GeoTraq’s Recently Completed Suite of IoT Asset Management Tools Now Viable in Most Industry Verticals
GeoTraq’s ultra small tracker simply allows customers to deploy what it believes are the smartest, most connected technological accounting and monitoring devices within the IoT, uniquely scalable due to a proprietary blend of affordability, compatibility and efficiency offered under the
Lost assets cost money, and lots of it. In addition, asset loss is also costly in terms of time, labor, and even creditability. Invariably, the problem crosses all sectors, from overseas medical device manufacturers to national and local furniture retailers which lose upwards of
With its recent refinement and completion of its state-of-the-art product line,
Vehicles, parts, boxes, pallets, people, equipment, furniture, etc, and GeoTraq Mobile IoT modules can now be tracked globally and affordably. GeoTraq’s penny-sized Tracker-Modules can report location data as well as sensor information using NB-IoT and LTE-M technology anywhere there is cellular coverage.
“GeoTraq is now well-positioned to drastically change the ways companies are viewing Asset Management,” stated
GeoTraq’s patented technology intelligently transmits small packets of data at scheduled times or for trigger-based events – such as your asset entering or leaving a geofence, or dangerous temperatures thresholds. Almost any type of sensor can be attached to our modules, bringing unparallelled flexibility to the implementation of asset tracking solutions. The global costs of lost assets are staggering – but an IoT asset tracking solution needn’t be. GeoTraq IoT modules for asset tracking power solutions you can rely on for security and speed, at a cost that can drive true ROI across the supply chain.
“Entirely new categories of assets will be tagged that are lower in value and size and we are already working with companies on disposable tracking tags that will be discarded along with the packaging and wrappers,” added Parent. “Frankly, this level of scalable, easily integrated system is revolutionary."
About
About
We have a vision for a simple, smart, connected world. We empower that vision through our self-contained, fully integrated mobile IoT modules. Our modules are designed with a small plug-and-play form factor for easy attachment of antenna, battery and sensors. Combined with low-cost connectivity,
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
Company Contact Info:
Email: tmatula@spyr.com
Investor Relations & Financial Media
team@integritymedia.com
Toll Free: (888) 216-3595
www.IntegrityMedia.com
Source:
2022 GlobeNewswire, Inc., source