SOURCE: NavStar Technologies, Inc.

September 11, 2008 09:15 ET

NavStar's Fleet Management Hardware Successfully Integrated Into Ecuador Transportation Agency's Tracking System

Fixed Equipment S.A., Ecuador Selects NavStar to Provide $4.5M to $6.0M of Asset Tracking Hardware and Related Services

ANAHEIM, CA--(Marketwire - September 11, 2008) - NavStar Technologies, Inc. (PINKSHEETS: NVSR) announces that the Ecuador Government Transportation Agency has successfully integrated NavStar's Fleet Tracking System with their internet based tracking software.

As previously reported, NavStar has been selected to provide asset tracking equipment in support of the public transportation system in Ecuador and will partner with Fixed Equipment S.A. (www.fixgroup.net) to provide equipment, software and related services. The NavStar Fleet Management System will allow the Public Transportation System in Ecuador to track assets, provide roadside assistance, increase security, and provide concierge service and to track and manage their fleet. The agreement for hardware and services is expected to generate $4.5 to $6.0M in revenue over the next 12 months.

"With this successful integration of our units with Fixed Equipment S.A. and the government of Ecuador, we have taken a big step forward in South America. We believe it is the first of many contracts we can secure in this region," said N. Douglas Pritt, President & CEO, NavStar Technologies, Inc. "We have proven once again that the NavStar engineering team can deliver when it comes to customizing our product software to meet individual customer requirements."

The agreement is for 15,000 Fleet Management System (FMS) and Mobile Display Terminal (MDT).

Shareholders, clink on the links below to see screen shots of our units operating in Ecuador.

http://www.navstarinc.com/Ecuador1.jpg

http://www.navstarinc.com/Ecuador2.jpg

About NavStar Technologies, Inc.

NavStar Technologies, Inc. is focused on the creation of GPS products and services for asset tracking and hands-free calling with voice navigation.

Contact Information

  • CONTACT:
    NavStar Technologies, Inc.
    Patrick Bannister
    714-502-6900
    Email Contact