Tuesday, May 02, 2017 10:03:00 AM
ULTRACK SYSTEMS INC (OTCMKTS:MJLB)
Toronto, Ontario, Canada-based Ultrack Systems Inc (OTCMKTS:MJLB) is a develops, implements, and distributes fleet tracking devices using GPS and proprietary technologies. Recently the company attended the Canadian Trucking Show in Montreal, Canada and announced plans to attend the Atlantic Trucking Show in June of 2017 in New Brunswick, Canada.
Ultrack Systems Inc (OTCMKTS:MJLB) reported that the product that received the most attention from attendees at the Canadian Trucking Show were their E-Log (or Driver Log) system. The Canadian Department of Transportation has adopted the mandate by the federal authorities that Electronic Logging Devices (ELD) will become mandatory in Canada in December of 2019. Ultrack’s ELD offers the user the ability to integrate their E-Log solution into their existing fleet tracking platforms without the need for an additional screen or a separate application. Ultrack believes that E-Log’s functionality combined without the need for multiple applications will provide the company with a strong competitive advantage in a highly competitive marketplace.
Earlier this month, Ultrack Systems Inc (OTCMKTS:MJLB) unveiled their obd2 add-on. This application allows remote monitoring of a vehicle’s engine RPM, coolant temperature, intake air temperature, battery voltage, fuel level percent as well as the standard speed, direction, and GPS coordinates. The add-on will require some additional hardware to be installed on the vehicle.
Ultrack Systems Inc (OTCMKTS:MJLB) provides more than just fleet data services. Their technology is also used for verifying employee hours with a range of software options to best fit the client company’s operational style. Further, Ultrack’s technology can be used by the retail consumer for their own vehicles and recreational vehicles, thereby offering a level of comfort to those who seek to better protect their valuable assets.
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