NavStar Technologies, Inc. Looks Forward to New Revenue Opportunity as Machine ...
ANAHEIM, CA, Feb 24, 2012 (MARKETWIRE via COMTEX) -- NavStar Technologies, Inc. (pinksheets:NVSR), a company focused on producing and commercializing products and services for tracking/monitoring and reporting on the location and condition of high-value cargo and other assets, has identified another market segment for its unique wireless/GPS hardware and services platform.
NavStar announced today that it will leverage its new technology hardware platform to provide an ultra-low cost solution to participate in the "machine-to-machine" (M2M) growth that is expected in the next 5 years.
-- Gartner has named M2M one of the top ten mobile growth markets for the next 5 years. -- Beecham Research forecasts that 57B M2M units will be installed worldwide by 2014 and M2M Asset Visibility will be a $28 billion market. -- Beecham also predicts that 95mm wireless M2M modemsDelorme Inreach™ Wins Prestigious Innovation Award for Electronics at Miami ...
, Delivery confirmation, “follow me” remote GPS tracking, and worldwide coverage via the Iridium network.The two-way text messaging capability is especially crucial in SOS situations. Boaters or other in-distress users can describe their situation so that search-and-rescue authorities know what assets to deploy.
They can also exchange updates with the response center, including sharing information on subsequent injuries or damage, changing weather conditions and revised responder ETAs.
“inReach’s two-way communication can eliminate one of the most vexing issues search-and-rescue authorities face – false alarms,” said Patrick Shay, DeLorme Vice President and General Manager for Connected Solutions.
For friends and family at home, the “follow me” remote tracking feature lets them see the user’s travel progress online, at programmable intervals. It also has the capability for family and friends to ping the remote device to determine locations on demand.
GeoTrak: Admin teams can use a mobile phone's GPS to follow their mobile team through GPS tracking, letting them dispatch jobs to the closest team member
