The recipients were recognized this week at
the company's annual customer conference for their exemplary
innovation and business transformation in their respective
fields
WOODCLIFF LAKE, N.J., May 16, 2024
/PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today has
announced the winners of its first-ever Customer Awards at
Heartbeat, its annual customer conference, now in its second year.
This year's event gathered customers and partners in Chicago, Illinois to discuss the future of
artificial intelligence of things (AIoT) and the Powerfleet
data science-led solutions that are driving the unification of
operations for business improvement.
"This event is a perfect opportunity for the Powerfleet team to
source firsthand insights from our customers that will help enhance
our mission-critical solutions and customer experience. With my
newly established position following the Powerfleet and MiX
Telematics business combination, we're more committed than ever to
building upon our customer-first approach to partnership," said
Catherine Lewis, Chief Customer
Officer at Powerfleet. "Throughout the conference this week, we
have seen the value of the community we're continuing to grow as we
help our customers move rapidly along their path to success."
New to this year's conference, the Customer Awards honor the
trailblazers implementing AIoT solutions from Powerfleet to achieve
excellence across safety, sustainability, and data utilization.
The Customer Awards are presented to the top company in each of
the four categories: Safety, Sustainability, AIoT Innovator, and
Overall Excellence:
- Safety First Award: Awarded to
Nucor, for enhancing safety metrics and fostering an
entrenched culture of safety. Nucor's proactive approach goes
beyond compliance, it reflects a genuine commitment to the welfare
of their employees and the communities they serve.
- Green Award: Cardiff Bus received the award for their
efforts in fleet sustainability by leveraging our technology to
achieve their goal of zero emissions. Through a revolutionary
program with their driving academy, they've enhanced their drivers'
performance and familiarization of driving EV buses to achieve
their objective.
- AIoT Innovator Award: Awarded to IMC
Companies for their skilled use of Powerfleet Unity data
insights to improve business operations. After facing technology
challenges from supporting different systems, assets, and
processes, this unified approach has reduced operational
inefficiencies and IT resource requirements, and delivered faster
ROI.
- Excellence Award: Walmart is
recognized for their exemplary integration and utilization of
Powerfleet solutions. Their complex supply chain demands accurate,
timely, and actionable data to drive decisions, and with these
solutions, they've been able to deliver industry-leading and
breakthrough solutions for many years.
For more information on how Powerfleet is helping customers by
unifying business operations, please visit: www.powerfleet.com.
ABOUT POWERFLEET
Powerfleet (Nasdaq: PWFL; JSE: PWR;
TASE: PWFL) is a global leader in the artificial intelligence of
things (AIoT) software-as-a-service (SaaS) mobile asset industry.
With more than 30 years of experience, Powerfleet unifies business
operations through the ingestion, harmonization, and integration of
data, irrespective of source, and delivers actionable insights to
help companies save lives, time, and money. Powerfleet's ethos
transcends our data ecosystem and commitment to innovation; our
people-centric approach empowers our customers to realize impactful
and sustained business improvement. The company is headquartered in
New Jersey, United States, with offices around the globe.
Explore more at www.powerfleet.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This press release contains forward-looking
statements within the meaning of federal securities laws.
Forward-looking statements may be identified by words such as
"expect," "anticipate," "intend," "plan," "may," "will," "could,"
"should," "believes," "predicts," "potential," "continue," and
similar expressions. Forward-looking statements include statements
with respect to Powerfleet's beliefs, plans, goals, objectives,
expectations, anticipations, assumptions, estimates, intentions,
and future performance, and involve known and unknown risks,
uncertainties and other factors, which may be beyond Powerfleet's
control, and which may cause its actual results, performance or
achievements to be materially different from future results,
performance or achievements expressed or implied by such
forward-looking statements. All statements other than statements of
historical fact are statements that could be forward-looking
statements. For example, forward-looking statements include
statements regarding the proposed transaction with MiX Telematics;
prospects for additional customers; potential contract values;
market forecasts; projections of earnings, revenues, synergies,
accretion, or other financial information; emerging new products;
and plans, strategies, and objectives of management for future
operations, including growing revenue, controlling operating costs,
increasing production volumes, and expanding business with core
customers. The risks and uncertainties referred to above include,
but are not limited to, future economic and business conditions,
the ability to recognize the anticipated benefits of the
transaction with MiX Telematics; the loss of key customers or
reduction in the purchase of products by any such customers, the
failure of the market for Powerfleet's products to continue to
develop, the inability to protect Powerfleet's intellectual
property, the inability to manage growth, the effects of
competition from a variety of local, regional, national and other
providers of wireless solutions, risks related to the proposed
transaction with MiX Telematics and other risks detailed from time
to time in Powerfleet's filings with the Securities and Exchange
Commission ("SEC"), including but not limited to those described
under the heading "Risk Factors" in its annual reports on Form
10-K, quarterly reports on Form 10-Q and any other filings made
with the SEC from time to time, which are available via the SEC's
website at http://www.sec.gov, including Powerfleet's most recent
annual report on Form 10-K. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
indicated or anticipated by these forward-looking statements.
Therefore, you should not rely on any of these forward-looking
statements. These risks could cause actual results to differ
materially from those expressed in any forward-looking statements
made by, or on behalf of, Powerfleet.
The forward-looking statements included in this press release
are made only as of the date of this press release, and except as
otherwise required by applicable securities law, Powerfleet assumes
no obligation, nor does Powerfleet intend to publicly update or
revise any forward-looking statements to reflect subsequent events
or circumstances. Unless otherwise required by applicable law,
Powerfleet assumes no obligation to update the information
contained in this press release, and expressly disclaims any
obligation to do so, whether a result of new information, future
events, or otherwise.
Powerfleet Investor Contacts
Jody Burfening and Carolyn Capaccio
LHA Investor Relations
AIOTIRTeam@lhai.com
Powerfleet Media Contact
Andrea Hayton
ahayton@powerfleet.com
+1 (610) 401-1999
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SOURCE Powerfleet