14:03:38 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



BlackBerry Ltd
Symbol BB
Shares Issued 588,931,281
Close 2024-03-04 C$ 3.63
Market Cap C$ 2,137,820,550
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BlackBerry signs three-year deal with Max-Atlas

2024-03-04 14:05 ET - News Release

Mr. Christopher Plaat reports

BLACKBERRY RADAR AND MAX-ATLAS PARTNER TO MAXIMIZE ROI FOR SUPPLY CHAIN LOGISTICS COMPANIES

BlackBerry Ltd. has signed a three-year co-operative agreement with intermodal container chassis manufacturer Max-Atlas. The deal between the two Canadian industry leaders will make BlackBerry Radar asset tracking and monitoring technologies available for installation during manufacture of Max-Atlas's range of products. The combination will help supply chain logistics organizations derive lasting return on investment in Max-Atlas's high-performance container chassis with BlackBerry Radar data on operational performance.

BlackBerry Radar offers intelligent insights into how a company's assets are being used, allowing for improved operational efficiencies and better customer service. BlackBerry Radar devices are rugged and low maintenance, equipped with batteries that last up to five years or more. When installed on a quality-engineered Max-Atlas chassis, customers gain insight on asset location, along with vital utilization performance, safety and security data. This information can enable maximum return on investment for supply chain and logistics operators.

"It's exciting to bring together two class-leading Canadian companies that offer such a strong synergy to customers in the logistics market," commented Christopher Plaat, senior vice-president and general manager, BlackBerry Radar. "BlackBerry Radar, known to be a reliable and resilient asset tracking solution, can now be installed during Max-Atlas's production process so that customers can best utilize, secure and track their new chassis from day 1."

"This partnership with BlackBerry Radar aligns with our vision to bring innovating solutions to our customers," added Stephane Guerin, president and chief executive officer at Max-Atlas. "Once customers have invested in our intermodal container chassis, it makes sense to help them maximize their assets through preinstalled best-in-class telematics with BlackBerry Radar. We look forward to delivering value to our mutual customers."

About BlackBerry Ltd.

BlackBerry provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 235 million vehicles. Based in Waterloo, Ont., the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy, and is a leader in the areas of endpoint security management, encryption and embedded systems. BlackBerry's vision is clear -- to secure a connected future you can trust.

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