TrackX Inc.

TrackX Inc.

May 09, 2016 12:29 ET

TrackX Partners with Quest Solution to Accelerate Asset Tracking Implementations in North America

DENVER, COLORADO--(Marketwired - May 9, 2016) - TrackX Inc. a leading provider of RFID-enabled asset tracking and supply chain management solutions, announced today its partnership with Quest Solution, one of North America's largest mobility systems integrators for the industry's leading hardware manufacturers.

Quest focuses on the design, deployment and support of fully integrated enterprise mobile solutions. The core markets serviced by Quest includes retail, distribution, manufacturing, healthcare and logistics for a Fortune 500 company customer base that includes Apple, Bridgestone/Firestone, Safeway, Sherwin Williams, Ingersoll Rand, Cardinal Health, Penske Logistics, Delta Faucets, Tractor Supply, McKesson and AmerisourceBergen.

"Quest is one of the largest solution providers in North America, and they have acute knowledge in the utilization of scanning and mobility solutions which incorporate auto-id technologies such as RFID, GPS and the emerging world of sensors," says Tim Harvie, President and CEO of TrackX. "With thousands of customers and more than 20 years of experience in the delivery of auto-id and mobility solutions, Quest has the expertise and geographical coverage to support the delivery of TrackX solutions across a growing customer base in Canada and the US. This mutually beneficial partnership provides a strong catalyst for TrackX revenue growth moving forward."

"The demand for cloud-based, enterprise scalable asset tracking and inventory management solutions is increasing at a rapid rate. Through our TrackX partnership, Quest is able to expand its offering with solutions to address this demand and deliver significant value to our customers," says George Zicman, Senior Vice President of Sales at Quest Solution. "TrackX will expand upon its implementation capacity and be in a position to accelerate deployments across a growing number of Fortune 500 customers by tapping into the resources and capability provided by Quest Solution."

TrackX's AssetTrack platform incorporates workflow processing and event management and powerful analytics to deliver solutions across a growing number of industries. Today those solutions include yard and distribution center management, mobile inventory management, returnable asset management, high-value asset tracking and manufacturing work in process tracking. While the Internet of Things is reshaping the way humans interact with devices, the partnership between TrackX and Quest Solution represents the next wave in solutions within the Industrial Internet of Things where man-to machine and machine-to-machine interaction is occurring on a significantly larger global scale.

TrackX and Quest Recently at RFID Journal Live!

TrackX and Quest recently co-presented at RFID Journal LIVE!, held May 3-5 at the Orange County Convention Center in Orlando, Fla. The event is the world's largest event focused on radio frequency identification and related technologies. "This year's event was the most well attended I've ever seen and the participation at the Quest-TrackX booth was unprecedented," says Harvie. "It was a validation that the industry is truly demanding scalable, enterprise solutions for integrated asset tracking and inventory management within the cloud."

About Quest Solution, Inc

Quest Solution is a Specialty Systems Integrator focused on Field and Supply Chain Mobility. Quest is also a manufacturer and distributor of consumables (labels, tags, and ribbons), RFID solutions and barcoding printers. Founded in 1994, Quest is headquartered in Eugene, Oregon, with offices in the United States and Canada.

Rated in the Top 1% of global solution providers, Quest specializes in the design, deployment and management of enterprise mobility solutions including Automatic Identification (AIDC), Mobile Cloud Analytics, RFID (Radio Frequency Identification) and proprietary Mobility software. Our mobility products and services offering is designed to identify, track, trace, share and connect data to enterprise systems such as CRM or ERP solutions. Our customers are leading Fortune 500 companies from several sectors including manufacturing, retail, distribution, food / beverage, transportation and logistics, health care and chemicals / gas / oil.

Additional information about the Company and investor presentations is available at http://questsolution.com/investors.

About TrackX

TrackX, headquartered in Denver, Colorado, is a leading provider of RFID, GPS and Sensor-enabled asset tracking solutions to customers seeking improved visibility, utilization and analytics pertaining to their high-value assets and inventory. TrackX's patented, enterprise-scalable, cloud-based asset tracking platform combines support for multiple auto-id technologies with workflow, event management, alert notification and a comprehensive analytics platform to deliver significant value to a growing list of fortune 500 customers. Today TrackX is providing high-value asset tracking, yard management, returnable asset management and mobile inventory management solutions to customer in such industries as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.

Reverse Takeover Transaction

On February 16, 2016 Cougar Minerals Corp. a TSX Venture Exchange listed company announced that it has entered into a share exchange agreement to acquire all of the issued and outstanding securities of TrackX, Inc. a Delaware corporation. This transaction will constitute a "reverse takeover" of Cougar by TrackX Inc. resulting in the listing of TrackX's shares on the TSX Venture Exchange. Subject to the fulfillment of conditions precedent of the Share Exchange Agreement, and final acceptance of the TSX Venture Exchange, closing is anticipated to occur in May 2016.

Contact Information