Posted On: 10/09/2015 5:05:48 PM
Post# of 1559
More about past recent record GTRQ / ITRAQ
GeoTraq Begins Manufacturing G-200 Cell-ID Module
SEATTLE, Aug. 11, 2015 (GLOBE NEWSWIRE) -- GeoTraq, Inc. (OTC:GTRQ), a development stage company focused on developing next-generation wireless location technology has begun manufacturing the G-200 GSM Quad-Band Cell-ID modules and accompanying SIM cards holders. All modifications required for successful fabrication and assembly have been made and the first set of modules is scheduled to arrive next week. The majority of modules will be delivered to iTraq to satisfy an outstanding purchase order. The remaining modules will be used for demonstration purposes.
“We look forward to delivering the 30,000 Cell-ID modules ordered by iTraq earlier this year,” said Gregg Sullivan, CEO of GeoTraq. "This first manufacturing run will allow us to begin fulfilling that commitment."
iTraq produced the first consumer product based on the GeoTraq G-200 Cell-ID module and has sold over 6,000 iTraq Tags since its debut in April. The iTraq crowdfunding campaign generated over $300,000 in sales, exceeding the funding goal by 752%. Thousands of mobile users have downloaded the iTraq iPhone and Android application to track beta test units as they are shipped around the world.
The G-200 GSM Quad-Band Cell-ID Module is the world’s first Cell-ID module and the world’s smallest integrated cellular module. Companies can design and manufacture Cell-ID enabled location products that will operate over long periods of time without recharging. They can also be located almost anywhere in the world where cellular service is available. The applications for Cell-ID modules in consumer, commercial and industrial products are virtually limitless.
Termination of OmniM2M & Ci2i Acquisition
The letter of intent executed July 24th between OmniM2M / Ci2i and GeoTraq has been terminated. No shares were issued or exchanged. Management will continue to seek acquisition candidates that can benefit the company and increase shareholder value.
- See more at: http://globenewswire.com/news-release/2015/08...UjaUz.dpuf
GeoTraq Begins Manufacturing G-200 Cell-ID Module
SEATTLE, Aug. 11, 2015 (GLOBE NEWSWIRE) -- GeoTraq, Inc. (OTC:GTRQ), a development stage company focused on developing next-generation wireless location technology has begun manufacturing the G-200 GSM Quad-Band Cell-ID modules and accompanying SIM cards holders. All modifications required for successful fabrication and assembly have been made and the first set of modules is scheduled to arrive next week. The majority of modules will be delivered to iTraq to satisfy an outstanding purchase order. The remaining modules will be used for demonstration purposes.
“We look forward to delivering the 30,000 Cell-ID modules ordered by iTraq earlier this year,” said Gregg Sullivan, CEO of GeoTraq. "This first manufacturing run will allow us to begin fulfilling that commitment."
iTraq produced the first consumer product based on the GeoTraq G-200 Cell-ID module and has sold over 6,000 iTraq Tags since its debut in April. The iTraq crowdfunding campaign generated over $300,000 in sales, exceeding the funding goal by 752%. Thousands of mobile users have downloaded the iTraq iPhone and Android application to track beta test units as they are shipped around the world.
The G-200 GSM Quad-Band Cell-ID Module is the world’s first Cell-ID module and the world’s smallest integrated cellular module. Companies can design and manufacture Cell-ID enabled location products that will operate over long periods of time without recharging. They can also be located almost anywhere in the world where cellular service is available. The applications for Cell-ID modules in consumer, commercial and industrial products are virtually limitless.
Termination of OmniM2M & Ci2i Acquisition
The letter of intent executed July 24th between OmniM2M / Ci2i and GeoTraq has been terminated. No shares were issued or exchanged. Management will continue to seek acquisition candidates that can benefit the company and increase shareholder value.
- See more at: http://globenewswire.com/news-release/2015/08...UjaUz.dpuf
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