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TMCNet:  NEXT Future Transportation and Globetouch Inc. Announce Partnership

[May 17, 2017]

NEXT Future Transportation and Globetouch Inc. Announce Partnership

NEXT Future Transportation and Globetouch Inc. today announced a partnership to deliver next generation municipal transportation solutions. Both companies made the announcement during the Connected & Autonomous Vehicle Conference in Silicon Valley, which brings together industry leaders to explore new business models in the implementation of transportation and mobility technology of the future.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170517006067/en/

(Graphic: NEXT Future Transportation)

(Graphic: NEXT Future Transportation)

NEXT Future Transportation is developing the world's first advanced smart transportation and goods movemnt system based on swarms of modular self-driving vehicles. Globetouch Inc. is a leader in global connectivity services for the connected vehicle and the Internet of Things (IoT) market.

The partnership will combine NEXT's expertise in solutions for public transportation with Globetouch's market leading data connectivity platform technologies to deliver solutions for today's increasingly data rich transportation world.

Together NEXT and Globetouch Inc. are co-innovating around the massive global market opportunity for smart transportation, a market that is forecasted to grow at a CAGR of 24.3% from 2015 to 2020. The market is driven by a growing global population, urbanization, climate change and the development of smart mobility.

"Modernizing the world's ailing ground transportation system is both one of the most significant challenges and opportunities of the 21st Century," said Emmanuele Spera, CEO of NEXT. "NEXT and Globetouch Inc. will identify strategic projects that will accelerate integration around multimodal transportation solutions and ultimately help cities alleviate congestion."

John Jiang, President of Globetouch Inc. commented: "As we enter a new era of information centric transportation, connectivity is right at the center of key opportunities. Our unique global virtual ecosystem of network operators will support the NEXT's autonomous fleets and associated IoT infrastructure around the globe."

About - NEXT Future Transportation

NEXT is an advanced smart transportation system based on swarms of modular self-driving vehicles. Each module can join and detach with other modules on roads and highways. The company has created a proprietary open, bus-like environment among modules, allowing passengers to stand and walk from one module to another while in motion. To learn more, please visit:�www.get-next.com.

About - Globetouch Inc.

Globetouch Inc. is a leader in global connectivity services for the connected car and the IoT. By building an ecosystem of operators with a next generation control center, Globetouch Inc. provides car manufacturers and IoT enterprises a single interface to reach a global footprint. To learn more, please visit:�www.globetouch.com.


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