CSI Wireless receives $7m order from INTERTRAK
Alberta, January 9, 2001 - CSI Wireless Inc, a
provider of advanced wireless and GPS technologies for the high growth
automotive, commercial, and consumer markets, has received a $7.2 million
purchase order for its AssetVisionT for MicroBurst® technology from
InterTrak Tracking Services, L.L.C., a company dealing in vehicle and asset
tracking
services in the United States. The order is to be delivered over a
12-month
period with shipments beginning immediately.
AssetVision for MicroBurst, introduced to the market by CSI Wireless in
October of 2000, is a powerful wireless location-tracking hardware device,
capable of tracking and monitoring vehicles and assets virtually anywhere
in
the United States, Canada and Mexico, and throughout much of South
America.
AssetVision for MicroBurst combines Global Positioning System (GPS)
technology with MicroBurst wireless packet data communications into one
integrated device, providing a low-cost mobile product for many telemetry
and telematics applications.
InterTrack will use AssetVision to provide vehicle and asset tracking
services to track individual vehicles or entire fleets from a secure
website
interface anywhere Internet access is available. By integrating
AssetVision
with its telematics and software, InterTrak provides an economical and
easy
to use system for vehicle tracking.
"CSI Wireless simply provides us with the best technology for vehicle and
asset tracking services," said Nick Greco, Director of Operations at
InterTrack. "CSI's AssetVision provides good power management,
scalability,
functionality changes, and makes it easy to change tracking parameters."
Stephen Verhoeff, President & CEO of CSI Wireless Inc. stated,
"AssetVision
for Microburst is a highly configurable tool for vehicle tracking and
control and remote asset management, offering hundreds of diagnostic and
command and control functions. InterTrak is providing a competitive
service
using AssetVision that is attractive to both the consumer and commercial
markets."
InterTrak is a simple yet powerful vehicle tracking system composed of CSI
Wireless hardware along with InterTrak's GPS central station tracking and
mapping software which allows users to track vehicles from multiple
locations including home or office.
Each vehicle being tracked is outfitted with one AssetVision unit, and
InterTrak GPS software and maps are installed on a Windows based computer
with Internet capability for base monitoring station. Each vehicle is
given
its own identity and password key which allows vehicles to be tracked
individually or in groups or fleets. Location reports can be generated on
a
scheduled basis or on demand at any time. Typically it takes less than 20
seconds to retrieve location information and plot the position on an
InterTrak GPS map - substantial improvement from several minutes for
competitive services.
The InterTrak has a wide range of applications but is most suitable for
personal security, precious cargo tracking, and public safety; where up to
the minute real-time tracking is essential. The InterTrak will display the
vehicle's current speed and position and can provide a detailed report of
vehicle's history including speed, distance and locations for a defined
period. Intertrak's on-board intelligence provides real-time fleet
location
information to increase productivity, closer fleet control and theft
recovery.
"InterTrak represents the affordable solution for small and medium fleets
that want to improve and maintain timely deliveries and pick-ups without a
huge capital investment," said Greco.
Safety and vehicle theft recovery is a primary service for InterTrak
users.
Utilizing a cutting edge police-aided vehicle recovery system, Intertrak
employs a 24 hour monitoring center which provides a vehicle's GPS data to
law enforcement agencies to recover a stolen motor vehicle. Concealable
and
silent, AssetVision is embedded so the driver is unaware of the fact that
the vehicle is being tracked.
As part of the stolen vehicle recovery solution, InterTrak will have
donated
its tracking software to law enforcement offices throughout the United
States by the end of 2001. This will enable law enforcement agencies to
locate stolen property faster than the other systems currently being used.
The process will also free up valuable time and resources for the agencies
and public safety.
With an aggressive market strategy, InterTrak's key differentiators are no
monthly fees, quicker response times, and standard backup battery power
for
safety. InterTrak is the first to provide a vehicle and equipment
recovery
system with nationwide coverage with no monthly monitoring fees. In under
two years InterTrak already has over 4000 users today and has begun
providing services to one of America's largest fleet leasing companies.
The
company is also negotiating OEM relationships with automotive equipment
manufacturers.
"We have arranged a good supply agreement with CSI Wireless which will
support the high growth that we anticipate over the next several years,"
added Greco.
As InterTrak's key hardware supplier, CSI Wireless will also move forward
partnering on development and engineering. This relationship has been
established between InterTrack and the top-notch CSI Wireless engineering
team to ensure market leading solutions and services for mutual success in
the future.
InterTrak's quick decision to switch to CSI Wireless as its key strategic
hardware supplier is an indicator of the positive market reception the
Company has received for AssetVision for Microburst, which was only
released
in October of 2000. CSI Wireless is in discussions with other customers
in
both the United States and Canada for utilization of AssetVision for
MicroBurst for other asset tracking services, as well as other commercial
fleet management requirements including remote monitoring of engines, oil
pressure, fuel, runtime hours, and geo-fencing in addition to typical
location-based information.
For more information visit
www.vestorcom.com
