Capital Ideas Research

Capital Ideas Research

September 02, 2010 10:30 ET

Capital Ideas Research Publishes Update on Blackline GPS Inc.

TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) - Capital Ideas Research has published an update report on Blackline GPS Inc. (TSX VENTURE:BLN) recommending a BUY with a target price of $0.22, representing a target return of 100 percent from yesterday's closing price.

Blackline develops and markets location tracking products and services. The report highlights the sales and potential of Blackline's expanding industrial safety portfolio. 

Loner™ is a product in this category that proves to monitor the safety of employees and transmit their precise location when the employee is distressed or injured. Loner addresses a high growth market that exists globally, and is legislated by Province. 

The report also outlines products in development which transition the company's portfolio into greater commercial and industrial businesses, including capability that allows users to track packages, school children, and criminal suspects.

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