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Water-TraX is Total Telcom’s proprietary satellite telemetry device specifically designed for water management and environmental monitoring
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The Agreement will be Total Telecom’s first global product launch and will allow the Company to rapidly expand its customer base and recurring revenues without additional marketing and sales expenditures
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Shipments of the first Water-TraX products are expected to commence in fiscal Q1 2024
Kelowna, B.C. – TheNewswire – July 10, 2023 – Total Telcom Inc. (TSXV:TTZ) (OTC:TTLTF) (“Total Telcom” or the “Company”), a leading developer and provider of remote asset monitoring and tracking products and services, announces it has entered into a non-exclusive, private label manufacturing and supply agreement (the “Agreement”) with a leading global instrument technology company (the “Partner”).
Under the terms of the Agreement, Total Telcom will supply the Partner with its user-branded Water-TraX hardware and software telematics solutions. The Partner will then sell these products to its own wide-ranging global customer base. Additional terms of the Agreement dictate that Total Telcom will host the website and retain all communication revenues.
Water-TraX is Total Telcom’s proprietary advanced satellite telemetry device operating on the Iridium Global Satellite Constellation, specifically designed for water management and environmental monitoring. Water-TraX has multiple industrial and environmental applications as it can be used to track and measure the quality and frequency of water and air/wind and weather patterns, soil erosion, moisture, and chemical applications.
This strategic partnership marks an important milestone for Total Telcom as it will be the Company’s first global product launch. Worldwide, climate change is contributing to environmental issues that are driving up the demand for advanced water and weather data monitoring solutions that are beyond the limited coverage of traditional cellular based telemetry systems. The global launch of Water-TraX provides the most cost effective, versatile, and easy to install satellite telemetry system for advanced water and weather monitoring.
The Water-TraX product provides Total Telcom with two revenue streams, stemming from both the sale of the Water-TraX hardware and ongoing recurring revenues from corresponding data tracking and monitoring services.
The Company anticipates the shipment of the first order of the Water-TraX hardware to its Partner to commence in the first fiscal quarter of 2024.
Neil Magrath, CEO of Total Telcom commented, “After dedicating 18 months to the development of our proprietary Water-TraX technology, this pivotal milestone is an example of how quickly our product is gaining industry acceptance and approval. We are working with a number of other major instrument manufacturers, and it is these types of unique partnerships that are key to our growth strategy as they allow Total Telcom to expand into global markets with scale. We are committed to providing our Partner with the most innovative and effective telematics solutions, and we look forward to a productive and successful partnership.”
About Total Telcom
Total Telcom, through its wholly owned subsidiary ROM Communications Inc. (ROM) is a leading developer and provider of remote asset monitoring and tracking products and services throughout North America. ROM specializes in the development of innovative wireless communications that provide low cost, high tech monitoring, tracking and remote control solutions for commercial, industrial and consumer applications. ROM is uniquely positioned and qualified to deliver complete web to wireless solutions that enable companies and organizations to remotely monitor, track and control their fixed and mobile assets with a web browser from any Internet enabled PC. Products and services are based on ROM’s web to wireless technology and proprietary 2nd generation hardware & software marketed as TextAnywhere, ROM Controllers, ROMTraX, MotoTraX, TraX, DataTraX, WaterTraX, SiteTraX, CamTraX and AlarmTraX. These modules are wireless modems that utilize microcomputers integrated with sensors, GPS engines and various inputs and outputs and interfaced by the user through the Internet. ROM is an authorized airtime reseller and hardware developer for satellite, cellular and wireless IP Networks.
Water-TraX is Total Telcom’s proprietary advanced satellite telemetry device, designed specifically for water management & environmental monitoring.
By incorporating smarter electronics with the power to pre-process the data in the field, store the raw data and implement near real time alarms, Water-TraX can reduce the size and frequency of satellite transmissions without compromise.
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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