Pointer Gets AIS 140 Indian ITS Standard Certification
POINTER TELOCATION (PNTR)
Last pointer telocation earnings: 8/15 08:30 am
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Source: PR Newswire
ROSH HAAYIN, Israel, Sept. 04, 2018 /PRNewswire/ -- Pointer Telocation Ltd. (Nasdaq: PNTR) (TASE: PNTR) – a leading provider of telematic services and technology solutions for Fleet Management, Mobile Asset Management and Internet of Vehicles, announced today that its Cello CANiQ IN device was officially certified for India's MoRTH's (Ministry of Road Transport and Highways) AIS 140 standard. MoRTH along with ARAI (Automotive Research Association of India) in India have framed the AIS 140 standard for Intelligent Transport Systems in India to bring safety and efficiency for all public transportation vehicles such as state transport buses, app based taxis, private passenger carrying buses, and non-app licensed taxis. The AIS 140 standard makes it mandatory to install approved telematics devices in all public carrying vehicles, new and old. This will provide a massive increase in telematics adoption in the already growing market of India. Over the last period we
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