Archive for the ‘Universal Tracking Solutions Inc. UTRK’ Category

Universal Tracking Solutions, Inc. (UTRK.PK) Aided by Three Member Advisory Board

Thursday, July 9th, 2009

Universal Tracking Solutions Inc. is an enterprise solutions based provider of telemetry and GPS fleet systems. The company is focused on the profitable mid-level GPS fleet tracking space in North America and provides its customers with unparalleled mapping technology that is considered to be the best in the industry.

It is always important for a company to have a solid board of advisors to help guide them. Universal Tracking has a trio of strong advisors with diverse business backgrounds and experience. Here are brief biographies of the company’s advisors:

Don M. Schilling – Mr. Schilling is currently the director for implementation and engineering of the “broadband over power lines” or BPL project for Mountain Telecommunications Inc. His responsibilities include equipment design and installation of BPL facilities for delivery of services to residential customers of Mountain Telecommunications’ power company partners. Mr. Schilling has previously served on other boards and also served for 5 years as vice-president and general manager of Stewart Electric & Communications.

Scott Masse – Mr. Masse is an accomplished entrepreneur and financial advisor with many years of experience in the oil industry. In the oil industry, he focused his efforts on building alliances with key enhanced oil recovery companies and well stimulation companies. Mr. Massey has extensive expertise working with small capitalization companies from his years of experience working at financial firms such as Smith Barney, Legg Mason, Wachovia, and First Union. This experience has led him to establish his own firm – Masse Wealth Management.

Gerald L. Schiano – Mr. Schiano has experience as an accountant, cost accountant and controller in both the construction and the high technology sectors. He was later hired as CFO of a construction company involved in large public works projects. Mr. Schiano later formed his own construction company that serviced large public works projects. Recently, he has focused his entrepreneurial talent to develop oil fields in the US Midwest.

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Universal Tracking Solutions, Inc. (UTRK.PK) Offers “Must Have” System

Wednesday, July 8th, 2009

Universal Tracking Solutions, Inc. offers a system that is increasingly being seen as a “must-have” item for almost any company involved in transporting their own or someone else’s products. It’s a unique GPS system that is qualitatively different than standard GPS offerings, resulting in a variety of cost savings and time savings for anyone using it.

With GPS (Global Positioning System) technology, companies can easily track their mobile assets, such as trucks and other vehicles that are becoming more and more costly to purchase, operate, and maintain. But what sets aside Universal Tracking is, first of all, their ability to customize and integrate their system into third-party applications, including routing services, billing applications, and field service operations. In addition, since they operate their own nationwide installation business, directly supporting their own devices, their customer service and reputation is stellar. (Their customer loss rate is less than 1%, and that is almost always due to reasons unrelated to Universal Tracking.) Add to this their remarkably low cost-to-market, and their growing strength in the industry is understandable.

In these tough times, companies are desperate to cut costs and operate more efficiently. They have to do more things with less money. Saving time and money is no longer just a goal, it’s necessary for survival. Operational overtime, which was in the past considered an accepted part of business, is now a potential business killer. If overtime includes driving fleet vehicles, it is even more expensive, involving drivers, fuel, and maintenance.

Universal’s easy to integrate GPS-based fleet management system makes employees 100% accountable, resulting in greatly increased productivity and the elimination of unnecessary overtime. Shorter distances are driven, there is less idle time, less fuel is burned, and maintenance is reduced. Also, because the sophisticated UTS fleet management system can track vehicle speed, acceleration, deceleration, along with many other things, wasteful and dangerous driving habits are quickly curbed, allowing insurance companies to provide policies with lower premiums. As if that weren’t enough, updates to the UTS software can now be done over-the-air, eliminating the need to bring vehicles in for upgrades.

It all means one thing. At the end of the day, users of Universal Tracking’s GPS system have more money. That’s why the company now supports over 4,000 installations in North America, with more contracts, including government contracts, on the way.

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Universal Tracking Solutions, Inc. (UTRK.OB) Helps Keep Company Insurance Costs Down

Friday, April 17th, 2009

As we go through our day-to-day activities, we have all witnessed what other drivers do in their vehicles. We see a parent training their child to drive, teenagers putting on make-up, or people talking on cell-phones. But we’ve also seen people peel out from a red light as if they were on the Fast and Furious. This behavior is often seen in personal vehicles, but sometimes drivers behave this way in company vehicles. Universal Tracking Solutions, Inc.’s products assist companies with their goals of highlighting safety and keeping liability insurance costs down.

