VANCOUVER, British Columbia, Dec. 02, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in logistics platforms and payment solutions, is pleased to provide the following letter to shareholders from LiteLink Chief Executive Officer Ashik Karim.
It is my honor to write my first letter to you as chief executive of LiteLink Technologies Inc. (LiteLink), following a year of innovation, market expansion and exciting growth. We are staying true to our mission and core values that we have built at LiteLink over the past 18 months. 2019 was a building period both from a products and customer trust perspective, with many intentional and impactful moves. We navigated through two major industries experiencing profound disruption in business behavior.
1SHIFT in 2019 — Learning, Development, & Deployment
We continue to see trucking and carrier fleets shut down faster than any year before. Yet in the face of such headwinds, we continue to gain momentum and global interest in our logistics platform. With global costs of logistics getting squeezed down to maintain survival, the LiteLink 1SHIFT logistics brand continues to resonate with trial and commercial customers.
Fiscal 2019 also was an inflection point in our journey to discover on product development, product market fit, and our ability to extend our product offering across Canada, U.S. and Latin America. We have recently made acquisitions that have filled significant market holes in the logistics sector that we discovered during our journey this year, and we are excited to accelerate and move from market fit analysis to growth in the coming year. There is no question that our future growth plans focus on disruption in IOT hardware and sensors, technology, market value, and market differentiators.
With the 1SHIFT Logistics platform commercialization being our core focus at