Ultrack Systems Inc (MJLB)

[VST7]

Ultrack CEO Michael Marsbergen commented: "In order to provide the whole suite of potential services that Ultrack offers we will rely at least somewhat on the infrastructure of an existing tech/telecommunications giant. Having forged a partnership with TELUS that is currently working seamlessly and successfully gives us confidence and more open doors to do more of the same business in other countries. Since we have already proven ourselves in Canada, it just makes sense for us to begin aggressively marketing and moving into the USA. The GPS tracking and fleet management market in the USA is roughly 10 times the size of the Canadian market. I am committed to gaining a substantial footprint in the USA."