HUGE HUGE NEWS! April 11, 2006
iSECUREtrac Corp (OTCBB: ISEC), an industry leader in offender monitoring solutions utilizing global positioning systems (GPS) and wireless technologies, announced today 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 GPS offender monitoring initiative following in-depth 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.
The Nova Scotia program will initially target high risk, conditional sentence offenders in Halifax, Dartmouth, Bedford, and Spryfield. The objectives of Community Corrections in Nova Scotia is to employ GPS electronic monitoring technology that will enhance overall public safety, increase offender accountability, and improve staff safety.
“This is the first of what we anticipate will be many more partnering relationships in the development of our international sales channel,” said Tom Wharton, CEO of iSECUREtrac Corp., “and with Mammoth Communications, we will be the first to deliver localized, full-service, GPS electronic monitoring support capabilities to the Canadian marketplace. The installation of a turnkey, web-hosted monitoring solution in Mammoth’s world-class data center facility allows us to deliver a level of service and support to Nova Scotia and other Canadian provinces that is not available from any other electronic monitoring system provider. We believe this win with the Nova Scotia Justice Department represents the tipping point for our world-wide GPS offender monitoring initiatives.”
“The international markets present a fantastic opportunity for iSECUREtrac,” said David Vana, CFO of iSECUREtrac. “International correctional systems are typically far more centralized than what we have here in the United States. As a result, the average program is much larger in size and the per unit transaction cost tends to be significantly lower. Our international business model includes a dedicated local host and the requirement for substantial local support services, insuring a substantial commitment by our distribution channel partners to these programs.”
About Mammoth Communications
Mammoth Communications is a Halifax, Nova Scotia based company that specializes in the security business. Mammoth has built a dealer network that covers all of Canada from Nova Scotia to B.C. Mammoth, which has a twenty-five year history in the security industry in Canada, monitors alarm, medical and GPS systems. Mammoth has 134 authorized dealers in Canada.
About iSECUREtrac
iSECUREtrac Corp is a technology and information services company providing advanced GPS tracking solutions for the remote tracking and monitoring of individuals, including real time data collection, secure remote reporting, and data warehousing. iSECUREtrac is currently focused in the area of Law Enforcement, Corrections, and Homeland Security for monitoring offenders in community release programs, such as sex offenders and other persons requiring community supervision. iSECUREtrac's GPS monitoring systems are designed to improve public safety, enhance the management of monitoring information, provide the fastest analysis and response, and reduce the financial cost of incarceration. Further information on iSECUREtrac Corp can be found on the company's website at www.isecuretrac.com.
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