Possio

Possio and RDXT enters partnership, launches their first joint product at MWC 2017

Pressmeddelande   •   Feb 28, 2017 10:00 CET

Meet Possio at #MWC17, Swedish Pavilion, Hall 7, E41 & F41

Possio and RDXT enters partnership. Their first joint product is the Possio Tracker, a DIY Vehicle Tracker and Alarm designed in collaboration with Clas Ohlson, the Swedish leading retailer within hardware, electrical, multimedia, home and leisure.

The Possio Tracker operates on any 8-32V DC battery, and is designed to secure assets such as cars, boats, mopeds and motorcycles but also the whole fleet or even heavy construction equipment. Logged in to the service via the app or web interface, the user gets all statistics from the device visualised. The user tailors what actions the Tracker should take in response to different triggers - alarm the app in case of a sharp curve - or alarm the security company in case the asset leaves the geo fenced zone. 

  • The Possio Tracker shows how a combination of connected sensors, software services and a simple to use app are truly powerful tools. Once the device is placed in the vehicle, new services based on its extensive sensor data can be easily added", says Scott Adams, Founder and CTO of RDXT.

The business model is interesting. RDXT sells devices through well known retailers. The customer activates the device by signing up for a service subscription. The reseller also gets a percentage of the subscription, on top of the product margin in store. 

  • I believe this is the future business model for retailers entering the connected device space. It opens up a new revenue stream for them. The end of the deal is no longer at the checkout", states Rickardh Gärdström, CEO of Possio.

RDXT is a Swedish IoT startup mostly known for the MTRLOG driver journal.

  • I really look forward to take RDXT to the next level. With the competences Possio brings onboard we will be able to scale our business at a much faster pace, continues Scott Adams.

Possio was established 1984 and is a well established global player in the telecom business, with its headquarters in Stockholm, Sweden.

  • It’s very exciting to be able to use our experienced business and sales expertise to ramp up a young and promising startup. RDXT and Scott Adams has proved extraordinary skills on the technical side. The offerings are really great and now we are looking forward to scale the business, says Rickardh Gärdström, CEO of Possio.

In stores May 2017
Possio tracker will be sold at Clas Ohlson in the following countries: Sweden, Norway, Finland, UK, Germany, UAE starting in May 2017. To get a sample device for testing, please contact:

Rickardh Gärdström
CEO, Possio AB
rickardh.gardstrom@possio.se
+46 73 310 00 99

Meet Possio at #MWC17, Swedish Pavilion, Hall 7, E41 & F41 

Possio is an IoT Company offering connected IoT-services. Right now we focus on hardware and connected services for vehicles. Together with RDXT, we develop and offer a range of products and services for the nordic market, such as MTR Log Drivers Journal and the Possio Tracker. Our products can be found in stores such as Mekonomen, Clas Ohlson and Dustin.

For the past 33 years Possio has been developing and marketing fixed and portable wireless products globally. We have a genuine track record of turning customer problems into relevant easy-to-use communication products for the international markets