Mr. Brent Moore reports

TRAKOPOLIS PROVIDES ELD PRODUCT SALES UPDATE

Trakopolis IoT Corp. has provided an update on strong sales results of its recently launched (electronic logging device) ELD product.

The company has won a new enterprise customer for its ELD offering bringing the number of active ELD subscriptions to 332 with the potential for an additional 750 from initial customers. Active pilot projects represent further opportunities in excess of 600 ELD units.

Trakopolis's chief revenue officer, Ted Duffield, commented: "One out of three of our new sales opportunities has an ELD requirement which has surpassed our initial expectations. Urgency in the market combined with our established channel and product offering positions us well for continued growth."

"Expanding average revenue per units (ARPU) is a key objective of management and we are very pleased with the results to date in that regard," stated Brent Moore, chief executive officer of Trakopolis.

About the ELD mandate

Another key driver of growth for the telematics industry over all is the incoming electronic logbook requirements. This is a result of the U.S. FMCSA's (Federal Motor Carrier Safety Administration) new rules aimed at improving the safety of commercial truck and bus drivers. The rule requires drivers to install and use electronic logging devices (moving away from paper records) to ensure the compliance with hours-of-service regulations. The new rule will go into effect in December, 2017, and will be implemented in phases over the following two years. Canada is expected to follow with similar regulations. To enhance its offering in this area, Trakopolis purchased the electronic logbook software assets of Verigo in November, 2016. Trakopolis is now able to offer its growing customer base a solution to address these regulations.

About Trakopolis IoT Corp.

Trakopolis is a software-as-a-service (SaaS) company with proprietary, cloud-based solutions for real-time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and personnel. The company's asset management platform works across a variety of networks and devices. Trakopolis has a diversified revenue stream from many verticals including oil and gas, forestry, transportation, construction, rentals, urban services, mining, government, and others.

We seek Safe Harbor.