News for 'ECDC' - (EarthSearch Executes Partner/Reseller Agreement with Advantage Asset Tracking in Canada with Minimum $250,000 Annual Product Purchase)
ATLANTA, March 1, 2012 /PRNewswire via COMTEX/ -- East Coast Diversified
Corporation (OTC.BB:ECDC), through its subsidiary EarthSearch Communications,
Inc., announces the execution of reseller agreement with Advantage Tracking in
Canada with a guarantee of $250,000 in equipment and services purchased each
year.
EarthSearch will deliver initial order to Advantage Tracking within the next 7
days. Advantage tracking will expand its current logistics service offerings to
include some of the more complex logistics solution offered by the EarthSearch's
LogiBoxx, GATIS platform for real time continuous tracking and monitoring of
cargo in transit. Solutions provided by EarthSearch includes Oil Tanker
monitoring, Workforce management, Tool tracking, Electronic locks for cargo,
Warehouse management and access control solutions using EarthSearch proprietary
wireless communication between GPS and RFID. In addition Advantage Tracking
intends to offer product and services offered by StudentConnect Inc, the sister
company to EarthSearch which offers student safety and class attendance
monitoring solution using GPS/RFID.
"We are making a strong entry into the Canadian market with Advantage Tracking,
I am looking forward to working with Andrew to deliver solutions offered by our
technology to the Canadian market and in addition offering services on Rogers
network to deliver different application the Canadian market," said Kayode
Aladesuyi, CEO of ECDC.
The EarthSearch Logiboxx device was recently certified for the Rogers Wireless
network. Advantage Tracking is a preferred vendor for Rogers Wireless worked
very closely with our hardware team representing during the certification
process and was very instrumental in getting the LogiBoxx certified on the
Rogers network.
"Advantage Asset Tracking recognizes that the combination of AVL and RFID
technologies is the future of Asset Management and is very excited to be teaming
up with EarthSearch to provide a solution never seen before in the Canadian
market," said Mr. Andrew Kopecki, CEO.
About Advantage Asset Tracking
Advantage Asset Tracking is a Canadian based company that has over 15 years of
Asset Management experience. With offices in Vancouver, Calgary, Toronto and
Ottawa, Adv helps companies of all sizes in a wide variety of industries harness
the power of Asset Management solutions.
Implementation services are the focus of their services to ensure that the
solutions are utilized to the greatest extent possible, providing the maximum
amount of ROI to all of their clients.
About East Coast Diversified Corporation East Coast Diversified Corporation
(OTC.BB: ECDC.OB) is a holding corporation with a diversified group of
technology companies. Its business portfolio includes businesses offering
technology for logistics and asset management, media entertainment technology,
transportation safety and class attendance monitoring system and social media
applications.
EarthSearch offers solutions using the world's first wireless communication
between GPS and RFID. EarthSearch delivers solutions relevant to the operations
of businesses and governments across the globe, providing efficiency, cost
saving, continuous visibility of assets and cargo in transit, with real time
visibility across the entire supply chain. Solutions delivered include warehouse
operation, movement of secured cargo, oil tankers, pipeline and other fixed
assets management solutions. EarthSearch solutions integrate sensor technology
for fuel monitoring, temperature sensor, weight sensors, door sensor and a
variety of other custom applications.
StudentConnect also utilizes our proprietary wireless communication between GPS
and RFID to provide transportation safety and class attendance monitoring
solutions to schools, alerting parents and schools of safe departure and arrival
of students riding on school buses and providing an automated class attendance
monitoring system that engages parents with information about student behavior
at school, including providing real time notification regarding truancy and skip
class behavior. StudentConnect uses wireless technology integrated with GPS/RFID
to gather and combine parental behavior, student behavior at school and academic
data to create predictive analytics for school administrators that help with
improving education.
WetWinds, a new social media division scheduled to launch in summer 2012 will
deliver interactive social media experience to audiences and users across the
globe. Register to be part of the first one million global beta users at:
www.wetwinds.us
For more information on East Coast Diversified Corporation and its group of
companies please visit the company's website at www.eastcoastdiversified.com.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: The statements contained in this release which are not historical facts
are forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those set forth in or
implied by forward-looking statements. These risks and uncertainties include the
Company's entry into new commercial businesses, the risk of obtaining financing,
recruiting and retaining qualified personnel, and other risks described in the
Company's Securities and Exchange Commission filings. The forward-looking
statements in this press release speak only as of the date hereof, and the
Company disclaims any obligation to provide updates, revisions or amendments to
any forward-looking statement to reflect changes in the Company's expectations
or future events.
Editorial ContactGlenn DavisEast Coast Diversified Corporation +1
770-953-4184866-503-9316investorrelations@eastcoastdiversified.com
SOURCE East Coast Diversified Corporation
