MICT, Inc. revealed that Micronet Ltd. has announced it received two purchase orders
totaling $1,300,000 for the supply and delivery of its 4th generation SmartHub hardware platform. Micronet Ltd., an entity in which MICT has an ownership stake of approximately 39.53%, received the purchase orders from a leading U.S. telematics service provider, and a current Micronet customer.

The 4th generation SmartHub hardware platform is a rugged Android-based fix-mount onboard computer, offering advanced functionality at a competitive price. Installed in the driver’s cabin, the SmartHub hardware platform enables monitoring and management of vehicle fleets including Android-based advanced computing assignments such as follow-up of tasks, two-way communication with the fleet manager, remote vehicle and engineering equipment diagnostics, monitoring behavior, and drivers’ hours of services.