Teletouch Has Vision to Create Telemetry-Focused Subsidiary - Visao(TM)
June 09 2004 - 4:20PM
PR Newswire (US)
Teletouch Has Vision to Create Telemetry-Focused Subsidiary -
Visao(TM) Newly Formed Company to Develop and Distribute Personal
Monitoring and Asset Tracking Technology TYLER, Texas, June 9
/PRNewswire-FirstCall/ -- To strengthen its commitment to the
rapidly growing telemetry market, Teletouch Communications
(AMEX:TLL) has created a new subsidiary -- Visao(TM) Systems Inc.
The newly formed Visao (pronounced "vih-Say-oh" and derived from a
variation of the Portuguese word for "vision") will develop and
distribute wireless telemetry- based mobile asset tracking and
personal monitoring products. "Visao is focused entirely on
telemetry. This focus will enable the new company to establish a
position of leadership in this emerging market," said Visao
President Kernan Crotty. "The phenomenal growth in wireless
telemetry services has created a demand for quality and innovation
that we are uniquely situated to meet." "The Teletouch and Visao
offerings are built on the same foundation of wireless expertise,
but we recognize that the telemetry offerings and services vary in
terms of resources and market/customer need," said Crotty. "As a
separate subsidiary, Visao will have the available resources,
separate staff, policies and procedures necessary for it to become
a leader in telemetry." Creation of the new subsidiary company also
ensures Teletouch's unfaltering commitment to its core business
will remain the same. Teletouch will continue to maintain superior
levels of development, support and customer service for its paging
and two-way radio offerings. The Visao vision is initially to
develop and market innovative wireless telemetry products in two
specific categories -- trailer tracking and personal monitoring
systems. The trailer tracking system utilizes a fully
self-contained device, which is attached permanently to the roof of
a trailer. It is battery operated and transmits location either on
a pre-programmed basis or on the occurrence of a particular event,
such as door opening or closing. It also can be activated by
motion, reporting when the trailer starts or stops. The personal
monitoring system uses similar technology to provide location
information of individuals and supply a communication link to alert
appropriate personnel automatically in the event of an emergency.
The small, lightweight, intrinsically safe personal alert device
can be carried or worn on a belt. It offers a sense of security to
lone workers as well as employers that need to assure workers that
help can be on the way within seconds. Government agencies and
dignitaries also can use the personal monitoring system to enhance
a security detail by adding an additional layer of monitoring and
notification. All Visao tracking and monitoring systems can utilize
the GeoFleet(TM) mapping and monitoring software. The systems also
can be customized and integrated with other asset tracking and
accounting programs. About Teletouch Communications Inc. In the
wireless business for 40 years, Teletouch Communications Inc.,
based in Tyler, Texas, has evolved its service offerings to provide
wireless telemetry products and services to business and government
customers. Teletouch provides sophisticated wireless services that
are used to monitor remote operations, track and manage mobile
assets and notify authorities when a lone worker has been injured
or incapacitated, among many other applications. More information
can be found on Teletouch's Web site: http://www.teletouch.com/ .
Contact: Michelle Metzger M/C/C 972-480-8383 x. 231 DATASOURCE:
Teletouch Communications Inc. CONTACT: Michelle Metzger of M-C-C,
+1-972-480-8383 ext. 231, or , for Teletouch Communications Inc.
Web site: http://www.teletouch.com/
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