Telit Partners with Boatrax to Create a First-of-its-kind Smart IoT Boat Monitoring Solution

London, February 14, 2019 – Telit, a global Internet of Things (IoT) enabler, today
announced its successful partnership with the vessel tracking company Boatrax. With Telit’s
deviceWISE IoT Platform and cellular IoT communication modules, the Miami, Florida-based
company created the Boatrax Box, a first-of-its kind monitoring and diagnostic solution that
aggregates important data about boat performance and owner behavior in real-time.

Launched in October 2018, the Boatrax Box brings boat owners peace of mind with a smart boat experience that gets smarter the more it is used. With proprietary algorithms that adapt to the boat operator’s behaviors, it delivers critical information such as location, predictive maintenance alerts and engine diagnostics to ensure top efficiency. Engineered with the MultiTech SocketModem Cell that leverages Telit’s XE910 family of modules, the Boatrax Box is easy to mount and simple to use, while delivering the most comprehensive set of connectivity features in a compact form factor.

“Creating the Boatrax Box was born out of a need for effectiveness and simplicity. During the
prototype stage, it was clear we needed an IoT technology partner with device-side
capabilities and expertise,’’ said Arturo Malave, CEO and Co-founder, Boatrax. “Telit not
only enabled us to design a cloud-based plug-and-play solution that allows owners to
monitor and protect their boats remotely but also reduced our time to market.”

“Partnerships are key for providing businesses with best-of-breed IoT solutions that meet
their unique needs and goals. With Telit’s technology, Boatrax has a number of different
communications networks to pick from, now and in the future—a key characteristic for a
tracking solution meant to be mounted on something as mobile as a boat,” said Dennis Kelly,
Senior Vice President Sales, Americas, Telit. “It also allows Boatrax to focus on their core
competency and powerful differentiator of delivering end-user value.’’

Boatrax will be on hand to demonstrate the capabilities of the Boatrax Box at the Miami
International Boat Show, which takes place February 14-18, 2019, at the Miami Marine
Stadium Park & Basin, Virginia Key, Florida. A live demonstration will be in tent C, booth
C452.

About Boatrax
Boatrax is a unique IoT platform capable to connect boat owners to their vessels in real-time using a
proprietary IoT gateway that reads and stores all data coming from the engine devices and sensors
connected to the boat. The company services boaters who want to streamline their vessel
management. With two main categories including boat clubs/charter owners who are renting their
boats, and private owners who want more control over maintenance and usage reporting of their
vessel, Boatrax redefines IoT for the recreational boating industry offering OEM solutions to
manufacturers and dealers who want to transform and create a innovative statement within the
industry.

About Telit
Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement, with an extensive portfolio
of wireless connectivity modules, platforms, virtual cellular IoT operator services, and professional
services, empowering hundreds of millions of connected ‘things’ to date, and trusted
by thousands of direct and indirect customers, globally. With nearly two decades of IoT innovation
experience, Telit continues to redefine the boundaries of digital business, by delivering secure,
integrated end-to-end IoT solutions for many of the world’s largest brands, including enterprises,
OEMs, system integrators and service providers across all industries, enabling their pursuit of
enterprise digital transformation.

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Media Contacts
Leslie Hart
Telit
919-415-1510
Leslie.Hart@Telit.com

Gaby Lechin
Valerie Christopherson
GRC for Telit
+1 949 608 0276
telit@globalresultspr.com