TrackX Extends Partnership with Global Powersports Leader as Vehicle Management Solution

• Integration with multiple operational systems
• Employee and internal operations vehicles are tracked via GPS tags

Denver – September 16, 2021 (GLOBE NEWSWIRE) TrackX Holdings Inc. (TSXV:TKX), (OTC:TKXHF), (FSE:3TH) (“TrackX” or the “Company), a leading provider of real-time end-to-end asset tracing, tracking and collaboration solutions announced today that global powersports leader, Polaris Inc., has selected the Company’s technology platform as its internal operations vehicle management interface. This announcement expands on the long-standing partnership and demonstrates the return on investment that TrackX, a fully integrated hardware and cloud-based platform, delivers.

Included in this expansion, TrackX provides the global leader in powersports with tracking and insight capabilities for internal units, from test and engineering units to the vehicles that are a part of Polaris’ employee benefits program. By leveraging the TrackX solution and GPS tags on many vehicles, Polaris gains real-time visibility to the hundreds of vehicles used by its engineers, product testers or general employee base. The TrackX solution will provide Polaris with a central source of vehicle inventory information for units used as a part of its internal operations, along with the tools needed to help reduce the time spent locating development units, updating records on internal assets, and reporting across multiple development sites and corporate offices.

“Polaris has been a wonderful partner for TrackX over the past couple of years because we’ve been able to work together to deliver a more efficient way to manage our internal inventory and create a better UI portal experience for their employees,” said Tim Harvie, CEO of TrackX. “Having an industry leader such as Polaris entrust our firm for their tracking and reporting attests to the strength of TrackX’s capabilities.”

About TrackX

TrackX, Inc. (TSX.V: TKX), based in Denver, Colorado, is the SaaS-based enterprise tracing, tracking & collaboration solution that leading brands trust to achieve more sustainable and better performing supply chains. TrackX solutions are built on an enterprise scalable and fully customizable platform that leverages a broad array of RFID, IoT (Internet of Things) and Sensor Technologies to provide item level visibility to customers across a broad array of industries, including food, beverage, brewery, automotive, retail, financial services, technology and government. For more information, visit www.trackx.com.

For more information, please contact:

Marc Spezialy, TrackX Holdings Inc.
mspezialy@trackx.com
303-325-7300

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company’s anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this news release, whether as a result of new information, future events or otherwise, except as required by law.