrackX customer, one of the largest appliance manufacturers in the United States, will expand its current TrackX Yard Management solution to an additional 8 facility locations in the United States for a total of 11 facilities.  To date, TrackX’s GAME (Global Asset Management for Enterprises) platform has been successfully installed in 3 locations, including at the customer’s operational headquarters in the United States.  This new expansion of an additional 8 locations is planned to be completed by October 2019.


“The customer really understands the value of a technology-enabled supply chain to provide the very best experience to their customers,” said Tim Harvie, CEO of TrackX. “Through continued collaboration with the customer team, we will continue to demonstrate the full value of TrackX’s enterprise asset management solutions. We look forward to introducing additional features, functions, and workflows that hopefully will lead to a further expansion of GAME in support of other supply chain initiatives within this leading appliance manufacturer’s operations.” 


The initial installation of the TrackX Yard Management solution for this customer represents one of the largest implementations completed by the Company to date.  Comprised of 6 buildings, 15 yard trucks, and more than 1,000 trailers on site at any one time, the installation validates TrackX’s ability to accommodate very large and complex environments.  Now installed at 3 sites, the TrackX solution has provided the results and process efficiencies anticipated by the customer and is flexible enough to support the customer’s current and future business requirements.  Among the many benefits realized are improved equipment utilization, efficient labor management, increased dock efficiency, a reduction in carrier detention charges, improved security, improved gate operations, accurate inventory, and labor savings across all yard related business processes.


About TrackX


TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

9 months

8020Admin posted a press release TrackX Wins Enterprise Expansion Deal for One of the World's Largest Food Companies in TRACKX INC.

TrackX now Services Three of the Top Six Food and Beverage Companies


DENVER, Oct. 25, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX FRANKFURT: 3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced a major expansion of its current implementation of its GAME (Global Asset Management for Enterprises) platform to manage yard operations for a Fortune 100 client. The customer, which is the world's second largest processor and marketer of chicken, beef, and pork, has chosen to expand TrackX’s solution from 8 currently installed locations to all 17 beef and pork locations.  This expansion is expected to be completed by June 2019.


The existing implementation of the TrackX yard management solution manages all functions related to dock, yard and gate by leveraging RFID tags and readers throughout the facility, along with GPS locationing on the hostlers or shunt trucks to efficiently position transport trailers where needed within the facility. From the existing implementations, the customer has realized many key benefits which led to the decision to expand the TrackX solution, including:



  • Shunt driver efficiencies resulting in labor reductions and increased capacity

  • Trailer temperature and fuel auditing through the TrackX product protection module to ensure the refrigerated units are operating at correct temperatures

  • Real-time visibility to all the trailers in the yard using a color coded map view to easily determine number of empty, loaded or out of service trailers

  • Dynamic task dispatching to optimize the assignment of trailer move tasks to shunt drivers

  • Integration with the transportation management system utilizing TrackX Connect,  eliminating manual entry and related errors

  • Business analytics through TrackX Insight providing managers with real-time information, operational dashboards, and KPI’s to more effectively manage yard operations


“We are excited to be servicing three of the top six food and beverage companies with our asset management solutions,” said TrackX President and CEO, Tim Harvie. “Not only is our ‘Land and Expand’ strategy continuing to succeed across various customers, but GAME is demonstrating value that drives customers to make GAME the system of record for yard management. Our ability to scale enterprise-wide, demonstrate interoperability and bring TrackX solutions to other areas of this client’s operations was a key determining factor for this expansion.”


About TrackX


TrackX, Inc. (TSX VENTURE:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

9 months

8020Admin posted a press release TrackX and Velociti Formalize Strategic Partnership and Platform Integration in TRACKX INC.

DENVER, Oct. 16, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX VENTURE:TKX; FRANKFURT: 3TH) ("TrackX" or the "Company), a SaaS-based enterprise asset management solution provider, today announced a strategic partnership with Velociti, a leading provider of technology deployment and support services. Under this partnership, Velociti and TrackX will jointly undertake efforts to market and deploy TrackX’s GAME (Global Asset Management for Enterprises) platform, hardware, and related services to a broad spectrum of industries including transportation and logistics, beverage and brewery, technology, insurance, and automotive.


“As a leader in the Enterprise Asset Management space, TrackX’s solutions represent a tremendous opportunity for our customer base,  especially for those companies in the transportation, distribution and supply chain arena,” said Deryk Powell, President of Velociti. “The scalability and flexibility of the TrackX solution platform will allow for future growth as new opportunities emerge.  Our partnership will also allow companies to leverage Velociti’s post deployment support programs, ensuring peak hardware performance and reducing overall costs.”


“Velociti’s commitment to customer service aligns nicely with that of TrackX. Their nationwide installation and service coverage will be leveraged to augment TrackX’s existing implementation and delivery capacity. Velociti’s post implementation hardware support offerings will also be utilized to free up many of our internal resources from hardware related activities to focus on new software and solution opportunities,” said Tim Harvie, CEO of TrackX. “In partnership with Velociti, we expect TrackX solution offerings to generate additional revenue opportunities and increase communication within Velociti’s existing customer base.”


About Velociti


Velociti is a global provider of technology deployment and project management services, specializing in a broad range of technology products. Velociti’s experience allows enterprise level technology consumers to maximize ROI as a result of leveraging expert, rapid deployment. Velociti clients include many Fortune 500 companies from a wide variety of market segments including transportation, retail, distribution, manufacturing, healthcare, government, education, food service and public venues. For more information, please visit www.velociti.com.


About TrackX


TrackX, Inc. (TSX VENTURE:TKX), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.


For more information, please contact:


Gene McConnell, TrackX Holdings Inc.
investor@trackx.com
303-325-7300


Sean Peasgood, Sophic Capital
Sean@SophicCapital.com 
647-361-8358


Neither TSX Venture Exchange nor its Regulations 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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.

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8020Admin

10 months

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