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Friday, August 07, 2009 8:51:01 AM
Anything Trucker (www.anythingtrucker.com ) and Anything Brands Online myFreightWorld division (www.3plinabox.net) will market the NavStar line as value added products that will enhance their existing offerings of products and services designed to improve operations efficiency and safety of their commercial transportation customers. The NavStar Vehicle Tracker system will be the initial product sold in 2009 with approximately 20,000 units in service around the world and having a track record of proven performance in the international marketplace. With year one sales forecast in the US at less than one tenth of one percent penetration, there is a significant "upside" in this opportunity.
"We are really looking forward to developing productivity and efficiency applications for the US trucking industry. Anything Trucker has already shared 6 new services that we can facilitate with our Vehicle Asset Tracker. Their management's 30 years' experience in the transportation industry is invaluable to us and the upside opportunity to our existing business plan is significant," said N. Douglas Pritt, Chairman & CEO, NavStar Technologies, Inc. "As little as .0005 percent penetration into the US market represents a potential $30M of hardware and service revenue over the next 3 to 4 years."
Tim Norton, President, Anything Trucker, stated, "We are pleased to have NavStar as our business partner as we work together to provide communications, safety, and security products and services to commercial transportation markets in the United States. We are now in a position to provide innovations that will change how any motorized fleet, whether private or for-hire monitor and track their assets while making them more efficient, productive and ultimately more profitable."
About NavStar Technologies, Inc.
NavStar (www.navstarinc.com) is focused on the creation of products and services that provide tracking and monitoring of vehicles and high value cargo, equipment, and other valuable and personal assets.
About Anything Trucker Inc.
Anything Brands Online unit Anything Trucker (www.anythingtrucker.com) markets and sells products and services that improve the level of transportation efficiency and safety of its commercial and recreational customers. The myFreightWorld division is a business outsourcing company that sells technology, services, and wholesale truck, rail, and airfreight capacity to the logistics manager industry that accounts for over $200 billion of the $650 billion transportation industry spend. Technology services and products are offered via the web or are accessible through web service applications and are provided primarily through private label arrangements. See: http://www.3plinabox.net
For more information contact Investor Relations at Anything Brands Online (www.anythingbrandsonline.com) or call 520-742-1890.
FORWARD-LOOKING STATEMENT
This press release contains forward-looking statements within the meaning of U.S. federal securities laws, that involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in this press release.
Contact:
Contact:Investor RelationsAnything Brands Online520-742-1890www.anythingbrandsonline.com
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