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WirelessDevNet.com Press Release
GlobeTrac Inc. Completes Installation for SLBM Ltd. Improving Revenues and Reducing Fleet Costs
GlobeTrac Inc. (OTC BB: GBTR), a leading supplier of telematics and tracking services, is pleased to announce it is the exclusive provider of vehicle management systems for SLBM. GlobeTrac has completed installation of its L2000 wireless data communications system in the SLBM Fleet. Operating on Orange's GPRS data network the Locator 2000 mobile asset management solution allows dispatchers to:
-- Monitor driver activities to aid in route adherence and time management
-- Quickly locate and manage mobile assets
-- Easily view and management mechanical and maintenance data
-- Document activity to evaluate efficiency and utilization of data
Based in Leeds UK, South Leeds Builders Merchants is a privately owned and operated distributor of building materials, with a fleet of HGV's for the delivery of building materials all over the United Kingdom.
"We have been exploring vehicle telematics systems for over two months, and our decision was driven by the need to manage rising fuel costs (excess mileage) and overtime claims (productivity). Also we needed to have a reliable management tool which would assist our customer service department to provide better service than our competitors," said Tony Foster of SLBM.
Tony added, "The Quadrant(TM) - fleet management system provided by GlobeTrac Limited, proved to be flexible to our needs as well as value for money. All this combined with the exceptional customer service, made my final decision between GlobeTrac's product and another GPRS competitor very simple."
Colin Albert (Chief Operating Officer for GlobeTrac Limited) said "I am delighted with SLBM's decision and how rapid the interest in GlobeTrac's offering is increasing since recently expanding the UK sales team into the Midlands, Northern England & Scotland."
About GlobeTrac
GlobeTrac provides Internet based wireless GSM/GPRS solutions with tracking, telematics and geo-fencing capabilities direct to end-users and through wireless network operators. GlobeTrac has an exclusive master distributorship agreement in Europe for the WebTech Wireless tracking devices. It has developed relationships for sales and recurring income based on the Telecom GPRS network system, which came into operation in April of 2002. GlobeTrac believes that for the present it has the world-leading tracking device in this field and the ability to exploit the device.
As efficient way for GlobeTrac to maintain contact with its customers and shareholders, the Company has devised a monthly newsletter featuring a President's message and updates on GlobeTrac growth and general Industry news. To sign up for the monthly newsletter visit the GlobeTrac website at www.globetrac.com
Certain statements contained in this news release are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Because these statements include significant risks and uncertainties, actual results may differ materially from those expressed or implied by the forward-looking statements. For a discussion of some of these risks and uncertainties, please refer to the company's SEC filings, which contain additional discussion about those risk factors, which could cause actual results to differ from management's expectations. GlobeTrac Inc. expressly disclaims any obligation to update the statements contained in this news release.
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