We have to admit that most of us have all broken the law at one time or another. It’s not unusual for people to drive 10 miles over the posted speed limit or not completely stop at a stop sign. Minor infractions happen all the time. Although these antics may not seem like much, each does have ramifications and risks, especially when drivers are using fleet vehicles.

Most people drive in a conservative manner when a parent or other person of authority is sitting next to them. We tend to drive slower and keep distractions to a minimum. By installing Universal’s GPS tracking system into fleet vehicles, companies give their drivers the feel that someone is in the vehicle with them. Fleet drivers often modify their behavior into a more conservative mode when they know that Universal’s technology has been implemented on their vehicles. Of course when drivers change to a conservative mindset, they are safer on the job and fewer accidents occur.

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QualityStocks Featured Clients Up Large as Markets Fall

Tuesday, April 14th, 2009

As of 1:52 PM EST, the Dow Jones industrials are down 133.97 at 7,923.84, the Standard & Poor’s 500 index is down 16.32 at 842.41, and the Nasdaq composite index is down 30.59 to 1,622.72. However, two of our featured stocks are doing quite well, with the others in the green or slightly pulling back after a run.

Kraig Biocraft Laboratories (KBLB.OB) is currently up 29.41% on 4,500 traded shares. With a market cap of approx. $11 million, the stock’s 52 week range is $0.07 to $0.42. KBLB is trading at $0.22.

Universal Tracking Solutions (UTRK.OB) is currently up 33.33% on 47,114 traded shares. With a market cap of less than $200,000, the stock’s 52 week range is $0.02 to $0.57. UTRK is trading at $0.04.

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Universal Tracking Solutions, Inc. (UTRK.OB): A Leader in GPS Fleet Management Systems

Monday, April 13th, 2009

Universal Tracking Solutions is an enterprise solutions based provider of telemetry and GPS fleet tracking systems. The company provides its customers an unparalleled mapping technology that is considered the best in the industry. The company’s technology combines several of North America’s premier GPS mapping providers into one application allowing for detailed street level mapping for all of North America.

In today’s difficult economic environment, Universal Tracking Solutions GPS fleet tracking system can be beneficial, particularly to small and mid-sized firms. Firms can easily keep track of large and expensive equipment and cargo. Not only does the company’s GPS system allow customers to monitor the equipment’s location but also other important productivity data such as engine run-times.

The company’s GPS system has several highly beneficial features for customers. An example would be if equipment is moved outside of pre-set time or location parameters (perhaps stolen), a real-time alert can be sent to a customers’ cell phone. Another example is the shipping of cargo; a sending unit can be attached to the cargo. Since the unit runs on alkaline batteries lasting up to one year, the system is not dependent on a vehicle’s battery or engine charging, both of which are not available in trailers or cargo containers.

Locating and tracking is what Universal Tracking Solutions does best. Some of the benefits provided by the company’s GPS fleet management system include the following: reduced overtime costs, increased routing productivity, fuel and maintenance savings, lower insurance premiums and timely reporting of stop/start activities along with any out-of-territory activity.

Universal Tracking Solutions continues to innovate. The company has introduced a pager-sized tracking device that operates on a rechargeable battery. This portable device makes it possible to monitor people, such as an elderly person or a child. As with the company’s other devices, a customer can be notified in real-time by email or SMS text when movement outside a pre-determined area is detected. This unit is also equipped with an “SOS” button that uses the system’s real-time alerts capability to forward an urgent alert to a customers’ email or SMS text.

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Universal Tracking Solutions, Inc. (UTRK.OB) Helps Protect Companies Against Unnecessary Expenses

Wednesday, April 8th, 2009

Back in the 1950s, families were able to make a living with one income. Fathers would typically leave for a full day’s work while mothers would be taking care of their home and children. The 1970s ushered in the gradual shift towards both parents working. Our current economic situation has resulted in the need for at least five percent of all Americans to take on a second job. However, an issue occurs when people begin to take assets from their main employer for their own personal use or second job. This use results in more wear-and-tear on assets, which results in increased cost to their main employer. Universal Tracking Solutions, Inc. has a solution that empowers companies by allowing them to keep track of their assets.

