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Last 262.20
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MCRNL On Other Exchanges
Tel Aviv
As of 10:24 AM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

micronet ltd (MCRNL) Snapshot

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08/4/14 - $296.70
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micronet ltd (MCRNL) Details

Micronet Ltd. develops, manufactures, and markets mobile computing platforms designed for integration into fleet management and mobile workforce management solutions. It offers rugged mobile data terminals for use in various vertical markets, including long/short haul for trucking and distribution, passenger transportation and dispatching, utilities and municipalities, public safety, and technical field services. The company also provides Development Tool Kit for customers who wish to develop independently and support automatic vehicle location/fleet management, as well as technical support and professional services. In addition, it offers Guardian System Design, a cloud-based software-as-a-service platform that provides software tools to manage and support applications and system firmware upgrades. The company serves fleet management/mobile resource management solution and service providers in approximately 20 countries worldwide. Micronet Ltd. is headquartered in Azor, Israel. Micronet Ltd. operates as a subsidiary of Enertec Electronics Limited.

micronet ltd (MCRNL) Top Compensated Officers

Chief Operating Officer
Total Annual Compensation: 515.0K
Chairman, Member of Investment Committee, Cha...
Total Annual Compensation: 844.0K
Chief Product Development Officer
Total Annual Compensation: 527.0K
Compensation as of Fiscal Year 2013.

micronet ltd (MCRNL) Key Developments

Micronet Inks Binding Memorandum Of Understanding for Exclusive Supply of Rugged Tablets and Telematics Solutions to Fleet Management Solutions Provider

Micronet Enertec Technologies reported that its Mobile Resource Management (MRM) subsidiary Micronet executed a binding Memorandum Of Understanding (MOU) to be the exclusive supplier of rugged tablets and other telematics equipment to an MRM solution provider. The exclusivity arrangement pursuant to the MOU is for the later of two years or the delivery by Micronet to the customer of 20,000 units of Micronet's All In One A317 rugged tablet and a new Android-based On Board Computer. The parties agreed to use best efforts to enter into a definitive supply and purchase agreement, which will replace the MOU, by July 15, 2015. As part of the MOU, the customer agreed to place an initial purchase order for 4,000 units, valued at a minimum price of $950,000, which will be delivered by Micronet by the end of 2015. Based on inputs from the customer, management estimates that the potential value of this engagement may reach $4.7 million. The customer focuses on driver safety, efficiency and compliance, providing a suite of Fleet Management solutions including Electronic Logging Devices (ELD) and Hours of Service (HOS), driver coaching, fuel reports and more for local fleets and heavy duty trucks and Equipment.

VisTracks, Inc. Teams With Micronet Ltd. to Deliver DOT-Compliant Solutions

VisTrack, Inc. announced that it has partnered with Micronet Ltd. to offer VisTracks SnapTraq Hours of Service suite of services with Micronet's A317 All-in-One tablet and other ruggedized models designed for use in heavy duty vehicles, to comply with DOT Federal Motor Carrier Safety Administration regulations. SnapTraq Hours Of Service is a real-time, tablet and Web-hosted telematics application for managing and monitoring commercial trucking fleet vehicles and their drivers. The service is compliant with current and proposed government regulations for electronic logs and vehicle driver hours of service. The Micronet A317 platform is a rugged, Android based cabin-mount tablet that offers advanced functionality at a competitive price. As one of Micronet's new generation tablets, the A317 combines innovative technology with a 'fit-for-purpose' product design. This versatile, vehicle-centric platform is available as a complete All-in-One platform with a wireless cellular modem and other connectivity features, or as a Base Model solution to interface with a third party telematics unit (Automatic Vehicle Location or Black-Box unit). The combined tablet/software solution available through VisTracks™ and Micronet ™s distributors and cellular carriers, provides an easy-to-use tablet app synchronized with the back-office portal. Enhancements include support for multiple drivers and vehicles, customized vehicle inspection features, disconnected logging, and warning of impending violations, both on tablet and back-office portal. The service is fully white-labeled, with several brandable features. Optional service enhancements include engine data reporting and electronic work orders.

Micronet Ltd., Special/Extraordinary Shareholders Meeting, Jul 01, 2015

Micronet Ltd., Special/Extraordinary Shareholders Meeting, Jul 01, 2015., at 11:00 Israel Standard Time.


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