InvestorsHub Logo
Followers 7
Posts 2743
Boards Moderated 0
Alias Born 03/29/2001

Re: None

Thursday, 01/10/2002 11:31:12 AM

Thursday, January 10, 2002 11:31:12 AM

Post# of 93821
Wingcast and Directed Electronics to Partner

Wednesday, 09 January 2002

SAN DIEGO — Vista-based Directed Electronics and Wingcast announced a
partnership to develop a CDMA-based telematics product for the automotive
aftermarket. The deal was announced today at the Consumer Electronics Show in
Las Vegas.

Financial terms were not disclosed.

The first product expected to come from the partnership, according to Wingcast,
is scheduled to be ready late this year.
The company says it will offer automatic
vehicle location capabilities that will monitor, track and control vehicles over the
Internet. It will also offer GPS technology, Web-based remote start capabilities
and Geo-Fencing, which phones, pages or e-mails a vehicle's owner if it strays
outside owner-set geographic areas.

The term aftermarket is used to designate products that are installed after a car
is purchased at the option of the buyer.

Wingcast, a joint venture of Ford Motor Corp. and Qualcomm, is already
developing telematics systems that will come preinstalled in vehicles.

Vista-based Directed Electronics is a well-known maker of the Viper car alarm and
other aftermarket electronics.

Web site: www. directed.com
Web site: www.wingcast.com

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.