Terepac Corporation joins North American tech mission to China

Terepac News Release, for immediate release:

Waterloo, Ontario, Canada
May 8, 2017

Waterloo-based Terepac Corporation is among a dozen enterprise companies from North America taking part in the Istuary China Mission, an event touring five major cities in China from May 15 to 26.

The mission aims to build connections with China's local governments, plus increase knowledge of local market dynamics and policies in China's growing technology sector.

"Terepac is extremely pleased to be part of this ground-breaking visit to China," stated Terepac CEO Ric Asselstine. "When we say our company is 'giving voice to the world', we mean that literally. We give voice and visibility to any and all objects. No bounds. No limits: physical, digital, geographic."

The Istuary China Mission will tour in the cities of Zhuhai, Shenzhen, Wuhan, Hangzhou and Chengdu. Participants will have access to trade shows, investment forums and industrial park orientations.

"Terepac provides unique IoT solutions that made them stand out against other IoT providers," said Michael Liu, VP of Istuary Idea Labs. "Based on their offering, we are pleased that Terepac is participating in the Istuary China Mission solely organized to help build connections between Canadian and US technology firms with China's local customers, tech community as well as institutional investors. This is definitely a good step in the right direction."

The mission continues Terepac's aggregate, integrate and scale strategy as it delivers trusted end-to-end IoT solutions at work, at home and at play to unvoiced or under-voiced assets. From fire hydrants to pumping stations, cars to conveyor belts, whether through elevated data immutability through its Data Reliance as a Service (DRaaS) offering, or trusted object-to-object transactions via the Terepac Blockchain, the company’s aim is to increase efficiencies, optimize processes and help sustain the planet.

Rounding out the list of firms joining the Istuary China Mission are Bluewrist Inc., Big Solve Robotics, inMotiv, EYEXPO, ROIKOI, Springpower International, Lucent, Splashtones, Sport Testing Inc., 4D Retailing and Thomson Power. Also joining the China Mission is the Deputy Mayor for the City of Toronto, Denzil Minnan-Wong, who will be heading the kick-off session in China.

For further information about the Istuary China Mission, please go to www.istuary.com/chinamission.

About Istuary Innovation Group

Istuary Innovation Group is a Canadian technology company with a mission to connect local technology to global markets through glocalization for sustainable innovation. Istuary focuses on identifying and filling technology gaps in foreign markets by leveraging Canada's world-class design and engineering talent. Operating in three countries and 30 cities, Istuary has more than 1,500 employees worldwide. Go to www.istuary.com for more information.

About Terepac Corporation

Converging a critical blend of distinct technical knowledge and subject matter expertise, Terepac Corporation "gives voice to the world". Layering mechanical, electronics, cloud and security know how, Terepac offers IoT solutions ranging from "instant on/instant voice" solutions to bespoke, fully customized, IoT solutions to complement partner offerings or to transform previously unvoiced analog/physical objects into "digital".

Working with the individuals responsible for the effective operation of the equipment and processes in their organizations, Terepac "follows them in" to their space, enabling real time monitoring, optimization, and preventative actions which were previously unavailable.

By teaming up, this powerful, unique approach integrates digital knowhow with equipment and processes in ways that makes the information truly useful. It enables organizations to identify previously undetected problems, including ones that were previously undetectable by any other means, before they happen. Tapping electronically and digitally into previously unvoiced assets can also verify that all is well, often times equally as important to know. Further, it enables equipment and process optimization in real time, in ways that were previously not possible.

Terepac is the unique one stop shop creating the "go digital onramp" for end customers and solution partners to join this internet of things. Terepac integrates and aggregates and gives voice to the world.

For more information, please visit www.terepac.com.

Media Contacts

Tom Nunn
Media Relations, Terepac Corporation
E: (519) 497-3437
T: tom.nunn@terepac.com

Shirley Wong Walker
Manager, External Relations, Istuary Innovation Group
T: (604) 299-0388
E: media@istuary.com

Kris Bruynson