BEDFORD, Texas, Nov. 13, 2014 /PRNewswire/ -- Galenfeha, Inc. (OTCBB: GLFH), an engineering and mechanical design firm with a focus on the oil and gas measurement, automation, and production industry, announces the successful proving of its proprietary, satellite/CDMA based, geo-location asset tracking system.
For the last six months, Galenfeha has been developing a private label, unique, user interface driven, real-time performance and asset tracking system that is internally integrated within the Company's line of LiFePO4 battery systems. The system not only communicates the current battery performance, but also operates as a Cloud driven database to collect and collate individual client information, and uses unique ESN numeric identifiers to reference each client's specific asset performance and inventory. The system then utilizes a combination of CDMA technologies coupled with satellite geo-location referencing to accurately monitor and track the battery system in the event of theft. This feature, functioning as an integrated component within the battery product, was a specific engineering request from several of Galenfeha's valued oil and gas clients. The Company is pleased to offer unparalleled engineering maneuverability, and effectively answered our customers' request.
The system successfully proved itself on 11/10/2014, when a battery with the asset tracking system was stolen from a natural gas location in East Texas. The Galenfeha server system features unique user access for individual clients and provides the ability to generate a "geo-fence." In the event of a breach of the virtual perimeter that is set by the client, the system sends alerts via text message as well as e-mail notification to the user, and begins actively tracking the asset. This particular instance allowed for the mid-stream pipeline company to immediately alert local authorities to the event, as well as provide detailed directions to the perpetrator's home, where he was arrested without incident and the asset was recovered.
James Ketner, President and Chief Executive Officer of Galenfeha stated, "The theft of batteries and equipment from oil and gas locations around the United States is, and has been, an ongoing issue. Our system provides our clients with a two-fold benefit of not only recovering the asset, but also helping to deter theft. These products assist clients by reducing interruptions of flow measurement equipment and critical day to day location services, which in turn helps increase operational efficiency."
About Galenfeha, Inc.
Galenfeha, Inc. is an engineering services and product development/manufacturing company serving the oil, gas, and energy industries. The company is continually researching and developing new products to aid energy producers in reducing costs, increasing efficiency, and reducing global pollution. Galenfeha products include a complete line of patent pending, microprocessor controlled, LiFePO4 chemistry battery systems for measurement, automation, and chemical injection systems.
For more information on Galenfeha's products and services, please visit www.galenfeha.com.
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SOURCE Galenfeha, Inc.