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Latest Micronet LTD. Stories

2014-07-09 08:34:46

- David Lucatz, CEO: "Our momentum continues as our comprehensive product offerings gain additional interest and demand." MONTVALE, N.J., July 9, 2014 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (NASDAQ: MICT) today announced that its subsidiary Micronet Inc., received an additional purchase order totaling $800,000 for TREQ-VMX fully-portable, rugged mobile tablets from a U.S. based Mobile Resource Management (MRM) service provider. The customer is a leading MRM service...

2014-07-03 12:20:28

Industry Veteran to Lead Micronet Enertec Subsidiary to Accelerating Growth in the Global MRM Space MONTVALE, N.J., July 3, 2014 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (MICT) announced today that its subsidiary, Micronet Ltd., has appointed Mr. Shai Lustgarten as CEO of Micronet Ltd., effective July 1, 2014. Mr. Lustgarten was formerly Executive VP of Business Development for Micronet Enertec Technologies since late 2013. Prior to joining Micronet Enertec, he served...

2014-06-30 08:22:34

MONTVALE, N.J., June 30, 2014 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (NASDAQCM: MICT, the "Company") announced today that its wholly owned subsidiary Enertec Electronics, Ltd. signed a definitive agreement to acquire 736,341 shares of Micronet Ltd ("Micronet") constituting 3.9% of the issued and outstanding shares of Micronet from Mr. Rafi Katz, Micronet's former CEO. The consideration for the purchased shares is $642,000. After closing of the transaction, the Company's...

2014-06-11 08:20:35

David Lucatz Chairman and CEO: "We are committed to play a dominant role in the multi-billion dollar MRM market" MONTVALE, N.J., June 11, 2014 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (NASDAQCM: MICT, the "Company") announced today that the Company, via its wholly owned subsidiary Enertec Electronics, exercised an option and purchased 1.2 million shares of Micronet Ltd ("Micronet") constituting 6.3% of the issued and outstanding shares of Micronet. The Company paid in...

2014-06-05 12:35:48

Acquisition Positions MICT as one of the Leaders in the Global MRM Space SALT LAKE CITY, June 5, 2014 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (NASDAQCM:MICT) announced today that its subsidiary Micronet Ltd completed the previously announced acquisition of certain assets and liabilities of the MRM/FM business division of U.S. based Beijer Electronics Inc (Seller), a fully owned subsidiary of Beijer Electronics, a Swedish publicly traded corporation headquartered in...

2014-05-07 08:38:19

The Accretive acquisition Positions Micronet as a Leader in the Global MRM Space MONTVALE, N.J., May 7, 2014 /PRNewswire/ -- -- Beijer's MRM/FM generated approximately $11M in 2013 -- Over fifteen active customers and many sales leads will enhance Micronet's customer base -- Micronet will pay $6.5M in cash plus up to $1.3M for necessary inventory -- David Lucatz, CEO: "The Beijer transaction is a cornerstone in the life of MICT and a major milestone in...

2014-04-11 08:26:47

The A307 series Mobile Computing Devices will Support Trucking and Long-Haul Solutions in Chile and in Mexico MONTVALE, N.J., April 11, 2014 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (NASDAQCM: MICT), a developer and manufacturer that integrates and globally markets rugged computers, tablets and computer-based systems for the commercial Mobile Resource Management (MRM) market and for the defense and aerospace markets, today announced over $400,000 in orders for its A307...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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