Xact Technology to Launch GPS Tracking Platforms and Solutions Powered by NAVTEQ(R) Map Data

NEW YORK, March 22 /PRNewswire/ -- Xact Technology, LLC, a DMC Worldwide company and leading provider of consumer electronics products, launches a GPS tracking device platform, management solutions and a web portal interface that will incorporate NAVTEQ map data. The Xact GPS tracking hardware platform and management solutions are designed to monitor the location of loved ones, pets, property and assets. Xact has been working with NAVTEQ, the leading global provider of digital map, traffic and location data, to optimize the quality and accuracy of the tracking and location-based services applications.

"As a part of delivering our robust GPS tracking solutions, our relationship with NAVTEQ allows us to provide reliable map data and services as part of the web portal we provide for our customers," said Bill Acevedo, Vice President of Business Development, Xact Technology. "As we grow and expand globally, we are excited that NAVTEQ will continue to provide reliable map data for our consumer, commercial and enterprise tracking solutions."

Xact's GPS tracking solutions deliver customers with user-friendly interactive maps as well as additional advanced features and services. NAVTEQ map data powers Xact's GPS tracking solutions and will be essential to providing a top-of-the-line tracking experience. Xact's web portal provides users with a high level of customization and control over their XactTrax devices. The capabilities of the Xact web portal add significant benefits for Xact's customers. The relationship between Xact Technology and NAVTEQ will continue to improve XactTrax capabilities, enabling navigation and location-based platforms around the world.

"As the leading global provider of map content solutions for Enterprise applications, NAVTEQ is committed to enabling customers like Xact Technology to build high-quality, accurate mapping applications with rich content," said Roy Kolstad, Vice President, Enterprise Americas, NAVTEQ.  "NAVTEQ continuously works with customers to optimize their ability to address the increasingly sophisticated needs of the many Enterprise customers in Insurance, Fleet, and Asset Tracking."

For more information, visit www.xacttechnology.com and www.navteq.com.

About Xact Technology

Xact Technology, LLC (Xact), is a full-service provider of groundbreaking consumer electronics products. Xact develops, produces and distributes leading edge consumer electronics products to consumer, commercial and enterprise markets.  Xact's latest development is the first integrated tracking solution, combining flexible hardware platforms, device management services and customizable web interface solution to GPS tracking, Location Based Services, and Machine-to-Machine (M2M) communications. 

Xact Technology, LLC is an independent company and part of the DMC Worldwide family of companies. DMC Worldwide is a leading enterprise and consumer technology whose heritage spans 30 years investing in and developing, manufacturing and distributing cutting-edge consumer electronics products.

About Distribution Management Consolidators Worldwide, LLC

DMC Worldwide (DMCWW) is a leading enterprise and consumer technology company with a heritage that spans more than 40 years investing in, developing, manufacturing and distributing cutting-edge consumer electronics products. The company holds deep expertise in sales channel development, supply chain management sales, marketing, distribution and customer service and support. The DMC Worldwide family of companies has sold hundreds of millions of consumer electronics products by leveraging its robust mature infrastructure. The DMC Worldwide family of companies includes DMC Capital Funding, LLC, a leading private equity company focused on strategic investments in middle-market, technology product companies; Xact Technology, LLC, a leading provider of GPS tracking solutions; and Cocoon Innovations, LLC, a leading provider of personal organization and protection systems. The company is headquartered in New York City with offices in Hong Kong. For more information, please visit http://www.dmcww.com.

About NAVTEQ

NAVTEQ is the leading global provider of digital map, traffic and location data that enables navigation and location-based platforms around the world.  NAVTEQ supplies comprehensive digital map information to power automotive navigation systems, portable and wireless devices, Internet-based mapping applications and government and business solutions.  The Chicago-based company was founded in 1985 and has more than 4,600 employees located in 203 offices and in 45 countries.

NAVTEQ is a trademark in the U.S. and other countries. All rights reserved.

SOURCE Xact Technology, LLC