SOURCE: The Tracking Corporation

May 07, 2007 10:37 ET

MicroTRAK GPS Engages Perot Systems to Offer Better Business Solution

End-Users Benefit From Modified Operation Management System (OMS)

DALLAS, TX -- (MARKET WIRE) -- May 7, 2007 -- The Tracking Corporation (PINKSHEETS: MIOK) announces that it has, as part of a services contract with Perot Systems Corporation (NYSE: PER), completed enhancements that support improved customer service for the MicroTRAK GPS product line. With these enhancements, The Tracking Corporation makes MicroTRAK GPS customers' account information accessible on-line through implementation of a new customer service agreement, benefiting the end-user by providing an enhanced web-based, user-friendly business solution.

Commenting on the enhancements, Jerry Grisaffi, CEO of MicroTRAK GPS, Inc., said, "The development of the new customer service agreement increases flexibility. Flexibility means getting the results to the end-user faster with higher quality and accuracy. Software that can do all that is a desirable product for our customers, and we are pleased to have engaged Perot Systems so that we can bring the product to the market."

A worldwide provider of information and technology services and business solutions, Perot Systems blends strategic design, proven technology and timely delivery to create solutions that maximize returns on IT investments. The company draws on deep industry expertise and a portfolio of interrelated consulting, business process, application and infrastructure services. Through long-term relationships, Perot Systems enables its customers to achieve and sustain measurable results.

"This is a unique working relationship, blending our application integration expertise with MicroTRAK GPS' powerful software to create a significant offering for those who want enhanced, full access to their accounts on-line," said Padma Ravichander, managing director of the company's global consulting and applications solutions group. "The software advancements we have enabled support MicroTRAK GPS' total customer package."

About Perot Systems

Perot Systems is a worldwide provider of information technology services and business solutions. Through its flexible and collaborative approach, Perot Systems integrates expertise from across the company to deliver custom solutions that enable clients to accelerate growth, streamline operations and create new levels of customer value. Headquartered in Plano, Texas, Perot Systems reported 2006 revenue of $2.3 billion. The company has more than 22,000 associates located in North America, Europe and Asia. Additional information on Perot Systems is available at http://www.perotsystems.com/.

About 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.

Contact Information

  • Contact:
    Lisa Cooper
    The Tracking Corporation
    214-361-8812

    Market News First
    Angela Junell
    214-461-3411
    ajunell@MN1.com