Based on the findings of the U.S. Department of Labor, between 7 and 8 million Americans currently hold more than one job. The number of workers holding multiple jobs has increased yearly since 2001. Over 53% of all workers between 25 to 45 years of age hold more than one job. People who “moonlight” come from all types of backgrounds, but companies that work in certain trades or provide route work are most vulnerable.

Workers who choose to moonlight can affect a company’s bottom line in a number of ways. The assets that are the most often used for moonlighting workers are fleet vehicles. Any unauthorized use of fleet vehicles can increase a company’s acquisition and maintenance costs by up to 15%, even with as little as one hour of use per day. Fuel expenses can increase even more dramatically to upwards of an additional 25%. Additionally, employers may end up paying for time when an employee is carrying out tasks for someone else’s benefit.

Universal Tracking has a Global Position Satellite (GPS) fleet management system that provides companies with real-time tracking of its assets. Companies can actually create specified zones for each vehicle in its fleet. When a vehicle moves outside the designated territory, an alert can be sent via text message or email to a fleet manager or other responsible personnel. The tracking system can also be set to raise alerts when vehicles perform gas-guzzling starts, drive at high-speeds, and other company specified parameters. To get a better understanding of where fleet vehicles are located, the system provides a real-time mapping capability so that managers can assess how to coordinate the fleet. Additionally, the tracking system has a number of standard reports that can be run automatically to provide mileage, fuel, routing, and alert information for evaluation purposes.

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Universal Tracking Solutions (UTRK.OB) Named “Best Microcap Company for 2008” by Phoenix Business Journal

Friday, April 3rd, 2009

In December of last year, Universal Tracking Solutions announced that it was chosen as the best place to work by the Phoenix Business Journal. The full article can be viewed at the following link: http://www.bizjournals.com/phoenix/stories/2008/12/08/daily52.html. There were more than 1,000 business attendees including representatives from Oracle, Intel, American Express and many other high profile companies.

Keith Tench, CEO of UTS, commented, “This award means a lot to our company. The timing of this award combined with our partnerships with Garmin, NARC, and other firms is a great way for the public to see the excellent progress our company is making. UTS has been growing every quarter since it began in the middle of 2006 and now that we are public we feel we are very well positioned to grow at an even faster pace going forward. We appreciate the continued support of our shareholders and we believe we are on the right path to be very successful going forward.”

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Universal Tracking Solutions, Inc. (UTRK.OB) Set To Serve Communities Nationwide

Tuesday, March 31st, 2009

Universal Tracking Solutions, Inc., the rapidly growing GPS fleet tracking technology provider, has now uniquely positioned itself to service communities throughout the country. Through its recently announced partnership with The National Association Of Regional Councils (NARC), UTS will be able to provide regions and local communities with tracking and GPS technology to help them reduce vehicle operating costs and improve air quality.

The solution being offered is the Automated Vehicle Location System (AVL)/Vehicle GPS with integrated Garmin navigation, and will be available to local community organization fleets and vehicles at a discounted price through NARC. The system is designed to lower overall fleet operating costs, mitigate greenhouse gas emissions, and even contribute to homeland security preparedness. Users of the system have experienced a positive return on investment, through reduced fuel costs and increased productivity, but have also decreased carbon emissions and improved safety and liability issues.

The partnership also involves RMJ Technologies, seller of the UTS system, and Garmin International, global leader in satellite navigation. Universal Tracking provides the traditional vehicle tracking technology, but has integrated GPS navigation capability from Garmin, for voice prompted driver directions.

The National Association Of Regional Councils (NARC) is a community advocate. It promotes regional cooperation and supports the common needs of its membership by representing their interests on national issues, with the federal government, and by helping to identify and provide beneficial solutions to common problems.

Betty Knight, NARC President, said of the partnership, “NARC members have varying needs when it comes to finding solutions and controlling costs, and can greatly benefit from what this unique partnership has to offer.” She went on to say, “NARC is pleased to work with UTS, Garmin and RMJ to provide regions and local communities with technology options that will enhance transportation, air quality and homeland security planning.”

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Universal Tracking Solutions, Inc. (UTRK.OB): Why GPS Fleet Tracking?

