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Ultrack Unveils Plans To Achieve Strategic Expansion Within European Fleet Markets Through Teltonika Product Line
Ultrack Unveils Plans To Achieve Strategic Expansion Within European Fleet Markets Through Teltonika Product Line.
About this update from Ultrack Systems, Inc.
[{"type":"text","content":"\n Concord, Ontario, July 26, 2021 (GLOBE NEWSWIRE) -- Ultrack Systems Inc. (OTC Pink: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company is making strides to expand Ultrack's product line within key European fleet markets with Teltonika hardware (https://teltonika-networks.com). Ultrack CEO Marsbergen commented: \"We are in the process of adding the complete Teltonika line of products to our fleet tracking platform which opens up a huge market in Europe. Speaking of Europe they are in the process of finalizing their Tachograph mandate for their trucking market. We look forward to adapting our DrivelineELD to that market once our North American certification is in place. \"Tachograph\" is very similar to the ELD mandate in keeping a record of driver hours based on the data from the trucks engine control module.\" From Fortune Business Insights: Europe holds the largest market share of digital tachographs and is projected to dominate in forecast period owning to the early adoption of advanced technology, rapid implementation of these devices in vehicles by various OEMs in this region. Also, Europe is the first to introduce digital tachograph devices in their country. Many companies in this region are investing heavily in research to develop latest technological components for vehicles. NORTH AMERICAN ELD UPDATE Ultrack continues on with the DrivelineELD project and the testing process continues to progress toward completion and ultimate approval. The tests that remain are few but most of these remaining tests require a 24-hours testing cycle. Ultrack submitted updated paperwork and NDA for ELD last week with a new government certified testing agency. This new testing process will also be certifying the DrivelineELD for the USA market at the same time; therefore, when the Ultrack product hits the market, it will be certified for use in both the USA and Canada, immediately. CEO Marsbergen concluded: \"One Driveline ELD device will perform multiple protocols and change between Canadian and USA mandates automatically upon border crossing. I maintain that our device will be an industry disruptor and likely to become the new standard in fleet tracking and management. Our product simply does more while offering easy options for using different options.\" About MJLB: Loc...