Polte and GeoTraq Team Up to Deliver Revolutionary Mobile IoT Asset Trackers

GeoTraq’s Mobile IoT modules, together with Polte’s positioning
technologies, enable an entirely new class of low-cost, low-power,
indoor / outdoor asset tracking use cases.

DALLAS & LAS VEGAS–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/CLoC?src=hash” target=”_blank”gt;#CLoClt;/agt;–Polte Corporation, the leader in advanced Cloud Location over Cellular
(C-LoC) technology, and GeoTraq Inc., a Mobile IoT module manufacturer
and connectivity provider, today announced a collaboration to embed
Polte location technologies into two new GeoTraq NB-IoT / LTE-M modules:
the Tracker-Module GT-TM100 and Sensor-Module GT-SM100.

Polte’s C-LoC location solution enables GeoTraq to eliminate the need
for GPS / GNSS radios by leveraging globally available Mobile IoT
(NB-IoT and LTE-M) networks. In addition to providing wide-area outdoor
coverage from rural to dense urban, Polte’s location solution enables
highly-accurate tracking indoors, even when objects are inside vehicles
or in shipping containers. Polte’s cloud-based secure from chip-to-cloud
software solution enables unprecedented reach for locating things
wherever they are.

GeoTraq’s Tracker-Module GT-TM100 is designed specifically for low-cost
asset tracking and other location-based intelligent use cases. The
module’s ultra-small 16 x 12 mm form factor allows it to be incorporated
into almost any existing or new battery powered machine, tool, or
product to provide intelligent insights.

GeoTraq’s Sensor-Module GT-SM100 offers the fastest, most secure, and
efficient Mobile IoT connectivity. The GT-SM100 includes both an eSIM
and connectors for easy attachment of antennas, batteries, and a variety
of sensors, including temperature, flow, pressure, humidity, motion,
acceleration, and more. The Sensor-Module GT-SM100 operates by
transmitting small packets of data for scheduled reports or
trigger-based event alerts, which GeoTraq expects will be configured
using the GeoTraq’s WebTraq™ portal and integrated to the customer’s
choice of IoT platforms for visualization.

Polte CEO Ed Chao explained, “We see a huge market opportunity for
low-cost, battery powered IoT asset trackers across many industry
verticals from shipping & transportation to manufacturing to tracking
everyday objects. We are at the very beginning of what is possible with
Mobile IoT.” Chao went on to say, “Polte’s positioning technologies,
together with GeoTraq’s innovative Mobile IoT modules, deliver on the
promise of the Internet of Things. The most common everyday objects will
now be able to connect at an extremely low cost with very low power.”

GeoTraq General Manager and 30-year wireless industry veteran, Pierre
Parent, shares, “We have been working with Polte for over a year and
they have a superior technology for adding location services to our
small, low-cost line of Mobile IoT modules. We believe that the business
world has not fully grasped the changes that are occurring in the
tracking industry and the advancements that positioning on the LTE radio
channel will provide. Historical tracking solutions use GPS, which adds
$3-$4 in extra component costs and produces a significant drain on the
battery life. If your goal is to build a disposable tracking tag for
less than $10 to monitor critical materials and packages while they are
in the mail, GPS is a non-starter. It’s too bulky, expensive, and
probably won’t work indoors. Polte resolves these problems for us,
allowing GeoTraq to produce a low-cost module with enhanced location
positioning technology.”

Both Polte and GeoTraq will be exhibiting at Internet of Things World in
Santa Clara, CA, May 14-16, 2019. To get more information visit Polte at
booth #942 and GeoTraq at booth #852.

About Polte Corporation

Headquartered in Dallas, Texas, Polte is the leader in Cloud Location
over Cellular (C-LoC) solutions. Leveraging 4G and 5G signals, Polte’s
cloud-based platform powers Internet of Things (IoT) devices with
real-time location determination as they move between indoor and outdoor
environments. Visit polte.com
for more details.

About GeoTraq

A subsidiary of Appliance Recycling Centers of America, Inc. (NASDAQ:
ARCI), GeoTraq is a Mobile IoT module manufacturer and connectivity
provider. GeoTraq offers asset tracking and remote monitoring through
Mobile IoT modules with global connectivity. GeoTraq Mobile IoT modules
report location data with the ability to measure variables from external
sensors, such as temperature, flow, pressure, humidity, motion,
acceleration and more. The modules transmit data for scheduled reports
or trigger-based event alerts. GeoTraq technology is designed to
streamline business processes and increase operational efficiency to
drive ROI and solve real business challenges. Visit GeoTraq online at www.GeoTraq.com.

Forward-Looking and Cautionary Statements

This press release contains “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995. In
accordance with the safe harbor provisions of this Act, statements
contained herein that look forward in time that include everything other
than historical information, involve risks and uncertainties that may
affect the company’s actual results. These forward-looking statements
can be identified by terminology such as “will,” “expects,”
“anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and
similar statements, and includes statements relating to the market
opportunity for IoT asset trackers, GeoTraq’s ability to configure
trigger-based event alerts, and other statements relating to changes in
the tracking industry. Appliance Recycling Centers of America, Inc.
(“ARCA”), the registrant, may also make written or oral forward-looking
statements in ARCA’s periodic reports to the U.S. Securities and
Exchange Commission (the “SEC”) on Forms 10-K and 10-Q, Current Reports
on Form 8-K, in its annual report to stockholders, in press releases and
other written materials, and in oral statements made by its officers,
directors, or employees to third parties. There can be no assurance that
such statements will prove to be accurate and there are a number of
important factors that could cause actual results to differ materially
from those expressed in any forward-looking statements made by
ARCA. ARCA cautions that these forward-looking statements are further
qualified by other factors including, but not limited to, those set
forth in ARCA’s Annual Report on Form 10-K, as amended, for the fiscal
year ended December 29, 2018 (available at http://www.sec.gov).
ARCA undertakes no obligation to publicly update or revise any
statements in this release, whether as a result of new information,
future events, or otherwise.

Contacts

Polte Contacts:
Amber Rubin, The David James Agency, +1 805
494 9508, polte@davidjamesagency.com
JC
Elliott, Polte Corporation, +1 469 774 7114, jc@polte.com

GeoTraq contact:
Tiffani Neilson, GeoTraq, +1 702 757 4080, tneilson@geotraq.com

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