), the provider of Track Down vehicle tracking technology says it is strongly
positioned for what President and CEO Mark Gifford calls a
"breakthrough year" in 2002.
"We have made some key improvements to our existing products, making
them more convenient and environmentally responsible," Gifford said.
"Beyond that, we have newer, broader applications for them -- including
a venture designed to assist cities in the event of a terrorist attack
or other incidents.
"This combination of product enhancements and expanded capabilities
positions the company for what I believe will be a breakthrough year."
Concentrax's signature product is Track-Down, which offers
round-the-clock, real-time satellite tracking of vehicles from a
desktop computer. Its small size, easy installation and low cost make
Track-Down a preferred tool for fleet managers, government, law
enforcement, rental car companies, corporations, and anyone responsible
for monitoring the proper use and location of entire fleets or
individual vehicles, according to Concentrax.
Gifford said his optimism about 2002 is based on a number of key
developments. These include:
New Anti-Terrorism Product.
Concentrax has entered into a Joint
Operating Agreement with Texoga HSE, Inc., to develop a
demonstration command center that will allow municipalities to
know the exact location of emergency vehicles, enabling them to
respond more quickly to a terrorist attack or other crises. The
center will enable cities to instantly locate first-response
assets -- emergency, police, rescue, and firefighting vehicles --
and deploy them quickly to an incident site.
According to the company, the Track-Down Vehicle Voice Link will make
the unit more convenient, allowing customers to locate
and/or directly interface with their vehicle and its systems by using a telephone -- and without any human intervention.
Environmental Technologies. Concentrax plans to introduce an
environmentally friendly backup battery technology that will
allow Track-Down units to operate for longer periods of time
without having to be recharged.
Gifford also said the company plans to price Track-Down more
competitively and to streamline billing and payment features. "Although
we already provide better capabilities and features at a lower cost
than our competitors, we believe these steps will add to the product's
appeal to corporate and governmental clients as well as individual
users," he explained.
All of this has produced significant new contract activity, Gifford
continued. He said he expected that activity to increase even further
when the company's marketing efforts are implemented later in the year.
Concentrax, located in Houston, Texas, is a provider of
vehicle-monitoring services and technologies. The company's signature
product, Track-Down, provides data on
asset use and location, and has applications for commercial trucking;
rental vehicles/equipment; military; delivery; law enforcement;
aviation and air cargo; corporate fleets, and emergency, health care
and rescue vehicles.