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MiX by Powerfleet introduces industry first connected asset solution

Las Vegas, NV – September 8, 2016 – MiX by Powerfleet (NYSE: MIXT), a leading global provider of fleet and mobile asset management solutions, is introducing a unique, industry-first asset tracking solution for moveable assets.

MiX Tabs will provide customers with a highly effective solution to keep track of valuable assets including generators, light towers, storage tanks and pumps. This will allow for increased visibility of assets, resulting in improved asset utilization and reduced loss.

MiX Tabs leverages a unique and secure company network that is formed by connecting tagged assets to vehicles equipped with MiX’s on-board computers. A customer’s fleet reports the last-known location along with a date and time stamp of the tagged assets as they pass by.

Catherine Lewis, Executive Vice President of Technology at MiX by Powerfleet explains: “These details are captured by our MiX Fleet Manager solution, which allows customers to view the whereabouts of assets as well as when the asset was last spotted. In addition, MiX’s reporting suite adds even further value, allowing reports to be generated from historic data to show when assets were moved from one location to another. This also helps ensure assets never go ‘missing’ and are always allocated to the correct cost center.”

Customers using MiX Tabs will have increased visibility of their assets and the necessary intelligence to ensure optimal utilization.

“MiX Tabs is an extremely innovative and cost-effective asset tracking solution. The self-powered beacons are wireless, easy to install and last for three years or more. As global leaders in the telematics industry, we have listened to our customers’ needs and provided an industry first solution that gives them more control and oversight. This is an exciting new addition to MiX’s broad product range, and we are looking forward to harnessing the power thereof to helping our customers become more efficient,” says Lewis

About MiX by Powerfleet

MiX by Powerfleet develops and implements connected fleet and mobile asset management solutions for customers across the globe. Our SaaS enabled software is developed to meet our customers’ requirements and aims to build long-term partnerships.

Founded in 1996, our heritage spans more than 25 years. Built on a solid foundation of deep-rooted expertise, we continue to hone our fleet management capabilities that are underpinned by innovation. This is evident throughout our product portfolio that meets the breadth of modern fleet challenges in an evolving industry.

Our products and services reach more than 120 countries and are supported by a prolific network of 130 channel partners and regional offices in 8 countries.

Contact MiX by Powerfleet to discuss how we can solve your fleet management problems and increase efficiency, sustainability, security, compliance and safety.

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