KNOXVILLE, Tenn., Aug. 22, 2011 /PRNewswire/ -- ProconGPS, Inc., the leading supplier of Global Positioning Systems (GPS) vehicle tracking solutions, has filed a patent infringement lawsuit in a California Federal Court against Star Sensor, Skypatrol LLC. and others.
The complaint is related to U.S. patents 6,249,217 B1 & 6,025,774 and involves an innovative system that applies Global Positioning Satellite (GPS) technology, cellular networks, and information systems to monitor loan status for a default condition on a vehicle and to enable tracking to aid the confiscation and repossession process for dealers and finance companies. Early estimates are the damages caused by infringing companies could exceed $10,000,000. ProconGPS Inc. will also seek injunctive relief to prevent infringers from providing unlicensed products and services.
"As the world's largest subprime vehicle finance asset tracking company, ProconGPS respects other's intellectual properties and will vigorously defend its own," stated Brian Boling, Chief Executive Officer, ProconGPS, Inc. "We continue to provide products that generate significant cost savings and operational efficiencies for our customers. ProconGPS Inc. is committed to continuing the growth of this exciting Vehicle Finance GPS Tracking industry."
About ProconGPS, Inc.
ProconGPS, Inc. is a leading provider of GPS tracking solutions, and is one of the fastest growing automotive tracking companies in the USA, marketing under the brands LoanPlus, GoldStar GPS and EnfoTrace. ProconGPS, Inc.'s mission is to provide innovative, low cost GPS tracking solutions to its business customers on a one-stop-shopping basis. ProconGPS, Inc. has expertise in integrating products, content, communication networks, map databases, and service technologies. The company specializes in developing strong business relationships with leading companies worldwide enabling it to offer world-class risk mitigation and location based services to its customers. ProconGPS, Inc.'s specialized array of GPS products, call center systems, commercial tracking platforms, web tracking platforms, telephony solutions and customer service systems offer a fully integrated solution to its partners. For additional information, please visit ProconGPS, Inc.'s website at www.procongps.com.
SOURCE ProconGPS, Inc.