NetworkNewsBreaks – SPYR Inc. (SPYR) Micro-Track
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SPYR (OTCQB: SPYR), a diversified technology company developing products and leveraging the Internet of Things (“Iot”) for consumer use and large-scale applications and industries, and its subsidiary GeoTraq, were mentioned in a recent Emerging Markets Report. The report noted that SPYR focus is developing, marketing and positioning the GeoTraq small transmitter tracking devices, including the company’s newest offering, the Micro-Tracker(R), as the leading edge of IoT asset tracking technology. The announcement noted that these proprietary tracking devices can be used to monitor and track everything from Porta-Potties at major music festivals to locating construction assets at a job site; the devices are also designed to mission-critical information about valuable supply chain assets monitoring temperature, flow, pressure, humidity, motion, acceleration and more. The report also noted that SPYR’s ambitions are not limited to its goals to market and sell the GeoTraq Micro-Tracker, which includes rolling out the device in Q1 or Q2 2023. “SPYR’S plans include the development and deployment of its Micro-Tracker, the next generations of GeoTraq’s tracking tech,” the report stated. “SPYR is upgrading its communication technology to a state-of-the-art cell location technology that will provide Micro-Tracker customers with two advantages: First, the new technology will provide a significant improvement in position accuracy of the device and the asset it tracks. . . . Just as important as location accuracy, the Micro-Tracker technology has a much faster position acquisition time.”
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