UTLM.OB - What’s Hot at CES?
This past week tens of thousands came to the Consumer electronics show in Vegas to witness the latest in cutting edge technology. So, what drew the biggest crowds? Interestingly, it was mobile communications. We say “interestingly” simply because one may have thought that 20 years after the release of the cell phone, we’d be pretty unimpressed with new ways of communicating with each other. Nothing could be further from the truth. Consumers are demanding that they be able to surf the net, watch TV, text message, and check Email no matter where they are, and advances in technology are allowing it to happen. Considering that the market for mobile communications is in the hundreds of billions of dollars globally per year, this is an incredibly exciting realm.
Was there any segment of the communications industry that seemed to draw the most interest? Absolutely. The largest crowds were often huddled around booths that showcased developments in what is known as Telematics. Okay, first a “definition”. Telematics, especially when it comes to the arena of mobile such as in vehicles, is the integrated use of telecommunications and informatics, also known as ICT (Information and Communications Technology). More specifically it is the science of sending, receiving and storing information via telecommunication devices Also, Telematics have been applied to the use of Global Positioning System technology integrated with computers and mobile communications technology in automotive navigation systems.
The recent developments in WiFi and WiMax has led to an explosion of mobile devices with more capabilities than ever before, and that brings us to US Telematics Inc. Trading under the symbol UTLM, US Telematics is engaged in the development and commercialization of next-generation, proprietary technologies to help deliver the totally “wired car,” but of course doing it wirelessly, they can deliver high speed data and entertainment content to private and/or commercial vehicles. The Company has developed cutting edge, patent-protected products that enable voice-driven, hands-free text and email communications, entertainment and Internet data, along with broad additional commercial applications for safety and navigation. That’s a mouthful right there, and yet each and every bullet point is a multibillion dollar market unto itself.
With a 60 billion dollar global marketplace for Telematics, just having a business name called US Telematics is noteworthy of some advanced thinking, but UTLM goes far beyond just a catchy name. Recent revenue sharing deals with such names as Dish Network and Verizon wireless validates just how advanced and serious this company is about profiting from the global explosion for such devices. In fact, each product they’ve developed is worthy of its own in depth article and description, so that investors can truly get the full flavor of the opportunity offered here.
US Telematics. A great name for a tremendous opportunity to get involved with a leader in one of the fastest growing segments of the electronics marketplace on Earth. One would be hard pressed to do better than that.
