LiteLink Signs Trial & Customer Agreement with Large Canadian Nursery Leader, Strengthening Its Position in the Live Product ...
11 Septiembre 2019 - 6:00AM
LiteLink Technologies Inc. (“
LiteLink”)
(CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in logistics platforms
and payment solutions, is pleased to announce that it has signed a
customer trial and a definitive user agreement with one of Canada’s
largest nurseries, Brookdale Treeland Nurseries Ltd.
(“
Brookdale”) to provide Brookdale with the
enterprise version of the 1SHIFT Logistics platform. This agreement
marks a milestone and a major step forward towards 1SHIFT operating
in the tree and nursery industry across North America. Over 3000
nurseries operate in Canada alone. According to IBIS World, the
nursery industry yields over $50 billion dollars in revenue, spans
across 24,642 businesses and employs over 140,000 employees across
the U.S.
1SHIFT powered by LiteLink is an end-to-end logistics management
solution that enables shippers and carriers to engage in freight
matching, automate daily functions, and achieve real-time
visibility into their transportation network. The addition of
Brookdale will further LiteLink's goal to be the dominant logistics
platforms used by nurseries across Canada.
As per the agreement, Brookdale will receive full commercial
access to the 1SHIFT logistics platform to achieve advanced
real-time visibility into tracking and tracing, and route
optimization to drive the cost of labour and fuel down, all of
which will be integrated into their existing TMS ecosystem. The
commercial agreement is perpetual use based and fees are based on
the number of transactions occurring in the system. There are no
start-up fees or cancellation fees in place.
The agreement states that Brookdale will receive 30 days of free
commercial use and trial of the platform starting with advanced
visibility, while 1SHIFT completes the customizations required for
route optimization and load building features. Brookdale has
already begun live trials at this stage.
“The challenges our customers are facing today require greater
visibility into their transportation network,” said Ashik Karim,
LiteLink’s CEO. “The nursery and tree industries across Canada are
ripe for technology that drives shipping efficiencies, automated
truck loading plans, route optimizations, and temperature sensors.
We have full intention of working through the entire list of over
3000 nurseries, targeting the specific common challenges that this
industry is facing today. Starting off with an amazing company like
Brookdale is the right major step into this industry.”
"The 1SHIFT Platform first runs look very good and the roadmap
looks very promising to driving value for our logistics needs. We
look forward to continuing to expand the use of the 1SHIFT
features," stated Marc Bonnici, Brookdale's National Distribution
Manager overseeing logistics.
About 1SHIFT LogisticsLiteLink's highly
regarded 1SHIFT platform is used by shippers and carriers to engage
in freight matching, to gain better visibility into their
businesses, and to automate daily functions that were performed
manually. The 1SHIFT mobile app is used by truckers to view
real-time shipment details and flag any issues, automatically
provide the truck’s geolocation using the phone’s GPS capabilities
and empower every employee from the shipper, carrier, drivers to
deliver more connected, intelligent customer service. The end
result is that stakeholders who are monitoring shipments can view
an interactive map within 1SHIFT showing the current location and
progress of each shipment. 1SHIFT also has a robust audit trail
capability employing blockchain technology that provides an
immutable historical record of the events surrounding each
shipment.
About Brookdale Treeland Nurseries
Ltd.Brookdale is one of the largest and most-respected
growers of garden plants in Canada, servicing garden retailers,
landscape contractors, municipalities, and golf courses throughout
Canada and the northern United States. It has been seeking an
advanced freight & shipping visibility platform that can be
seamlessly worked in without any start-up costs.
Brookdale is one of the largest and most respected growers of
garden plants in Canada, and is proud to service garden retailers,
landscape contractors, municipalities, and golf courses throughout
Canada and the northern United States. Brookdale services customers
from three locations in Ontario, one in BC and one in New Brunswick
with a total land base of over 700 acres. Through its network of
over 300 other growers, Brookdale brings products from around the
world to its retail and wholesale clients, some of which are
Fortune 500 corporations.
About LiteLink Technologies Inc.LiteLink
Technologies Inc. (CSE:LLT)(OTC:LLNKF)(FRA:C0B:FF) is a major
player in developing world-class enterprise platforms that utilize
artificial intelligence, blockchain, and predictive analytics to
solve fragmented and outdated technology problems in the logistics
and digital payment industries. LiteLink’s flagship 1SHIFT
logistics platform offers real-time transparency and tracking which
allows brokers, shippers, and carriers to track shipments and
settle payments in real-time. uBUCK Pay is a multi-currency digital
wallet that supports traditional fiat and digital currencies.
Consumers are able to make online and offline purchases using the
uBUCK debit card and send funds worldwide for free.
For further information, contact Yana Bobrovskaya at
604-307-2553 or email investor@litelinktech.com.
Forward-looking StatementThis news release may
contain certain “Forward-Looking Statements” within the meaning of
the United States Private Securities Litigation Reform Act of 1995
and applicable Canadian securities laws. When used in this news
release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target”, “plan”, “forecast”, “may”, “schedule” and other similar
words or expressions identify forward-looking statements or
information. These forward-looking statements or information
may relate to the nature of the business of LiteLink, and other
factors or information. Such statements represent LiteLink’s
current views with respect to future events and are necessarily
based upon a number of assumptions and estimate that, while
considered reasonable by LiteLink, are inherently subject to
significant business, economic, competitive, political and social
risks, contingencies and uncertainties. Many factors, both
known and unknown, could cause results, performance or achievements
to be materially different from the results, performance or
achievements that are or may be expressed or implied by such
forward-looking statements. LiteLink does not intend and does
not assume any obligation, to update these forward-looking
statements or information to reflect changes in assumptions or
changes in circumstances or any other events affections such
statements and information other than as required by applicable
laws, rules and regulations.
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