Internet of Things Inc (CVE:ITT) (OTCMKTS:INOTF) announced Tuesday that its subsidiary Weather Telematics was awarded a new contract to provide road weather hazard alerts in Oklahoma.
Weather Telematics is advancing the Predictiv SA service alert technology designed to avoid accidents by transmitting verbal and visual warnings of weather-related road hazard to dispatchers and drivers.
The new, annual contract is with the Creek County, Oklahoma Emergency Medical Service.
READ: Internet of Things unit Weather Telematics launches critical road safety platform
“In the case of Creek County’s ambulances, human lives depend on both dispatch and driver being fully apprised of current road weather conditions so they can navigate around hazards,” said Bob Moran, CEO of Weather Telematics.
“Our Predictiv SA product is perfectly suited to this type of mission critical scenario.”
The system gives fleet managers and telematics service providers a complete toolkit to manage the impact of weather hazards on fleet logistics and mitigate risks for drivers and fleet assets.
Weather Telematics uses a proprietary vehicle-mounted mobile Internet of Things (IoT) sensor network and artificial intelligence machine learning to generate historical, real-time and predictive road weather conditions for road hazard risk alerts and dynamic routing applications.
Toronto-based Internet of Things operates data-driven industrial IoT companies including full ownership of Weather Telematics and a joint venture channel partnership with Shanghai New Hope Data Technology Co. Ltd.
Shares were trading at C$0.03 in Toronto on Tuesday morning and slipped 0.5% on OTC markets to US$0.02.
Contact Angela at angela@proactiveinvestors.com
Follow her on Twitter @AHarmantas