CIMC and Globe Tracker Push Commercial Roll Out of Smart Technology for the Silk Road


SHENZHEN, CHINA--(Marketwired - Aug 10, 2015) - CIMC Internet of Mobile Things International Operation and Service Co., Ltd. (CIMC IOMT) and Globe Tracker International, ApS announce commercial roll out of Smart Containers, Smart Logistics and Smart Terminal products for China's Silk Road.

After announcing their partnership late last year, CIMC IOMT and Globe Tracker are now producing smart containers for CIMC customers. CIMC's Yangzhou Tonglee Special Container, Qingdao CIMC Special Reefer Co. Ltd and Nantong CIMC Transportation and Storage co, Ltd. are the first divisions within CIMC to be selling the smart products.

"The goal is to have all CIMC divisions supplying the container shipping, trucking, railway and logistics industries with global tracking, monitoring and remote asset management services and equipment. Our immediate target is China's One Belt One Road initiative," according to Dr. Shouqin Zhou of CIMC.

These CIMC smart products will be on all types of containers, but will also include trucks, truck trailers, railway cars, as well as Inland and Marine wireless terminal infrastructure and other products that will benefit from global tracking, monitoring and remote asset management services. In this collaboration with Globe Tracker, CIMC IOMT will introduce international advanced hardware technology and system platform service to the market under the CIMC brand. The partnership between CIMC and Globe Tracker will enhance the global capacity of CIMC IOMT in CIMC asset management service and demonstrate CIMC's acknowledgment of Globe Tracker's competence in remote asset management.

"We are pleased to take the next big step in the relationship between our companies. We will begin to ramp up our volumes to meet CIMC's demand and the proliferation of the technology on the Silk Road," said Jim Davis, CEO of Globe Tracker.

About CIMC Internet of Mobile Things International Operation and Service Co., Ltd.

This entity has been recently established as a subsidiary of the CIMC Intelligent Technology Company, Ltd., which is a subsidiary of China International Marine Container Company, Ltd. In general, CIMC Intelligent Technology Company develops and deploys leading intelligent technologies integrated into the parent company's products for the world market. While initially focused on smart containers and trucks, it has now expanded, reaching end-to-end across the entire supply chain and includes all types of logistics equipment.

CIMC IOMT, Ltd. has been formed as an advocate of the Internet of Things (IOT) and also as a creator of equipment for IOT. By combining traditional equipment with intelligent machine-to-machine (M2M) technologies, CIMC IOMT, Ltd. is developing intelligent systems solutions for a new generation of logistics equipment.

www.cimcssc.com

About Globe Tracker International, ApS

A privately held Danish company revolutionizing supply chain visibility and profitability, Globe Tracker opened a development center in Beijing, China in February of 2007, and now has offices and development centers in Qingdao, China; Copenhagen, Denmark; Reykjavik, Iceland; Tórshavn Faroe Islands and Melbourne, Florida in America. Globe Tracker is a leading provider of data sharing, data analytics, and global asset tracking and monitoring services and equipment. Globe Tracker offers the most advanced tracking device, the Globe Tracker® Communications Unit, and two industry-leading network offerings: The Globe Tracker® Smart Autonomous Asset Network and the Globe Tracker® Trade Data Exchange Network. These innovative solutions deliver end-to-end supply chain asset tracking and monitoring, enabling business partners to securely, selectively share trade data.

www.globetracker.com

Contact Information:

Contact:
Don Miller
Director Sales and Marketing
Globe Tracker International ApS
1-800-506-4030 ext. 5
1-647-984-4693