PRESS RELEASE

Triton and Sensera Enter into Partnership to Introduce Asset Tracking Technology for US Department of Defense (DoD)

June 9, 2020, Chelmsford, MA: The US-based product development and technology company Triton Systems, Inc. (“Triton”) today announced it has entered into a strategic partnership with internet of things (“IoT”) solution provider Sensera, Inc. (“Sensera”) to integrate Sensera’s Location-Aware™ IoT building blocks with Triton’s artificial intelligence (“AI”) and sensor innovations for a wide range of asset tracking applications for the US Department of Defense (DoD).

The two companies have signed an agreement, which leverages Triton’s decades long experience as a solutions provider and integrator to the DoD and Sensera’s swarm™ technology, to create a reliable, end-to-end solution for real-time monitoring, location-tracking and operational-readiness of military and security assets across DoD sites globally. The DoD, with an annual budget of over US$700 billion, operates over 800 bases across 70 countries and owns tens of millions of pieces of logistics hardware.

Triton’s initial DoD project will deploy and prove the performance of Sensera’s Real-Time Location System (“RTLS”) combined with Triton’s sensor suite and AI tools within a military supply depot environment. This multi-phase program will include prototype system demonstration, validation, refinement and results for a full end-to-end RTLS solution to prepare for integration in other DoD depots and similar asset-intensive applications. The complete solution will fill an important performance gap in accuracy, range and scalability for identifying and tracking the tens of millions of mobile and portable assets that military depots use in support of their operational readiness mission.

Sensera’s proprietary RTLS enables precise real-time positioning (2D and 3D at near-centimeter precision) and concurrent wireless data communication for virtually any IoT (Internet of Things) application. The technology is commercially available and widely deployed in key markets to enable personnel, tool and material tracking capabilities – providing real-time visibility of what, where and when, restricted area enforcement, next-generation worksite workflow optimization, and position-enabled environmental condition monitoring.

Mr. David Model, COO of Triton Systems, said, “We are excited to bring Sensera’s cutting edge location awareness technology to our DoD customer base. The defense community has been looking for the capability to quickly and precisely track thousands of assets in GPS-challenged environments. We believe the swarm solution, combined with Triton’s AI platform, will allow Triton and Sensera to closely work with our DoD end users to facilitate the qualification and adoption of a unique IoT solution for military platforms.”

Mr. Brad Sherrard, Sensera’s IoTS General Manager, said, “The signing of this agreement with Triton Systems represents a strong pathway for Sensera to leverage our successful wireless Location-Aware IoT sensors and software platform to explore some significant new application and market opportunities within the US Department of Defense. Triton is a proven partner for this market and will also provide powerful AI technology to be leveraged for other use cases.”

For more information, please contact: Ralph Schmitt Sensera: Managing Director info@sensera.com

Diane Wilson Triton: Marketing Communications dwilson@tritonsys.com

About Triton Systems: Triton Systems is a global business venturing company that successfully launches innovative products and solutions in emerging markets worldwide. It invests in new technologies through in-house incubation and external partnerships – creating thriving businesses from novel ideas. Triton Systems' headquarters is in Chelmsford, Massachusetts. Triton’s innovative technologies have created $3.8 billion in shareholder value through its product sales, joint ventures, spin offs and licenses. For more information please visit: http://tritonsystems.com. (Triton is not affiliated with Triton Systems the ATM manufacturer.)

About Sensera Limited: Sensera is an Internet of Things (IoT) solution provider that delivers sensor-based products transforming real-time data into meaningful information, action and value. The company designs and manufactures hardware and software across the vertical technology spectrum from unique structures as MicroElectroMechanical Systems (MEMS) and sensors, as well as wireless networked systems and software that when combined, drive an entire IoT platform solution. For more information, please visit our website: www.sensera.com.