MICT - MICT rallies on subsidiary securing initial 100 SmartCam units order

MICT's (MICT) +10.6% PM, majority-owned subsidiary Micronet received an initial order for 100 units of its pioneering, all-in-one video telematics device SmartCam for a pilot test to be conducted by one of the largest telematics service providers in the world.North-America based customer is estimated to have hundreds of thousands of trucks in its network.Micronet is also negotiating a large-scale commercial supply contract with the customer."Having also won orders with a global telematics customer in August and secured an initial order from one of the world's largest truck manufacturers last week, we are very excited about the significant momentum Micronet is building," CEO Darren Mercer commented.

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MICT rallies on subsidiary securing initial 100 SmartCam units order