About Ultrack Systems, Inc.
Ultrack Systems, Inc. engages in the business of GPS tracking solutions. Its activities include development, implementation and distribution of electronic monitoring, and tracking systems for companies in the field of leasing, transportation, construction, disposal and others. Its hardware helps a range of customers in locating and tracking moving assets. The company was founded on February 14, 1989 and is headquartered in Toronto, Canada. Business Information
Most Current Information or Press Release on Ultrack Systems
Ultrack Systems, Inc. - We help our clients locate, track and manage their assets using todays leading edge wireless and GPS based technologies. This means we are able to provide an accurate and affordable means of tracking moving assets. Ultrack Systems, Inc., GPS information is also useful to officials in cities where certain vehicles are not allowed in areas at specific times or days because of mass congestion. The software operator will be notified by setting up an electronic boundary or what we call a geo-fence. Those vehicles within the fence at restricted times can then be easily pointed out and fined accordingly from the comfort of the administrator’s chair. A great way in keeping all vehicles obeying rules, raising money for the city and keeping congestion under control. Police or other traffic authorizes can focus on other types of violators making them more effective and using less man power. Our compact trackers, and our easy to use tracking software allow us to monitor or track any asset virtually anywhere in the world. This kind of application results in improved security, productivity, and customer service that surpasses our competition. Monitor your driver’s routes and location at all times. Streamline their paths to maximize driving time and fuel consumption. Each vehicle outfitted with a unit can be seen from our virtual map platform. Vehicles outfitted with a unit will appear as a code on our screen. By clicking on the vehicle you wish to see, it will show you the path that it travelled and current location. Click on the additional screen that gives you a more detailed report referencing idling time, kilometers travelled, speed, braking and much more. It is like being a fly on the wall and seeing everything. Managing a fleet of 10 or a 1000 vehicles becomes easy, efficient and effortless. This tool is useful in determining the quality of driver you have behind the wheel and who is an asset or a liability to the company.
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.
The financial statements for the company were recently updated on May 13, 2017, and reveal gains in total company assets year-over-year, as well as an increase in assets on the quarterly spreadsheet. The company has also acquired two patents which will help it to further promote and develope its product line. The financial statements also reveal combined US$ and CDN$ cash, leading to speculation that the company is now expanding its operations from Canada into the United States. This information can be found here: http://www.otcmarkets.com/stock/MJLB/filings. Further Information http://www.otcmarkets.com/stock/MJLB/profile
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