The pharmaceutical market is adopting Pointer's IoT solutions

Posted in:
Pointer IoT - Nano

The IoT solutions of Pointer Telelocation, a subsidiary of PawerFleet, have been adopted by the Israeli pharmaceutical and food market

PowerFleet, Inc. (NASDAQ: PWFL), a global leader and provider of subscription-based wireless internet (IoT) solutions and devices for high-value enterprise security, control, tracking, and asset management, announced that its subsidiary Pointer Telelocation Inc., a leading provider of technology services and solutions for a wide range of location-based applications, has experienced significant momentum over the past year by driving global IoT innovation in the pharmaceutical and food distribution market.

Pointer has leveraged its best IoT solutions and signed several new agreements with various pharmaceutical, food and agricultural companies.

 

LogistiPharm

Pointer's IoT solution was selected by LogisticPharm for monitoring and controlling temperature and humidity during the storage and distribution of medicines to its customers.

LogisticPharm specializes in distributing and shipping medical equipment and medicines throughout Israel, while complying with the strict regulatory conditions defined by the Israeli Ministry of Health. With a network of drug storage services, transportation to stores and pharmaceutical departments, LogisticPharm is required to ensure the highest and safest quality control for all products. Pointer was tasked with ensuring reliable and professional service in accordance with regulatory standards. Pointer's technology monitors and controls temperature and humidity conditions throughout the storage and distribution processes to ensure the safety of all goods during transportation.

 

Hafuz Distribution

Hafouz Distribution specializes in providing a variety of courier and distribution services to institutional, business and private customers alike. It also serves as a subcontractor of a leading medical cannabis company in Israel, which transfers medical cannabis from logistics centers to licensed pharmacies.

Pointer's IoT solution was chosen for monitoring the temperature of medical cannabis shipments to ensure quality control and regulatory compliance.

Pointer's system provides real-time data and alerts regarding the storage conditions of the goods, locating and tracking vehicles, including opening and closing the safe where medical cannabis is stored. Pointer's technology supports the stringent standards required to transport medical cannabis.

 

Bactochem laboratories

Becktochem is a leading Israeli laboratory that provides advanced analytical and biological testing services with applications in microbiology, chemistry and phytopathology. It serves the water, environmental, agricultural and pharmaceutical sectors in Israel. Pointer's IoT solution was chosen to monitor and control the temperature of samples stored in refrigerators, freezers, refrigeration rooms and clean rooms.

 

Vertical Field

Vertical Field is a leading ag-tech company that develops innovative solutions for growing agricultural produce. Using state-of-the-art technology. The company grows agricultural produce and produces clean agriculture under optimal conditions with minimal maintenance. Pointer was selected by Vertical Field to provide IoT sensors to monitor and manage the temperature and humidity of produce grown in containers.

Maintaining a proper climate in these containers maintains the production of quality produce, and prepares it for sale in food chains in the US and around the world.

 

Pointer's CelloTrack Nano, a smart cellular communication device that provides real-time information. The system reports precise location data and includes a smart wireless hub and sensors that operate with Bluetooth Low Energy technology.

The sensitive sensors are suitable for monitoring high-value goods, in the supply chain process, by detecting changes in a wide range of parameters, including temperature, humidity, light and magnetism. All solutions remain compliant with regulatory requirements and regulations in the Israeli pharmaceutical sector (GAMP5, FDA 21 CFR Part11, EU Annex 11, and Israeli Ministry of Health Procedure 126).

Pointer integrates IoT solutions in Israel in the production lines of leading customers in the pharma and food industries, in control of drug supply by leading manufacturers and pharma chains, in control of refrigerated refrigerators and as a solution in the field of equipment control in the agricultural industry. Solutions are integrated into advanced software, dashboards and user applications.

 

Cellotrack Nano Nano Multisense

 

About PowerFleet

PowerFleet® Inc. (NASDAQ: PWFL; Tel Aviv Stock Exchange: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for security, control, tracking, and management of high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices around the world. PowerFleet's patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs and improve profitability. Our offerings are sold under the global PowerFleet, Pointer and Cellocator brands. For more information, please visit www.powerfleet.com website, the content of which is not part of this press release.

 

Cautionary Note on Forward-Looking Statements

THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS" (WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "EXCHANGE ACT"), WHICH MAY INCLUDE INFORMATION RELATING TO OUR BELIEFS, PLANS, PURPOSES, EXPECTATIONS, STRATEGIES, ASSUMPTIONS, ESTIMATES, INTENT, FUTURE EVENTS, FUTURE REVENUES OR PERFORMANCE, CAPITAL EXPENDITURES AND OTHER NON-HISTORICAL INFORMATION. FORWARD-LOOKING STATEMENTS INCLUDE KNOWN AND UNKNOWN RISKS, UNCERTAINTY AND OTHER FACTORS, WHICH MAY BE OUTSIDE OUR CONTROL, AND WHICH MAY CAUSE OUR ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED IN OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. THESE RISKS AND UNCERTAINTIES ARE DETAILED FROM TIME TO TIME IN OUR FILING WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING OUR ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2019. ALL FORWARD-LOOKING STATEMENTS ATTRIBUTABLE TO US OR PERSONS ACTING ON OUR BEHALF APPLY ONLY FROM THE DATE THEY ARE FILED AND ARE EXPRESSLY QUALIFIED IN THEIR ENTIRETY BY THE WARNING STATEMENTS CONTAINED IN THIS PRESS RELEASE. EXCEPT AS REQUIRED BY LAW, WE UNDERTAKE NO OBLIGATION TO UPDATE OR MODIFY ANY FORWARD-LOOKING STATEMENT TO REFLECT EVENTS OR CIRCUMSTANCES OCCURRING AFTER THE DATE THEY ARE MADE OR TO REFLECT THE OCCURRENCE OF UNFORESEEN EVENTS, OR OTHERWISE.

 

 

Pointer IoT Monitoring and Control System

 

 

 

 

PowerFleet Contact

NED MABRUTINIS, CFO

NMavrommatis@powerfleet.com

(201) 996-9000

 

 

PowerFleet Media Contact

POWERFLEET N6A

powerfleet@n6a.com

 

 

Contact person in the field of PowerFleet investors

Matt Glover

Gateway Investor Relations

PWFL@gatewayIR.com

(949) 574-3860

 

Let's proceed together

Accessibility menu