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McapMediaWire --Ultrack Systems Inc. (OTC: MJLB ), a totalfleet-management GPS tracking and monitoring solution provider, ispleased to provide an update regarding their ELD certification andupcoming plans for 2023.
Ultrack received detailed feedback from theapproving regulatory agency regarding the changes required to our ELDfor certification.
Ultrack's programmer and developer has advised that thesechanges required to comply with Transport Canada certification can beimplemented in a timely manner and has already begun to adjust thesoftware in accordance with the new requirements set forth byTransport Canada.
Ultrack is following a comprehensive action plan to adopt therequired changes and complete the additional tests for ultimate ELDcertification.
Ultrack's action plan includes incorporating the USAmandate into our ELD to reach a greater market share. Because all USAmandates will now be included in Ultrack's ELD, the long delay forELD certification may have a silver lining of allowing the product tobe immediately sold and used throughout all of North America.(Information regarding the US Mandate: https://eld.fmcsa.dot.gov/ )
Ultrack CEOMichael Marsbergen commented: “Ongoing real-world ELD testing in 2trucks has been very successful and our product has solved a few majorissues that currently exist within the ELD world: the length of timeto download from the backend server the drivers hours to get theirtrip started and a lack of cellular service in certain areas whichwill create a non-compliant situation. Ultrack's ELD hassuccessfully overcome these issues as it stores the drivers hours andELD data on the internal memory. Nobody is more frustrated than I amat the certification delay because I know we have a superior ELD. Iknow my competition. I know what's currently available.Ultrack's flagship ELD device is simply better.”
In other efforts theCompany is actively seeking joint-venture relationships and/oracquisitions in 2023 that are within the non-tech, recession proofsectors. Ultrack has already identified one well-established businessthat could be a seamless fit and add immediate value for ourstakeholders. Updates on this front will be forthcoming.
The Company invitescurrent and future shareholders to check back regularly at our website http://ultrack.ca , Facebookpage: and Twitter page:
About MJLB :Located in Concord, Ontario, Ultrack Systems Inc., ( www.ultrack.ca ) is a publiclytraded company listed on the OTCMARKETS under the MJLB trading symbol.Ultrack Systems Inc., is a provider of GPS tracking solutions. Wedevelop, implement, and distribute electronic monitoring and trackingsystems for companies in leasing, transportation, construction,disposal, and many other services driven industries. Our platformincludes live tracking, reports, and alerts on a web-based platform.Our mission is to provide the best fleet tracking, reporting systemsand our commitment to service. The Company plans to launch a new ELDproduct in 2022 in partnership with major corporations that will takethe trucking industry by storm.
Safe Harbor Statement: This Press Release maycontain certain forward-looking statements within the meaning of thePrivate Securities Litigation Reform Act of 1995. The Company hastried, whenever possible, to identify these forward-looking statementsusing words such as "anticipates," "believes,""estimates," "expects," "plans,""intends," "potential" and similar expressions. Thesestatements reflect the Company's current beliefs and are basedupon information currently available to it. Accordingly, suchforward-looking statements involve known and unknown risks,uncertainties and other factors which could cause the Company'sactual results, performance or achievements to differ materially fromthose expressed in or implied by such statements. The Companyundertakes no obligation to update or advise in the event of anychange, addition or alteration to the information catered in thisPress Release, including such forward-looking statements.
Email: info@ultrack.ca
Website: http://ultrack.ca
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Ultrack Systems Inc.
SteveMarsbergen
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