(TheNewswire)
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Water-TraX is Total Telcom’sproprietary satellitetelemetry device specifically designed for water management andenvironmental monitoring
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The Agreement will be Total Telecom’s first global product launchand will allow the Company to rapidly expand its customer base andrecurring revenues without additional marketing and salesexpenditures
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Shipments of the first Water-TraX products are expected to commence infiscal Q1 2024
Kelowna, B.C. - TheNewswire- July 10 , 2023 – TotalTelcom Inc . (TSXV:TTZ) (OTC:TTLTF)(“ Total Telcom ” or the “Company ”), a leading developer andprovider of remote asset monitoring and tracking products andservices, announces it has entered into a non-exclusive, private labelmanufacturing and supply agreement (the “Agreement”) with aleading global instrument technology company (the“Partner”).
Under the terms of the Agreement, Total Telcom willsupply the Partner with its user-branded Water-TraX hardware and software telematics solutions. The Partner willthen sell these products to its own wide-ranging global customer base.Additional terms of the Agreement dictate that Total Telcom will hostthe website and retain all communication revenues.
Water-TraX is Total Telcom’s proprietary advanced satellitetelemetry device operating on the Iridium Global SatelliteConstellation, specifically designed for water management andenvironmental monitoring. Water-TraX has multiple industrial andenvironmental applications as it can be used to track and measure thequality and frequency of water and air/wind and weather patterns, soilerosion, moisture, and chemical applications.
This strategic partnership marks an important milestone for TotalTelcom as it will be the Company’s first global product launch.Worldwide, climate change is contributing to environmental issues thatare driving up the demand for advanced water and weather datamonitoring solutions that are beyond the limited coverage oftraditional cellular based telemetry systems. The global launch ofWater-TraX provides the most cost effective, versatile, and easy toinstall satellite telemetry system for advanced water and weathermonitoring.
The Water-TraX product provides Total Telcom with two revenue streams,stemming from both the sale of the Water-TraX hardware and ongoingrecurring revenues from corresponding data tracking and monitoringservices.
The Company anticipates the shipment of the first order of theWater-TraX hardware to its Partner to commence in the first fiscalquarter of 2024.
Neil Magrath, CEO of Total Telcom commented,"After dedicating 18 months to the development of our proprietaryWater-TraX technology, this pivotal milestone is an example of howquickly our product is gaining industry acceptance and approval. Weare working with a number of other major instrument manufacturers, andit is these types of unique partnerships that are key to our growthstrategy as they allow Total Telcom to expand into global markets withscale. We are committed to providing our Partner with the mostinnovative and effective telematics solutions , and we look forward to aproductive and successful partnership.”
About Total Telcom
Total Telcom, through its wholly owned subsidiary ROM CommunicationsInc. (ROM) is a leading developer and provider of remote assetmonitoring and tracking products and services throughout NorthAmerica. ROM specializes in the development of innovative wirelesscommunications that provide low cost, high tech monitoring, trackingand remote control solutions for commercial, industrial and consumerapplications. ROM is uniquely positioned and qualified to delivercomplete web to wireless solutions that enable companies andorganizations to remotely monitor, track and control their fixed andmobile assets with a web browser from any Internet enabled PC.Products and services are based on ROM’s web to wireless technologyand proprietary 2nd generation hardware & software marketed asTextAnywhere, ROM Controllers, ROMTraX, MotoTraX, TraX, DataTraX,WaterTraX, SiteTraX, CamTraX and AlarmTraX. These modules are wirelessmodems that utilize microcomputers integrated with sensors, GPSengines and various inputs and outputs and interfaced by the userthrough the Internet. ROM is an authorized airtime reseller andhardware developer for satellite, cellular and wireless IP Networks.
Water-TraX is Total Telcom’s proprietary advanced satellitetelemetry device, designed specifically for water management &environmental monitoring.
By incorporating smarter electronics with the power topre-process the data in the field, store the raw data and implementnear real time alarms, Water-TraX can reduce thesize and frequency of satellite transmissions withoutcompromise.
For additional information on Water-TraX,visit www.water-trax.com/
For additional information on TotalTelcom,visit www.totaltelcom.com
Contact Information
Neil Magrath, CEO
1-250-860-3762
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