Concord, Ontario, April 29, 2021 – – Ultrack Systems Inc. (OTC Pink: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to provide its valued investors an update regarding the approval of Ultrack’s flagship DriveLineELD.
Investors have formerly been made aware that FP Innovations is handling all the ELD certification for Canada. Ultrack contacted FP Innovations recently and was informed that the Company should expect a delay on the ELD approval. This delay is not unique to Ultrack as it is due to a reformed testing protocol outside of the J1708/J1939 mandate. Therefore, Ultrack is making the hardware/software changes and will submit the updated DrivelineELD for certification. https://web.fpinnovations.ca/certification
Ultrack is still extremely confident that its flagship ELD will receive this necessary approval. Once granted final approval, Ultrack’s name and DriveLineELD product will appear at this official government link: https://tc.canada.ca/en/road-transportation/electronic-logging-devices/list-certified-electronic-logging-devices
Ultrack CEO Michael Marsbergen commented: “This slight speed-bump hasn’t lowered our morale or our resolve to make the DriveLineELD the premier ELD product throughout North America. We are living in unprecedented times and there are occasions when issues arise that are completely out of our control. We are doing everything we possibly can to ensure approval of the DriveLineELD and are simply waiting for others to do their part. All of our premier ELD Ads continue to run in earnest and we continue to expand our reach in full anticipation of the DriveLineELD being available before this summer.”
The Company invites current and future shareholders to check back regularly at our website http://ultrack.ca, Facebook page www.facebook.com/UltrackSolutions and Twitter page https://twitter.com/UltrackI.
About MJLB: Located in Concord, Ontario, Ultrack Systems Inc., (www.ultrack.ca) is a publicly traded company listed on the OTCMARKETS under the MJLB trading symbol. Ultrack Systems Inc., is a provider of GPS tracking solutions. We develop, implement, and distribute electronic monitoring and tracking systems for companies in leasing, transportation, construction, disposal, and many other service driven industries. Our platform includes live tracking, reports, and alerts on a web-based platform. Our mission is to provide the best fleet tracking, reporting systems and our commitment to service. The Company plans to launch a new ELD product in 2021 in partnership with major corporations that will take the trucking industry by storm.
Safe Harbor Statement: This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “potential” and similar expressions. These statements reflect the Company’s current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.