The Tracking Corporation Announces Purchase Order From Trade Inventory Management, Inc.
November 08 2007 - 10:28AM
Marketwired
DALLAS, TX announced today that it has received a substantial
purchase order from Trade Inventory Management, Inc. (TIMCO) for a
nationwide TIMCO marketing campaign for The Tracking Corporation's
AutoTrak and FleetTrak GPS tracking units.
TIMCO is a unique product and service provider in the
international consumer products area involving 25,000 clients,
located in the United States, Canada, China and other foreign
countries. TIMCO plans to conduct a direct sales campaign to its
client base starting in November 2007 and has projected sales of a
minimum of $250,000 in the first quarter of 2008, and projections
of $300,000 in the second quarter of 2008.
Tim Valentine, CEO of TIMCO, stated: "We became aware of the
rapidly growing field of GPS and cellular phone tracking devices
and believe that The Tracking Corporation units powered by their
MicroTrak GPS system and operated in conjunction with Perot Systems
of Dallas is the device and system that best suits our clients. We
expect to exceed our projected sales goals, and look forward to a
long and profitable relationship as a direct sales provider for
MicroTrak GPS powered units. We are presently estimating gross
sales to reach into the millions for our complete sales of the
AutoTrak and Fleet Track by the end of 2008, with a profit line of
at least 40 percent. However, should we carry our sales program for
MicroTrak GPS units worldwide these estimates could easily be
doubled or tripled. In any case we look forward to a long and
profitable relationship with The Tracking Corporation."
Jerry Grisaffi, CEO of The Tracking Corporation, stated, "TIMCO
is now an important part of our overall marketing campaign starting
immediately. We anticipate achieving significant sales short-term
and long-term in both the business and consumer arena."
MicroTrak GPS
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
Safe Harbor Statement under the Private Securities litigation
Reform Act of 1995: The statements, other than the statements of
historical facts, may be deemed to contain forward looking
statements with respect to events, the occurrence of which involves
risk and uncertainties, including, without limitation, demand and
competition for the company's products and services, the
availability to the company of adequate financing to support its
anticipated activities, the ability of the company to generate cash
flow from operations and the ability of the company to manage its
operations. As statements regarding future events concern
management's estimates of future results of operations, and as
these estimates are based on many elements beyond management's
control, differences from management's estimates may occur, and
such difference may be material.
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.
Contact: Tom Calhoun 214-361-8812