Friday, March 27th, 2009

Universal Tracking Solutions is an enterprise solutions based provider of telemetry and GPS fleet tracking systems. The company’s mapping technology combines several of North America’s premier GPS mapping providers into one application, enabling detailed street level mapping in The U.S., Canada and Mexico. There are many reasons businesses would benefit from implementing GPS fleet tracking systems, and we will review those reasons below.

Reduce fuel costs – By tracking vehicles, companies can monitor the actual fuel consumption against what is being reported by the employee. Companies can also evade additional fuel costs by quickly setting up driving routes in advance (this includes ability to print turn by turn directions), further reducing both labor costs and fuel costs.

Increase productivity –Because employees know they are being monitored, there is a decrease in use of the vehicle for personal use or side jobs, again, decreasing fuel consumption and labor costs. A business can also benefit from knowing where a particular vehicle is in relation to a customer in case the customer calls and wants to know how soon someone will be there.

Improve accountability – No longer will businesses have to suspect employees of inflating their work hours or overtime hours, or have to deal with customers that complain they are being over billed. With a GPS fleet tracking system, companies can verify durations and work hours, allowing a reduction in labor costs and an increase in customer satisfaction.

Encourage safe driving – Not only does GPS fleet tracking technology provide the position of a tracked vehicle, but it also provides the speed and heading. This additional information can be used to avoid potential lawsuits caused by unsafe driving. Since employees know that they are being tracked, they will obey the speed limit and drive responsibly.

Theft recovery – Online GPS tracking of a business’s fleet will guarantee the return of any vehicle and avoid the monetary loss, both in vehicle cost and downtime. Instant alerts are available if equipment is moved after hours.

Vehicle maintenance management – The UTS GPS tracking system includes a maintenance management feature that tracks when a vehicle reaches manufacturer suggested mileage points. Their GPS fleet tracking system greatly assists with predictive maintenance as well, since fleet managers are able to see the problem as it develops, potentially resulting in savings of thousands of dollars.

With increased employee productivity, reduced overtime expenditure, reduced fuel costs, increased safety, reduced maintenance costs and increased customer satisfaction, it is no wonder the market for GPS fleet tracking systems is anticipated to experience rapid growth, even during this challenging economy. With businesses actively seeking to take cost savings to the next level, Universal Tracking Solutions is well positioned for further growth.

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Universal Tracking Solutions, Inc. (UTRK.OB) Brings Affordable Fleet Tracking Solutions to Growing Companies

Wednesday, March 25th, 2009

The ability to keep track of high-cost assets is something that businesses have had to deal with internally. Accountants and technicians synch up physical counts with what is on the books. But where actually are these assets? While large companies can customize their own tracking systems, smaller companies have had to come up with their own solutions. Universal Tracking Solutions, Inc. (UTRK.OB) specializes in bringing an enterprise solution to mid-level companies that enables them to track their fleets with GPS technology.

The UTS Fleet Manager is a well thought-out system that allows companies to view their fleet’s current location in a number of applications. Rather than view random dots on a basic map, the UTS Fleet Manager allows a company to customize the icons associated with each vehicle so that users can distinguish between a delivery truck, a flatbed truck, or a semi-trailer. The icons can also be further customized to designate a vehicle’s status, such as stopped, idle, or moving.

The UTS system is built to allow the user to view their assets on a variety of map styles. Some users are comfortable with a traditional map, like a Thomson Guide, that shows streets and highways. Other users may prefer to view their fleets on a satellite image to gain a more real-world view. For those companies that are concerned about making deadlines, they can utilize traffic maps that provide up-to-date congestion issues. The system even gives a user the ability to zoom, pan around a map, or even overlay a traditional map onto satellite images. This built-in flexibility allows the system to be utilized by a number of users who may have a different focus or goal for the information.

Not only does the UTS system allow a company to track their vehicles in real-time, the UTS Fleet Manager also gives a company the ability to store historical information on where and when its vehicles have traveled. If employees are required to stay on a specific route, a company has the ability to verify that the route is being followed in a timely manner. For companies that are concerned with vehicles possibly being used outside of work parameters, a geo-fence can be established for their fleet. A geo-fence is a set boundary for a vehicle that can be created in 3 ways: a traditional circle, a 10-point polygon, or a 10-point line. If a vehicle goes beyond the set boundaries, an email or text message can be relayed to a designated fleet tracking employee.

