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Microcap & Penny Stocks : Tracker Corporation America (TRKR)
TRKR 0.00003000.0%Mar 7 3:00 PM EST

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To: Mahatmabenfoo who wrote (1820)2/15/2001 2:45:01 AM
From: SAM-DAN  Read Replies (3) of 1877
 
Latest NR from Tracker
"NEWS RELEASE-The Tracker Corporation of America announced today that it has signed an agreement with the Plan Group of Toronto, Canada to install an application to monitor and track assets moving between warehouse and job sites. The customized application, Site Track, enables major contractors to confidentially identify high value tools,machinery and electronics,then account for them as they move from site to site.Utilization of the Tracker label in the system provides an additional value added component:Global ID, recovery and return service for all labeled or marked assets.

"Real time tracking of our mobile assets has tremendous benefits in terms of cost control, asset utilization and asset security" said Marshall Cohen, Managing Partner of the Plan Group.

From a contractors standpoint, our jobs are amoung Canada's largest, with a tremendous amount of capital tied up in our tools and equipment. We needed a system that was simple to use yet powerful, and scaleable to accomodate growth, with the promise from the savings from better asset utilization and control" added Paul Sheridan, Vice President of the Plan Group.

Site Track is our first industry specific adaptation of our core asset management product. Our successful implementation at the Plan Group is a key priority for us, as we feel this will lead to marketing opportunities with other world class contractor organizations" Said Bruce Lewis,CEO, Tracker "
Large deals or small deals, all point to the universal applications that Tracker's new technology seems to encompass. Since no revenue figures are attached to this latest NR we cannot class whether this is a significant generator of revenue or not. What it does show is that the R and d phase of Tracker's development is over and actual applications to meet the needs of business are now being configured from Tracker's technology to achieve significant
revenue contracts.
Hopefully as more such contracts are announced and Tracker's abilities are recognized, the large contracts we are all hoping for will become realized.
From little acorns ,large oak trees grow.
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