WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Website Related Website Development Thursday, March 28, 2024 
Add Press Release News | News Feeds Feeds | Email This News Email


Reviver(TM) Enters into Agreement with SEED Tech, LLC to Sell Digital License Plates in Dubai and Other Countries
Wednesday, November 25, 2020

GRANITE BAY, Calif., Nov. 17, 2020 /PRNewswire/ -- ReviverMX, Inc., developer of the world's first digital license plate (DLP), today announced that it has entered into an agreement with SEED Tech, LLC to serve as a value-added reseller (VAR) of Reviver's technology platform and DLPs in Dubai and several select countries.

SEED is a company of the private office of Sheikh Saeed Bin Ahmed Al Maktoum, a member of the ruling family of Dubai.

The agreement allows SEED to market and sell Reviver's Rplate(TM), Rplate Pro(TM) and the related technology platform in Dubai and several other countries. The agreement is both a significant milestone in Reviver's existing relationship with the Road and Transport Authority (RTA) in Dubai, and further aligns with SEED's vision of connected vehicles' relationships to increasingly smarter cities.

Reviver has been working closely with RTA on a proof-of-concept (POC) over the last year. With the POC now successfully concluded, Reviver has entered the next phase with SEED serving as its go-to-market partner. "SEED is a brilliant partner to work with, and this agreement is a significant strategic step in the expansion of our brand globally," said Jeff Olyniec, Chairman of the Board for Reviver. "There is no better region of the world I can think of to begin our expansion than in Dubai, which is one of the most technologically advanced regions in the world. We are very pleased to be part of the pursuit of their vision for what smart cities and connected vehicles have the potential to become."

"This agreement demonstrates the ability of our technology and products to have appeal beyond the U.S.," said Robert Wood, President & CEO for Reviver. "Importantly, our agreement with SEED clearly demonstrates the operational scalability of our platform and provides a strategic launch point into significant growth opportunity for our brand, our products and our company. Product orders stemming from our agreement will begin the third quarter of 2021, with plate deployments taking place in the fourth quarter of 2021," Mr. Wood concluded.

ABOUT REVIVER(TM)

ReviverMX, Inc. ("Reviver") is the developer of a proprietary platform that integrates motor vehicle administrations (MVA) with vehicle owners through the company's digital license plates (DLP) and a smart phone app. The platform allows MVAs to digitize vehicle registration renewals and a variety of compliance transactions for potential cost savings to MVAs. Additionally, the platform delivers a growing menu of DLP personalization features that customers manage from their smart phones. Reviver sells two types of DLPs; the Rplate and the Rplate Pro. Both are legal for sale in California and Arizona with eleven states in various stages of adoption. For additional company and product information visit www.reviver.com.

SAFE HARBOR STATEMENT

ReviverMX, Inc. ("The Company") has prepared and provides all the financial and related information stated herein. The Company makes no express or implied representation or warranty as to projections, estimates, future plans, or forward-looking assumptions or statements, nor as to their attainability or the accuracy and completeness of the assumptions from which they are derived. Projections and estimates of the Company's performance are necessarily subject to a high degree of uncertainty and may vary materially from actual results.

View original content to download multimedia:http://www.prnewswire.com/news-releases/reviver-enters-into-agreement-with-seed-tech-llc-to-sell-digital-license-plates-in-dubai-and-other-countries-301174832.html

SOURCE Reviver



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav Valeo Takes the Driver's Seat on Generative AI with Google Cloud | Mar 28, 2024
Nav Global Polymerase Chain Reaction for qPCR, dPCR, Singleplex & Multiplex Markets, 2023-2024 and 2027: Lowering Costs, Improving Outcomes and Battling Against Anti Microbial Resistance | Mar 28, 2024
Nav SS&C Unveils Next-Gen Hybrid Intelligent Automation Platform | Mar 28, 2024
Nav Restaurantware Launches New AI-Enabled Website Design | Mar 28, 2024
Nav MCI USA Wins Seven MUSE Creative Awards for Strategic & Digital Communications | Mar 28, 2024
Nav Macerich Embraces Space Planning Capabilities with Yardi Floorplan Manager | Mar 28, 2024
Nav Clarifai Named a Leader in Computer Vision Tools Report by Independent Research Firm | Mar 28, 2024
Nav Emerson Earns 2024 ENERGY STARĀ® Partner of the Year Award for Energy Management | Mar 28, 2024
Nav Helika Announces $50M Web3 Gaming Accelerator Program with Backing from Pantera, Spartan Capital, Sfermion & other VCs | Mar 28, 2024
Nav Unveiling Jamba: AI21's Groundbreaking Hybrid SSM-Transformer Open-Source Model | Mar 28, 2024
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News