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Stock Guru Featured Company: The Tracking Corp. (TRKG.PK)

MicroTRAK GPS (TRKG.PK) is a subsidiary of The Tracking Corporation. The company provides global positioning systems (GPS) for after-market installation in automobiles, motorcycles, trucks, and trailers. MicroTRAK is a total solutions provider focused on developing, designing, manufacturing, distributing and servicing GPS technology and related products.

MicroTRAK’s GPS product is a post production device. The company’s product can identify the current date, time, and its location. Messages can be sent through the web and retrieved through an Internet connection or cell phone from the unit’s location automatically if there is an accident or theft. MicroTRAK’s product line includes MicroTRAKgps for autos that offer Internet tracking; SlimTRAKgps, which is a mobile tracking device; and ClassicTRAKGPS for tracking, monitoring and anti-theft. Other products include JaguarWatch, LandRover Watch, Cycle Trak, GenTrak, and Locate 1 Plus.

MicroTRAK has become a leader in OEM manufacturing for theft recovery products, especially high-end luxury automotive companies such as Jaguar and Land Rover Cars in North America. The company has set the standard for machine-to-machine interface in order to track, secure and manage certain assets by converging GPS, RFID technology, Internet and cellular wireless communication. Theft of vehicles represents 7.5 percent of all property crime in the United States, with an annual cost to victims of $7.6 billion.

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