Micronet Inc. Receives Follow-On $800,000 Purchase Order For Mobile Rugged Tablets

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TREQ-VMI Rugged Tablet to be deployed in the Heavy Construction MRM Market Segment Aggregate Amount of Purchase Order from This Client to Date Reaches $1.6 million -- This order is an addition to a previous 800K$ order received during the closing period, total of 1.6M$ received from this customer -- David Lucatz, Chairman: "We continue the momentum, expanding our penetration to new and growing MRM vertical markets." MONTVALE, N.J., July 1, 2014 /PRNewswire/ -- Micronet Enertec Technologies, Inc.
MICT
, today announced that its subsidiary Micronet Inc, received an additional purchase order totaling $800,000 for its fully portable rugged mobile computing device from a U.S. based MRM service provider. This order follows a previous $800,000 order received before the closing of the recent acquisition announced. The MRM customer is a leading service provider specializing in Heavy Construction Mobile Resource Management (MRM) solutions as well as in-cab applications for quoting, billing, tracking, alerts, time and attendance, proof of delivery and order management for the contractor and hauler vertical markets. Deliveries are expected to continue till the end of 2014. The TREQ-VMI is a rugged portable developed for both in-cab and out-of-cabin operations and is fully integrated into corporate information systems. David Lucatz, Chairman and CEO of Micronet Enertec Inc, stated: "We are expanding our penetration to new, growing MRM verticals. Recently we announced the order for the Transit segment, and now we are excited to follow up with a new order in Heavy Construction, a market well-suited for our rugged TREQ-VMI field-level tablet."
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