Universal Tracking Solutions Signs Agreement to Distribute GPS Tracking Devices
1. Universal Tracking Solutions Signs Agreement to Distribute
GPS Tracking Devices
PHOENIX--(BUSINESS WIRE)--Universal Tracking Solutions (Pink Sheets: UTRK), a fleet
management GPS
information and tracking provider, today announces the signing of an
agreement to distribute a new line of GPS tracking devices and services.
"We are very pleased to add what we believe is the best GPS tracking
device on the market to our product line," said Keith Tench, CEO of
UTRK. "Our current customers and resellers have been requesting a GPS
tracking device that is designed for the auto finance business, buy
here, pay here dealership, and other asset tracking markets. Our new
device has innovative features that our customers want. OK so, this technology is officially terrifying.
I'm layering my house in aluminum foil!One exciting
feature is a 'tow alert,' which will notify our customers if a vehicle
is being towed and where it ends up. We wanted the best GPS tracking
device features available that would also beat our competitors' prices
and now we have it.
"This distribution agreement is just the beginning of a significant
ramp-up for the GPS tracking side of the business. Our core business has
been fleet GPS solutions which has been steady for the past few years.
We are now expanding our operations and increasing our company sales and
profitability for 2011. Our new tracking devices are being shipped which
will be included in this quarter's earnings," said Tench.
3. Universal Tracking Solutions, Inc. (Pink Sheets: UTRK) is
a Mobility Solutions Company delivering the most advanced products in
GPS Fleet Management, Telemetry and Telematics. UTS provides these
solutions to a wide array of market verticals including but not limited
to construction, community transportation, governmental agencies, HVAC,
heavy equipment rental, transportation/logistics, waste management, and
many more. Third part integration and custom development capabilities
set UTS apart, giving clients the most beneficial mobility management
tools available.
This press release may contain forward-looking statements covered within
the meaning of the Private Securities Litigation Reform Act of 1995.
4. These forward-looking statements relate to, among other things, plans
and timing for the introduction or enhancement of our services and
products, statements about future market conditions, supply and demand
conditions, and other expectations, intentions and plans contained in
this press release that are not historical fact and involve risks and
uncertainties. Our expectations regarding future revenues depend upon
our ability to develop and supply products and services that we may not
produce today and that meet defined specifications. When used in this
press release, the words "plan," "expect," "believe," and similar
expressions generally identify forward-looking statements. These
statements reflect our current expectations. They are subject to a
number of risks and uncertainties, including, but not limited to,
changes in technology and changes in pervasive markets.
UTS is dedicated to increasing shareholder value and investor awareness.
If you have any further questions or comments we would be happy to speak
with you further.
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greement-Distribute-GPS
