SOURCE: The Tracking Corporation
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September 28, 2007 13:27 ET
The Tracking Corporation Taking on Yellow School Buses at a National Level
DALLAS, TX--(Marketwire - September 28, 2007) - The Tracking Corporation (PINKSHEETS: TRKG)
recently announced a public-private partnership between The Tracking
Corporation and Niagara Falls School District that will allow the
district's school buses to be equipped with GPS technology within the next
few months to track the movement of the buses and eventually students. The
Tracking Corporation today announces being selected by Zepco Sales &
Service, Inc. for the National Account with US Yellow School Bus® (YSB)
in order to provide TOP NOTCH STATE OF THE ART GPS Tracking Devices
accommodating Yellow School Buses at a nationwide level.
Zepco Sales & Service, Inc., a privately owned Texas Corporation, provides
vehicle data information systems and mobile digital video recording systems
to bus fleets of public school districts.
Integrating the Microtrak GPS bus fleet system with Zepco's basic unit will
greatly enhance the functionality of the system. With over 480,000 school
buses in daily service nationwide the market is over $864,000,000 (million)
for the current product; since the system requires annual subscriptions the
long term revenue potential is extremely positive.
"We're now positioned to provide a nationwide solution that builds upon The
Tracking Corporation's purpose to Secure Your World," said Jerry Grisaffi,
Chairman and CEO of The Tracking Corporation. Grisaffi adds that there will
be more exciting things to come.
MicroTrak GPS
MicroTrak GPS, an operating subsidiary of The Tracking Corporation, is a
Dallas-based total-solutions provider, with ventures in the asset tracking
and vehicle recovery markets. MicroTrak GPS functions as a multi-faceted
corporation focusing on a turn-key approach. This level of dedication
provides them with expertise in developing, designing, providing,
manufacturing, distributing and servicing GPS technology and products. If
you are interested in viewing additional information on The Tracking
Corporation, please visit the website at: www.microtrakgps.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This press release may contain certain forward-looking statements
within the meaning of Section 27A of the Securities Exchange Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which are intended to be covered by the safe harbors created
thereby. Investors are cautioned that all forward-looking statements
involve risks and uncertainties.
Although The Tracking Corporation believes the assumptions underlying the
forward-looking statements contained herein are reasonable, any assumption
could be inaccurate, and therefore, there can be no assurance that the
forward-looking statements included in this press release will prove to be
accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion should not be
regarded as a representation by The Tracking Corporation or any other
person that the objective and plans of The Tracking Corporation will be
achieved.