iQSTEL Inc (IQST)

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IQST - iQSTEL Commences 2500 IoT Unit Installation For Fortune 500 Chemical Company
August 06 2021 - 09:07AM
InvestorsHub NewsWire
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New York, NY -- August 6, 2021 -- InvestorsHub NewsWire -- iQSTEL, Inc. (OTCQB: IQST) today announced initiating installation of 2500 units of iQSTEL’s proprietary IoTSmartTank devices scheduled this month. The client is a Fortune 500 Chemical Company. The 2500-unit installation and recuring maintenance and monitoring will bring iQSTEL’s Technology Division to breakeven profitability. The IoTSmartTank engagement with the Fortune 500 Chemical Company currently entails just one of the clients’ facilities giving the engagement substantial potential to grow. The engagement has been developing and expanding now for some time and is anticipated to continue growing as it has from a field earlier test this year:

iQSTEL Announces IoTSmartTank Field Test Success

The first batch of production devices are now ready to install, and the software platform has been fully customized for the client.

Mr. Iglesias commented: “Our Technology Division is doing a fantastic work. They are currently working on 3 projects at the time - IoTSmartTank, IoTSmartGas, and IoTSmartEV and Heads-Up Display. All three products are close to production ready. Our CTO of the Technology Division, Jonathan Bunt, is personally coordinating all of these multi country projects, and meeting or exceeding all customer expectations.

iQSTEL Inc (OTCQB: IQST) (www.iQSTEL.com) is a US-based publicly-listed company...