Post by
blondzai on Oct 17, 2000 9:44am
Hollywood Deal
HOLLYWOOD DEALER TO RESELL XST’s MOBILETRAC
Calgary, AB (Oct. 17, 2000) – John Way, President of XS Technologies is proud to announce that a Reseller Agreement has been signed with Advance Mobile Technologies of North Hollywood, California that marks the beginning of the company’s services launch into the United States. The agreement gives XST, the Canadian developer of precision GPS asset tracking products, access to Advance Mobile’s extensive customer base in Beverly Hills and the sizable California market.
“This partnership demonstrates that our vision of XST’s products and services is on target. The consumer tracking and safety market in the US is evolving quickly and XST believes we are well positioned to capitalize on the huge potential of this market. As this represents our first US reseller agreement, we are very excited about the expanded market presence this bring us,” states Mr. Way.
According to the consultancy group Strategy Analytics, the global asset tracking industry is expected to reach $24 Billion Dollars US in the next five years.
The FBI reports that auto theft reached an estimated $7 billion dollars US in 1999, an 11% increase over 1998. A motor vehicle theft occurs approximately every 25 seconds in North America. In California alone, 201,000 vehicles were stolen last year according to the National Insurance Crime Prevention Bureau (U.S)
Founded in 1995, XST is the developer/owner of the proprietary MobileTrac technology, with worldwide distribution channels. XST now offers it’s suite of wireless tracking services throughout North America. The service allows customers to choose from a host of options from fully monitored service, to cost-effective World Wide Web based tracking access. MobileTrac combines high-grade, 12-channel GPS, security and sensor functions with seven different types of telecommunications protocols to provide its services to both business and consumers around the world. XST has recently partnered with Telus Mobility and TMI Canada to expand its product and services presence.
For further information, contact:
John Way, President, XS Technologies (888) 571-8722 or jway@mobiletrac.com
Richard Maeers, Senior Partner, Norcap (403) 802-3700 norcap@telusplanet.net
Companies wishing to become MobileTrac resellers, contact Mr. Michael Fraser, Director of Sales at (403) 571-8722 or mfraser@mobiletrac.com