MicroTRAK – Stock Guru Profile MicroTRAK – PINKSHEETS: MIOK
MIOK experienced a record first quarter. Sales increased over 100% from 2006, with reported sales reaching over $1.1 million and losses reduced to $288,000 from $387,000 from the previous quarter, marking a 33% improvement.
The Tracking Corporation has entered a new franchise dealers agreement is with Enterprise Financial Group, Inc. for their full featured tracking device. EFG plans to market the comprehensive internet tracking device to customers in 44 states instantly capturing and delivering the location of a vehicle.
EFG is a leading provider of Finance and Insurance products, services and technologies for the automotive industry. EFG Companies have been developing and distributing innovative profit solutions to retail dealerships in 44 states for nearly 30 years.
This is an elite product, powered by MicroTRAK GPS and is offered in the U.S. to include an internet tracking service that allows the customer to track their vehicle 24 hours a day, seven days a week. This unique product will provide customers with a theft recovery unit that includes a first year tracking subscription. Key advantages include instant access to the location of the vehicle, the ability to set location parameters (GeoFence), alerts for vehicle movement without key insertion, history log of vehicle speed and locations traveled, and many more benefits that car buyers are seeking from accessory products in the marketplace.
We Look Forward to the second quarterly report and reviewing their progress!
Source: MIOK
MicroTRAK GPS
9101 LBJ Freeway
Suite 100
Dallas, TX 75243
Phone: (214) 361-8812
Toll Free: (877) 361-8813
Fax: (214) 594-5933
Email: sales@microtrakgps.com
Website: http://www.microtrakgps.com
MicroTRAK GPS, an operating subsidiary of The Tracking Corporation, is a Dallas-based total-solutions provider, with ventures in the asset tracking and vehicle recovery markets. MicroTRAK GPS functions as a multi-faceted corporation focusing on a turn-key approach. This level of dedication provides them with expertise in developing, designing, providing, manufacturing, distributing and servicing GPS technology and products. If you are interested in viewing additional information on The Tracking Corporation, please visit the website at: www.microtrakgps.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by he safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although The Tracking Corporation believes the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by The Tracking Corporation or any other person that the objective and plans of The Tracking Corporation will be achieved.
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