Not only can personnel be notified when a boundary is crossed, a number of other alerts can also be set including excessive idle alerts, rapid acceleration and deceleration alerts, and speed alerts. But those monitoring a fleet do not have to be at their computer to receive these alerts. The UTS system can forward alerts to any specified handheld PDA, such as a Blackberry. To better analyze fleet usage, the UTS Fleet Manager has 20 user-defined reports that can be automatically delivered via email on a daily, weekly, or monthly basis.

UTS has partnered with Garmin Personal Navigation Devices (PND) to provide its clients with a real-time fleet management tool. Dispatch Link allows a fleet manager to quickly determine if a driver is on the way to a specified destination, has made it to a particular destination, or if the driver has completed the number of scheduled stops for the day. Dispatch Link also provides the fleet manager with an estimated time of arrival to a particular stop, as well as provides a confirmation that a driver has received delivery information and has removed it from a delivery list.

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Universal Tracking Solutions, Inc. (UTRK.OB) Announces QualityStocks Coverage

Friday, March 20th, 2009

Universal Tracking Solutions, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Universal Tracking Solutions is focused on providing telemetry and GPS fleet tracking systems. The company concentrates on the mid-level GPS fleet tracking space in the United States, Mexico and Canada. This market is anticipated to experience rapid growth and has been largely ignored by the business sector.

Universal Tracking Solutions’ mapping technology combines several of North America’s premier GPS mapping providers into one application, enabling detailed street level mapping in the U.S., Canada and Mexico. Users of the system have experienced a positive return on investment, including reduced carbon emissions, reduced fuel costs, enhanced homeland security measures, improved safety and liability issues, as well as increased productivity.

Mr. Tench stated, “Universal Tracking Solutions has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”

Michael McCarthy, Managing Director for QualityStocks, commented, “We are very pleased to have Universal Tracking Solutions as a featured company. The Company is methodically establishing itself as a category leader.”

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Universal Tracking Solutions, Inc. (UTRK.OB) is “One to Watch”

Tuesday, March 10th, 2009

Universal Tracking Solutions is an enterprise solutions based provider of telemetry and GPS fleet tracking systems. The company maintains its focus on the mid-level GPS fleet tracking space in the United States, Mexico and Canada. This market is anticipated to experience rapid growth and has been largely ignored by the business sector.

The company has secured an advantageous position within this space by forming a partnership with an International wireless communications provider; developing a hardware device that can control the data usage and scale up or down based on application need; and providing customers with a state-of-the-art, customizable software solution.

Universal Tracking Solutions’ mapping technology combines several of North America’s premier GPS mapping providers into one application, enabling detailed street level mapping in The U.S., Canada and Mexico. Users of the system have experienced a positive return on investment, including reduced carbon emissions, reduced fuel costs, enhanced homeland security measures, improved safety and liability issues, as well as increased productivity.

In fiscal 2008, the company recognized revenue growth of 48% over fiscal 2007. Universal Tracking Solutions also made a significant leap forward towards profitability, reducing losses by more than 70%, despite a tough economic environment. With a market cap of less than $750,000 and full year sales totaling more than $1.1 million, the company’s share price is very attractively valued and potentially poised to move higher as the company strives to increase sales and reach profitability.

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Universal Tracking Solutions (UTRK.OB) Announces Preliminary 2008 Record Revenue Growth

Tuesday, February 10th, 2009

Universal Tracking Solutions announced that revenue for its fourth quarter ending December 31, 2008 totaled $217,452, which is down approximately 9% from the $240,693 generated in the same quarter a year prior. For the full year, UTS had revenue of $1,189,044, up approximately 48% compared to fiscal 2007. Net loss decreased 71% from $297,640 in 2007 to only $87,314 in 2008.

Universal Tracking Solutions CFO Terry Horne commented, “2008 has proven to be another banner year for Universal Tracking Solutions. We managed to decrease our year over year expenses while growing our revenues 48%. We did all of this while decreasing our losses by over 70%.”

CEO Keith Tench added, “UTS weathered a difficult 4th quarter in a very tough environment and we are pleased with our year over year growth. The Company grew almost 50% in one of the most challenging markets since the great depression. The company is disappointed with its recent stock performance, but we understand that it has a lot to do with market conditions and not as much to do with our individual company. The Company feels undervalued being that our market capitalization is under $1 million, which is currently less than our sales not to mention the value of our clean public vehicle.”

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