- PR Newswire•9 days agoMicronet Announces the launch of its TREQr-5 - Innovative ruggedized Telematics Android On-Board Computer Optimized for Internet of Things (IOT) and Fleet Management Applications
MONTVALE, N.J., Oct. 19, 2016 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (NASDAQ-CM: MICT) announced today that its Mobile Resource Management (MRM) subsidiary has commenced shipments of the TREQr-5 ...
- PR Newswire•24 days agoMicronet Enertec Technologies Names Experienced Telematics Executive Kenneth Wiesner Chief Executive Officer of Micronet Inc.
Mr. Wiesner has considerable experience in the MRM related telematics industry and has held several leadership roles and consulting assignments at both start-ups and midsized companies. Prior to joining Micronet he has had numerous industry successes at senior level positions. As Chief Executive Officer of Enfotrace GPS, a position he held from 2008 to 2011, he oversaw revenue growth from $1.8M to $23M over a three-year period and a successful acquisition of that company by one of the largest U.S. suppliers of aftermarket telematics solutions.
- PR Newswire•last monthMicronet Enertec Technologies, Inc. Received $900,000 Purchase Order for Computer Based Command and Control Defense Systems
MONTVALE, N.J., Sept. 19, 2016 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (MICT) announced today that its Aerospace and Defense (A&D) wholly owned subsidiary, Enertec Systems 2001 Ltd. (Enertec), was awarded with a $900,000 purchase order as part of the implementation of a previously announced project awarded to the Company in April 2014 by a multibillion dollar Israeli-based Defense and Aerospace contractor for the development, production and supply of a complex Command and Control system that was originally estimated to include revenues in total order of $5.8 million. As of this date the Company received continuing orders related to the project in a total of $4.7 million and expects to receive additional orders as originally estimated. Zvi Avni, CEO of Enertec said, "As we expected when we announced the contract in April 2016, our customer has placed additional follow on orders for this sophisticated computer based system, which was fully developed by our dedicated R&D team.
Micronet Enertec Technologies, Inc. (MICT)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
|Day's Range||1.52 - 1.55|
|52wk Range||1.51 - 2.80|
|1y Target Est||N/A|
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|P/E Ratio (ttm)||-3.33|
|Avg Vol (3m)||14,000|
|Dividend & Yield||N/A (N/A)|