MediaG3 Signs Business Joint Venture With Emerging GPS Industry Leader, Globe Track Wireless, Inc.
16 Junio 2010 - 12:07PM
Marketwired
MediaG3, Inc. (PINKSHEETS: MDGC) announced today the Company has
signed a Business Joint Venture Agreement with Globe Track
Wireless, Inc., (GTWGPS.COM), an emerging leader in the application
of global positioning technology, vehicle usage and management
software tools.
Globe Track Wireless utilizes state of the art technology to
provide an affordable and efficient means of tracking and managing
location and usage. The emerging GPS markets include: Corporate and
fleet supervision, which requires the capacity to locate and track
vehicle movement, compile usage data, and provide vital
notification in real-time if event usage varies from prescribed
parameters.
Moreover, a significant retail market can be obtained by
offering the company's cutting edge devices, reasonably priced, for
personal applications including children, family members, pets,
electronics, recreation vehicles, etc.; providing the Company with
an opportunity to grow exponentially through the penetration of
these and other untapped markets.
"We are excited to add Globe Track Wireless GPS technologies to
our expanding line of mobile products and services," says Val
Westergard, CEO MediaG3. "GTW's GPS tracking software is an
excellent complementary application that can be used in a variety
of ways throughout the mobile community, and a welcome partner to
our roadside assistance, mobile advertising and internet services
platform."
"Globe Track Wireless's products and services will benefit
customers with added peace of mind and security. MediaG3's target
customers are technically savvy, risk, resource, and asset aware,
easily realizing the benefits of our products and services. I see
the partnership between these two companies as a 'win/win' for both
sides," said Michael J. Coker, President of Globe Track Wireless,
Inc.
"Speaking of mobile advertising," commented Mr. Westergard,
"GTW, is a sponsor of 'car 26,' a participant in NASCAR's Sprint
Cup series, who claim one of the largest viewing audiences of any
US sporting event; and will provide their members special access to
Globe Track Wireless devices and service. With an estimated 75
million fan base, this relationship will greatly increase GTW's
exposure as well as provide a nice revenue stream for this joint
venture. Look for them on national TV networks or online at
www.lat43.com."
About MediaG3, Inc. MediaG3, Inc.
develops, markets, and delivers broadband wireless technology
products and services for today's fixed and mobile customers.
MediaG3 has five US patent protected broadband wireless
technologies and has received the US government grant and Chinese
government approval for the company's China Pilot project intended
to serve 900 million Chinese people in rural and interior regions.
MediaG3 offers Internet access and Internet telephone via fixed and
WiMax mobile wireless throughout the US, under the Imperial
Wireless brand. MediaG3 will market their wireless broadband
equipment, technology and technology licensing under the Wytec
brand. Wytec and Imperial Wireless are wholly owned subsidiaries of
MediaG3. MediaG3 is now headquartered in San Francisco, CA, has
offices and a lab in Boise Idaho and an office in Shenzhen, China.
For more information, visit www.mediag3.com.
About Globe Track Wireless Globe Track
Wireless, Inc., based in Austin, TX, provides services in urban,
rural, off-road, and freshwater environments. Globe Track Wireless
provides real-time notifications as defined by vehicle owners,
dispatchers, or fleet managers. GTW is Affordable Advanced GPS
Technology allowing you to monitor your Drivers' Speed, Safety,
Past and Present Locations, Direction of Travel, Providing Peace of
Mind, Improving Fleet efficiency, Monitoring Loved ones, Protecting
Assets, Reducing Insurance Costs, Assisting in Theft Recovery,
Eliminating Unauthorized Vehicle Use. Now a sponsor of "car 26"
NASCAR Sprint Cup Series, visit www.lat43.com. For more
information, visit www.GTWgps.com.
Safe Harbor Act: This release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other unanticipated
circumstances.
For additional information, Please visit our website at
http://www.mediag3.com/news.html or contact Investor Relations:
Daniel Baldridge President of Gibraltan Financial 407.830.9777
daniel.baldridge@gibraltan.com
MediaG3 (CE) (USOTC:MDGC)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
MediaG3 (CE) (USOTC:MDGC)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024