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Premier Products Announces Agreement with Deep South Communication for SmartRoad(TM) Turtle Intelligent Roadway Pavement (iRPM) Solutions

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Premier Products Group, Inc. (PMPG) has entered into a Letter of Intent with Deep South Communications to market and distribute its SmartRoad™ Turtle Intelligent Roadway Pavement Marker Devices in Louisiana. This partnership aims to enhance smart transportation technologies, integrating advanced sensing and wireless communication to support autonomous vehicles and Smart City infrastructures. CEO Tony Hicks expressed optimism about this collaboration, highlighting Deep South's 35 years of experience in wireless communications as a key asset in future partnerships.

Positive
  • Signed Letter of Intent with Deep South Communications for SmartRoad™ Turtle device distribution in Louisiana.
  • Partnership expected to enhance smart transportation infrastructures.
  • Deep South Communications brings 35 years of wireless communication experience.
Negative
  • Potential risks associated with the implementation of new technologies in traffic management.
  • Dependence on the success of partnership for revenue growth.

WOODLAND HILLS, CA / ACCESSWIRE / April 13, 2021 / Premier Products Group, Inc. (PMPG), (OTC PINK: PMPG), a developer of smart transportation technologies, announced today a letter of intent with Deep South Communications for their marketing and distribution of SmartRoad™ Turtle (SRT) Intelligent Roadway Pavement Marker Devices (iRPM) and smart road monitoring, safety and communications solutions.

The Company is pleased to announce it has signed a Letter of Intent with Deep South Communications to install, manage, and distribute our SmartRoad™ Turtle (SRT) intelligent Roadway Pavement Marker Devices in the State of Louisiana, said Tony Hicks, CEO of Premier Products Group.

Deep South offers a range of intelligent transportation system services for local, state, and federal government.

Tony Hicks added, "We are very excited to be working with Deep South Communications based on their 35 years experience in Wireless Communications, and focus on integrating Intelligent Transportation technology and software solutions into their services portfolio. This is an exciting partnership for Premier Products and marks the first of many future collaborations and partnerships for the company."

SmartRoad™ Turtle (SRT) intelligent Roadway Pavement Marker Device use advanced sensing technologies and wireless communication technology to integrate with critical traffic management and Smart City infrastructures. When deployed, SRT devices will be embedded in and near paved road surfaces to support autonomous (driverless) and semi-autonomous vehicles and will interact with new and existing open platforms that support critical Smart City infrastructures. https://smartroadturtle.com/

About Deep South Communications
Deep South Communications integrates technologies to improve mobility and increase productivity to provide traffic incident management, crash prevention and safety, road weather management, and other useful tools. http://www.deepsouthcommunications.com/intelligent-transportation-its/

Safe Harbor Statement:

Except for historical information, certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance such statements will prove accurate and actual results, and future events could differ materially from those anticipated in such statements. The Company cautions these forward-looking statements are qualified by other factors. The Company undertakes no obligation to publicly update any statements in this release.

CONTACT:
Tony Hicks
Chairman/CEO
(818) 798-1878
tony@pmpginc.com

https://twitter.com/PMPG_INC

SOURCE: Premier Products Group, Inc.



View source version on accesswire.com:
https://www.accesswire.com/640227/Premier-Products-Announces-Agreement-with-Deep-South-Communication-for-SmartRoadTM-Turtle-Intelligent-Roadway-Pavement-iRPM-Solutions

FAQ

What is the recent agreement between Premier Products Group (PMPG) and Deep South Communications?

Premier Products Group has signed a Letter of Intent with Deep South Communications to market and distribute SmartRoad™ Turtle Intelligent Roadway Pavement Marker Devices in Louisiana.

How will the partnership with Deep South Communications impact PMPG's business?

The partnership aims to enhance smart transportation technologies, potentially increasing PMPG's market reach and revenue through advanced traffic management solutions.

What products will be involved in the PMPG and Deep South Communications collaboration?

The collaboration will focus on distributing SmartRoad™ Turtle Intelligent Roadway Pavement Marker Devices that integrate with smart city infrastructure.

What experience does Deep South Communications bring to the PMPG partnership?

Deep South Communications offers 35 years of experience in wireless communications and intelligent transportation system services.

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