UTRK Universal Tracking Solutions Inc (CE)

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. 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.

About Universal Tracking Solutions, Inc. (Pink Sheets: UTRK)

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. 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.

Universal Tracking Solut... (CE) (USOTC:UTRK)
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Universal Tracking Solut... (CE) (USOTC:UTRK)
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From Jan 2024 to Jan 2025