EQS-News: ALSO IoT Solution for Asset Tracking: Long-lasting, energy-saving and versatile in use

ALSO IoT Solution for Asset Tracking:

Long-lasting, energy-saving and versatile in use

- High precision GPS, for tracking, geofencing and display of route progress

- Energy efficient setup and competitive price

- Easy entry into the IoT business

ALSO introduces the new IoT Asset Tracking Solution featuring high precision GPS for tracking, geofencing and mapping the route history. The solution combines the tracking device with low power connectivity, giving it excellent energy efficiency with a battery life of up to seven years. The robust, waterproof housing enables use in any weather and terrain.

Via the pre-installed SIM card, all movements detected by the device are transmitted to the ALSO IoT platform so that the data is accessible to all users at all times. One year's use of the internet connection and platform is already included in the price. Its geofencing capability, initially intended for monitoring the movement of valuable goods, also provides customers with valuable insights into the radius of movement. Logistics, agriculture, construction sites are just three possible application areas where the precise tracking of moving, valuable objects is business-critical.

"The user and his needs are the starting point of every IoT solution we develop. The asset tracker is a good example of this: the end customer can use the device immediately, he only has to activate his account. For resellers, the solution is so interesting because it not only enables a long-lasting customer relationship. The use of the platform also creates opportunities for the integration of other IoT devices, for example trackers for monitoring CO2 emissions or temperature. Likewise, already existing environments can be integrated into the platform", Simone Blome-Schwitzki, Senior Vice President Solutions at ALSO, emphasizes.

The competitively priced ALSO asset tracker is available with immediate effect: https://www.allthingstalk.com/assettracking

Direct link to press release: https://www2.also.com/press/20210303en.pdf

Contact ALSO Holding AG:

Beate Flamm

Senior Vice President Communication

E-Mail: [email protected]

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) is one of the leading technology providers for the ICT industry, currently active in 24 countries in Europe and in a total of 90 countries worldwide via PaaS partners. The ALSO ecosystem offers around 110 000 resellers hardware, software and IT services from more than 700 vendors in over 1340 product categories. In the spirit of the circular economy, the company provides all services from provision to refurbishment from a single source. The Supply division comprises the transactional range of hardware and software. The Solutions division supports customers in the development of customized IT solutions. Subscription-based cloud offerings as well as platforms for cybersecurity, virtualization and AI are the focus of the Service area. For more information, visit: https://also.com. The main shareholder is the Droege Group, Düsseldorf, Germany.

About Droege Group

Droege Group (founded in 1988) is an independent advisory and investment company under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a familyequity business model. The group invests its own equity in "special opportunities" with a focus on mediumsized companies and spin-offs as well as strategically in buy & build transactions. With the guiding principle "execution - following the rules of art", the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on long-term oriented megatrends. Enthusiasm for quality, innovation and speed determines the company's actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. For more information, visit: https://droege-group.com.

Disclaimer

This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.