TrackX Awarded C$2.0 Million Contract to Provide Nationwide IT Asset Tracking Solution for Leading U.S. Insurance Provider

DENVER, COLORADO--(Marketwired - Sept. 5, 2017) - TrackX Holdings Inc. (TSX VENTURE:TKX) ("TrackX" or the "Company"), an enterprise IIoT software platform provider for the tracking and management of physical assets, announces that the Company has entered into an agreement to complete a national roll-out of its Global Asset Management for Enterprises (GAME) platform for a leading U.S.-based insurance provider. The TrackX solution will manage more than 100,000 high value Information Technology (IT) assets across 16 facilities, including two primary data centers and 14 branch locations. The initial phase of the solution is valued at US$1.65 million (approx. CDN $2.0 million) over three years.