SOURCE: NavStar Technologies, Inc.

NavStar Technologies, Inc.

May 25, 2011 09:00 ET

US/Canada Trucking Companies Represent $1.3B of Sales for Asset Tracking and Monitoring Companies by the End of 2012

ANAHEIM, CA--(Marketwire - May 25, 2011) - NavStar Technologies, Inc. (PINKSHEETS: NVSR), a company focused on producing and commercializing products and services for tracking/monitoring and reporting on the location and condition of high value cargo and other assets, has increased its focus on the US and Canada trucking industry. C.J. Driscoll & Associates estimates that 6.5M GPS/Wireless tracking and monitoring devices will be sold to US and Canada trucking companies by the end of 2012.

NavStar's new, smaller, feature rich asset tracking device is ideal for trucking companies as they strive to lower costs and comply with the DOT mandate for Electronic On Board Recorders to electronically record a driver's hours of service.

"With 20M trucking in the US and Canada the opportunity and timing are ideal for NavStar to participate in this market growth predicted for 2011 and 2012," said N. Douglas Pritt, Chairman and CEO, NavStar Technologies, Inc. "Our reputation for quality is tops in the industry and our service platform is flexible to meet the needs of a wide range of customers. Field trials in the first quarter of 2011 are giving us significant insight to the needs of the trucking companies so we can deliver services that help them improve efficiency and add real money to their bottom line."

About NavStar Technologies, Inc.

NavStar ( is focused on the creation of products and services that provide tracking and monitoring of vehicles and high value cargo, equipment, and other valuable and personal assets.

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