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WirelessDevNet.com Press Release
LGV Wireless Solutions and CPS Partner To Drive Vehicle and Asset Tracking Devices
Leading Brazilian vehicle and asset tracking solutions company LGV is to partner with CPS (Cambridge Positioning Systems Ltd) in developing a new range of high accuracy location devices.
LGV, based in São Paulo - Brazil, is to integrate CPS's Matrix software-only location technology into a range of form factors targeted at enterprises seeking low cost traffic management. Initial trials have already taken place highlighting Matrix's ability to deliver precise and fast location fixes across all environments.
LGV and CPS plan to co-operate on ongoing location product development for the Vehicle and Asset Tracking market place. "LGV selected Matrix because of its ease of integration, low cost and proven performance. There is strong and growing demand for a vehicle and asset management solution that offers high accuracy and low cost in discreet form factors that appeal to a broad marketplace. Matrix helps us build on our existing customer base and helps us open this new marketplace which, in the past, may have seen tracking solutions as too expensive", said Mr. Rodrigo Domingues, commercial director of LGV.
CPS CEO Chris Wade added: "Vehicle, asset and personnel security has emerged as one of the key markets for our technology. The fact that we are seeing rapid acceptance for Matrix underlines its flexibility, deployability and its fundamental ability to meet a real need for low cost tracking solutions."
CPS' Matrix technology - winner of the Frost & Sullivan Customer Value Award
2004 - is a unique software-only solution that combines sub-100m accuracy with rapid location time-to-fix and consistent performance across outdoor and indoor environments. Easy to deploy, Matrix requires software-enabled standard GSM devices and network server.
About CPS:
CPS (Cambridge Positioning Systems Limited) delivers cost competitive high accuracy mobile location technology to the billion-strong customer GSM and emerging 3G/WCDMA markets. CPS' products are based on its software-only Matrix technology - which delivers sub-100m accuracy, sub-3 second location fixes and all environment coverage. The product portfolio extends to Matrix 3G and E-GPS - a powerful combination of Matrix and GPS technology.
With network deployments of Matrix underway, CPS is working with the world's leading mobile technology companies - including Nokia, HP, LogicaCMG and Andrew - to enable a new generation of high accuracy location based services and devices for enterprise and consumer markets. Headquartered in Cambridge (UK), CPS is funded by venture capital and strategic corporate investors.
CPS's value is underpinned by 20 key worldwide technology patents - one of the largest and most comprehensive IPR portfolios of high accuracy location technology in the world. For more information about CPS visit:
www.cpslocates.com.
About LGV:
LGV Wireless Solutions is a technology company based In Brazil with great expertise to develop wireless technologies such as hardware and software applications. In the last four years, LGV has been focusing the vehicle tracking market, which is highly potential in Latin America, especially in Brazil, providing turn-key solutions for logistic, security and risk management applications.
With a substancial market share using GPS technology, LGV is now facing a new opportunity with CPS Matrix system, believing that, in a short period, will be a very successful product, that has high accuracy, indoor location and especially lower cost. For more information about LGV please visit www.kxt.com.br .
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