SCOTTSDALE, AZ, Oct 6 /PRNewswire-FirstCall/ - On4™ Communications, Inc. ("On4™") (OTCBB:ONCI - News), announces the company's initial product launch will focus on applications for the tracking of mobile assets.
Cameron Robb, On4™'s CEO stated, "While our tracking platform is extremely scalable and has features that can be used in a number of LBS applications, we feel it is important to take a very focused approach." The On4™ platform has a user interface (GUI) that will offer real time monitoring, tracking, navigation, bread crumbing as well as other features to provide high end asset tracking, covert tracking, and employee time management applications.
"Mobile Asset Tracking is a very significant market and includes LBS applications for fleet management, shipping, law enforcement and lease equipment," said On4™'s President, Gord Jessop. He further added, "the company believes very strongly that with the durability and precision of our GSM and CDMA tracking devices integrated with our delivery platform, On4™ will be able to make significant inroads into this market segment."
The tracking of mobile assets can provide real tangible benefits to a company such as the reduction in operational costs, reduction in paperwork, streamlined backend processes and increased productivity.
On4™ Communications is a globally diversified Location Based Services (LBS) company with offices in Scottsdale, Arizona; in Richmond, British Columbia and representation in China. On4™ is a leading provider of Public Safety, Personal Asset and Healthcare location based asset tracking and monitoring services. The company is currently in the process of designing, developing, and marketing personal LBS devices that are intended to provide tracking and location monitoring for people, animals and property of any other nature. Specific applications may include offender monitoring, elderly, medical, teens and children tracking, public safety officers, executives, cars, tracks, motorcycles, aircraft, boats, personal watercraft, ATVs, equipment, cargo, tools, trailers, electronic equipment, retail goods, and consumer goods in transit.
On4™ will utilize numerous technologies, including but not limited to CDMA, GSM, GPS, E911, A-GPS, radio frequency and beacon technology. On4™'s leading edge technology leverages global positioning system satellites and wireless technology enabling its network of members to locate anyone or anything to which our device is attached in real time.
Cautionary Statement Relevant To Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of On4™ Communications, Inc. (the "Company") and its subsidiaries. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the general ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. Words such as "anticipates," "expects," "plans," "projects," "believes," "seeks," "estimates," and similar expressions are intended to identify such forward-looking statements. The statements are based upon management's current expectations, estimates and projections, are not guarantees of future performance, and are subject to a variety of risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict, including those discussed in the Company's periodic reports that are filed with the SEC and available on its website (http://www.sec.gov). You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, On4™ Communications, Inc. undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE On4 Communications, Inc.