More contract news...Tuesday , April 11, 2006 09:29 ET
iSECUREtrac(TM) Corp. (ISEC) announced that it has signed a 3-year contract with Mammoth Communications to provide Global Positioning Satellite Electronic Offender Monitoring Services to Canada. This contract is pursuant to the award by the Nova Scotia Justice Department to Mammoth of Canada's first major GPS offender monitoring initiative following a long period of intense competitive analysis and system testing.
The contract with Mammoth includes the purchase and installation of the first ever state-of-the-art Canadian-based GPS host monitoring system capable of serving the mission critical offender monitoring requirements of every Province. The agreement calls for an initial one-time $275,000 payment to iSECUREtrac, as well as continued recurring fees for service, monitoring unit rentals, and software licensing fees.
