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Triax Technologies and United Rentals Bring Data-Driven Innovation in Safety and Productivity to Construction Jobsites, Equipment Rental Market

June 5, 2018

NORWALK, Conn. & STAMFORD, Conn.--(BUSINESS WIRE)--Jun 5, 2018--Triax Technologies, Inc., a leading provider of technology for the connected jobsite, today announced a partnership with United Rentals, Inc., the world’s largest equipment rental company, to offer Triax’s flagship Spot-r IoT system at its rental branches.

Triax’s proprietary Spot-r IoT sensor technology provides unprecedented insights into real-time worker and asset management. The system will integrate with United Rentals’ proprietary, web-based software solutions, giving construction firms a comprehensive look at equipment utilization, operator identity and site safety.

“Our companies share a commitment to help shape a new age in construction through innovation,” said Pete Schermerhorn, president and chief operating officer, Triax Technologies. “United Rentals is a forward-thinking market leader that will make our technology broadly available through the rental process, giving construction firms the insights and tools they need to work safer and more efficiently.”

Triax’s Spot-r system collects real-time data indoors and outdoors without the need for Wi-Fi. Moveable, plug-and-play Spot-r Clips and EquipTags are worn by workers or tagged on equipment, automatically monitoring the location, time and attendance of personnel, as well as equipment location and utilization. Safety advances include sensor detection of fall events with triggered alerts, an evacuation alarm in emergency situations, and a channel for worker reporting of hazards and non-fall injuries.

“Triax Technologies is bringing critical, next-generation resource visibility to the jobsite,” said Matthew Flannery, president of United Rentals. “By including Spot-r in our rental offering, we are helping our customers improve safety, make better decisions about equipment usage, and work more efficiently while reducing overall costs.”

About United Rentals

United Rentals, Inc. (NYSE: URI) is the largest equipment rental company in the world. The company has an integrated network of 1,002 rental locations in 49 states and every Canadian province. The company’s approximately 15,000 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers approximately 3,400 classes of equipment for rent with a total original cost of $11.39 billion. United Rentals is a member of the Standard & Poor’s 500 Index, the Barron’s 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Conn. Additional information about United Rentals is available at www.unitedrentals.com.

About Triax Technologies, Inc.

Triax Technologies, Inc. is a Norwalk, Conn.-based technology company that develops and delivers Internet of Things (IoT) solutions for the construction industry. Its flagship Spot-r system connects workers, equipment and managers through a proprietary, minimal infrastructure network, sensors and a cloud-based dashboard. By providing real-time, data-driven visibility into daily site operations and safety incidents, Spot-r is changing the way construction companies manage resources, information and risk. Triax develops intelligent, actionable solutions that address the complexities of an active jobsite, and helps firms streamline processes and build safer and smarter. More information can be found at www.triaxtec.com.

LinkedIn

Twitter: @TriaxSpotr

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KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY

SOURCE: Triax Technologies, Inc.

Copyright Business Wire 2018.

PUB: 06/05/2018 09:00 AM/DISC: 06/05/2018 09:01 AM

http://www.businesswire.com/news/home/20180605005599/en

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