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StockGuru Blog: MicroTRAK GPS Tracking Devices – Finding True North, Not Just for Vehicles!

MicroTRAK Stock Guru Profile MicroTRAK OTC: MIOKMicroTRAK is actively pursuing contracts outside the realm of vehicle tracking. The potential is enormous for GPS tracking devices. After an emotional plea from the mother of a slain San Francisco police officer, an Assembly committee unanimously approved a bill on Tuesday that would require inmates in minimum-security facilities to wear GPS tracking devices. Officer Bryan Tuvera, 28, was allegedly gunned down by a prisoner who walked away from the Eel River Conservation Camp in Redway (Humboldt County).

Ruff was eligible for the minimum-security program after the Department of Corrections deemed him nonviolent despite his conviction for punching an armored car guard and stealing $4,600 in 2003. He was on parole for a gun conviction at the time of that robbery.

“This was a tragedy that may have been prevented,” Ma said after the committee approved her bill. “The killer walked off the fire camp and no one knew where he was for (more than) a year and a half. How can that happen in this society?”

There was no opposition to the bill.

Placing GPS Devices on Prisoners has Incredible Potential in the United States

Compared with other countries, the United States has among the highest incarceration rates in the world. More people are behind bars in the United States than any other country. As of 2006, a record 7 million people were behind bars, on probation or on parole. Of the total 2.2 million were incarcerated. China ranks second with 1.5 million followed by Russia with 870,000. The United States has 5 percent of the world’s population and 25 percent of the world’s incarcerated population.

As of 2006, the incarceration rate in prison and jail, in the United States was 737 inmates per 100,000 or 1 of every 136 adults. For the most part, the U.S. rate is three to eight times that of the Western European nations and Canada.

Recidivism Extremely High

The fact that the recidivism rate is extremely high further supports GPS Tracking. Clearly, inmates that walk away from minimum security facilities are a danger to society.

A survey showed that among the nearly 300,000 prisoners released, 67.5% were rearrested within 3 years, and 51.8% were back in prison. However, the study found no evidence that spending more time in prison raises the recidivism rate, and found that those serving the longest time, 61 months or more, had a significantly lower re-arrest rate (54.2%) than every other category of prisoner. This is most likely explained by the older average age of those released with the longest sentences, as the study shows a strong negative correlation between recidivism and age of release.

Spending on Incarcerated Inmates $60 Billion per Year

The United States spends an estimated $60 billion each year on corrections. The population of inmates housed in prisons and jails in the United States exceeds 2 million, with the per capita incarceration population higher than that officially reported by any other country. Because of its size and influence the U.S. Prison industry is often referred to as the Prison-industrial complex. Criminal justice policy in the United States has also been criticized for the disproportionate representation of African-Americans and other minorities. [13]

According to the Bureau of Justice Statistics 2,193,798 prisoners were held in Federal or State prisons or in local jails — an increase of 2.7% from year-end 2004, less than the average annual growth of 3.3% since year-end 1995.
– there were an estimated 491 prison inmates per 100,000 U.S. residents — up from 411 at year-end 1995.
– the number of women under the jurisdiction of State or Federal prison authorities increased 2.6% from year-end 2004, reaching 107,518 and the number of men rose 1.9%, totaling 1,418,406.

Crime is big business and adding GPS tracking devices into the mix would provide an incredible opportunity for MicroTRAK.

Source: San Francisco Chronicle and Bureau of Prisons, U.S.

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%20
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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