HiveTracker&ZOXtracker announce JV

Press release Lausanne, Switzerland, April 15, 2020: Today Swiss HiveTracker and ZOXtracker, two leading
supply-chain technology companies providing real time location and conditions monitoring,
announced a joint service operation company, Hive-Zox International S.A., to multiply synergies and
scale up operations and commercialization capabilities.

The JV will commercialize an IoT solution that offers real-time end-to-end visibility and monitoring of
the global supply chain, from factory to end-user, at product ID level and all at an affordable cost.
Through an all inclusive solution comprising proprietary data capture technology, encrypted data
transfer and a platform providing prescriptive analytics. The solution greatly increases automation
within supply chains leading to significant reduction of damages, losses and theft, and a significant
increase in logistical throughput to the benefit of all manufactures and logistics companies by
increasing their ROI and to consumers by ensuring product compliance and quality.

“Especially today, we are even more acutely aware of the need to have full visibility throughout the
entire supply chain. This is only possible through continuous and automatic tracking and monitoring
of shipments and products. We are delighted to conclude this JV with ZOXtracker, who share our
philosophy of providing seamless and autonomous digital solutions that are easy to use and improve
public safety on products. We can now offer every industry one solution for all of their tracking and
monitoring needs globally and at every level of shipment, from container to product ID, from first to
last mile and everything in between, and all this at a low cost.” said Charles Bourbonnais, CEO & Co-
Founder, HiveTracker.

“Digitization of supply chain is both necessary and inevitable. Our solution digitizes the blind spots in
the supply chain and enables our customers to benefit from increased visibility and helping them
achieve a sustainable solution whether on land, air or ocean. Together with HiveTracker we will be
stronger and even better positioned to achieve our goals.” said Miro Skorepa, Executive Chairman of
ZOXtracker.

About HiveTracker:

HiveTracker S.A. is a Swiss logistics technology start-up, which has innovated a cloud-based
platform solution offering connected Monitoring as a Service (cMaaS) for global supply chains, from
end-to-end at product (ID) level in real-time; tracking, identifying and monitoring environmental
conditions of transportation and storage at the product level from first mile to last mile and everything
in between, providing 24/7 visibility. Our cMaaS is a complete vertically integrated solution
incorporating next generation Mobile-IoT networks to offer a fully automated and seamless approach
to monitoring products. With HiveTracker; clients reduce costs, reduce waste, guarantee products and
ensure public safety. Join HiveTracker on LinkedIn or visit www.hivetracker.io.

About ZOXtracker:

ZOXtracker A.S. is Czech technology company, created as a spin-off of mobile communication
company Zox call A.S. The ZOXtracker solution is a tracking solution for ocean and multimodal
logistics utilising GSM networks to track the real time position of the cargo on a global scale. The
SaaS service is offered at an incomparable low cost with simplicity in mind.

For further information, please contact: Hive-Zox – info@hive-zox.com