TrackX becomes central source for vehicle inventory information
TrackX Control Tower leveraged for reporting and analytics
Integration with multiple operational systems
Vehicles are tracked via GPS tags
Driving logistics savings and delivery efficiencies
DENVER, Sept. 20, 2021 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSXV:TKX), (OTC:TKXHF), (FSE:3TH) (“TrackX” or the “Company), a leading provider of real-time end-to-end asset tracing, tracking and collaboration solutions announced today that global powersports leader, Polaris Inc., has selected the Company’s technology platform as its corporate vehicle inventory system of record. This announcement represents a significant expansion of the two companies’ long-standing partnership and demonstrates the return on investment that TrackX, a fully integrated hardware and cloud-based supply chain platform, delivers to Polaris.
Included in this expansion, TrackX becomes the source of record for vehicle inventory by integrating with multiple systems and disparate GPS-tracking systems. TrackX Control Tower analytics software will now be integrated with Polaris’ core data warehouse, extending visibility and decision support to hundreds of Polaris employees every day.
An industry leader like Polaris depends on locating and delivering vehicles to customers quickly and as cost-effectively as possible. By leveraging the TrackX solution and GPS tags on each vehicle, Polaris gains real-time visibility to every vehicle within its inventory. The TrackX solution will provide Polaris with a central source of vehicle inventory information, and the tools needed to help reduce delivery times, mitigate losses, and drive logistics cost savings.
“Polaris has been a wonderful partner for TrackX over the past couple of years because we’ve been able to work together to deliver supply chain efficiency and a better end-consumer experience, said Tim Harvie, CEO of TrackX. “Having an industry leader such as Polaris entrust our firm for their vehicle inventory tracking and reporting attests to the strength of TrackX’s capabilities.”
TrackX, Inc. (TSX.V: TKX), based in Denver, Colorado, is the SaaS-based enterprise tracing, tracking & collaboration solution that leading brands trust to achieve more sustainable and better performing supply chains. TrackX solutions are built on an enterprise scalable and fully customizable platform that leverages a broad array of RFID, IoT (Internet of Things) and Sensor Technologies to provide item level visibility to customers across a broad array of industries, including food, beverage, brewery, automotive, retail, financial services, technology and government. For more information, visit www.trackx.com.
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. With annual 2020 sales of USD$7.0 billion, Polaris’ high-quality product line-up includes the Polaris RANGER, RZR and GENERAL side-by-side off-road vehicles; Sportsman all-terrain off-road vehicles; Indian Motorcycle mid-size and heavyweight motorcycles; Slingshot moto-roadsters; snowmobiles; and deck, cruiser and pontoon boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, garments and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts. Polaris’ presence in adjacent markets includes military and commercial off-road vehicles, quadricycles, and electric vehicles. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com.
For more information, please contact:
Marc Spezialy, TrackX Holdings Inc.
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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.