TIE Technologies Signs Satellite Simplex Data Agreement With Globalstar
NEW YORK, Sept. 3, 2009 (GLOBE NEWSWIRE) -- TIE Technologies, Inc. (Pink Sheets:TTCS), a leading developer of advanced communication technologies designed to improve connectivity, productivity, and communication, today announced it has signed a Value Added Reseller agreement with Globalstar, Inc., (Nasdaq:GSAT - News), a world leader in providing mobile satellite voice and data services to business, governments and consumers.
TIE Technologies plans to integrate the coverage and service offered by the Globalstar Simplex data network into its virtual gateway, providing worldwide data communications and specific asset tracking solutions. These solutions will allow customers to track their assets using the Globalstar satellite network and TIE's Point B Telematics software.
The Globalstar Simplex data offering is an affordable and highly reliable one-way satellite data service that permits customers to use satellite modems and integrated back office management solutions to track mobile assets -- such as vehicles, trailers, cargo containers and maritime vessels, using GPS or other location-based software. It can also provide personal tracking and messaging solutions for commercial and recreational customers using products such as the SPOT Satellite GPS Messenger(TM). Simplex data service can also be used for a wide variety of industrial and security applications to monitor and send information from fixed assets, such as environmental measuring instruments, utility meters, or report the state of various mobile sensor devices and their locations.
Summarizing the service proposition, Mark Stevenson, Vice President, Strategic Sales and Alliances for Globalstar, Inc., stated, "By using the Globalstar satellite network, TIE Technologies' customers will be able to economically monitor their assets virtually anywhere in North America, Australia, and Europe and much of South America, Asia and North Africa. The monitored data is then sent back via the Globalstar space and ground network to the TIE Technologies' control and back-office monitoring facility. This data is received essentially in real time and from remote locations far beyond the reach of traditional ground-based wireless communications systems."
Mark Marangella, TIE Technologies, Executive Vice President commented, "Our communications gateway is the core pathway for data routing to our customers, employing Globalstar's ubiquitous satellite coverage, will be critical in creating the most cost effective solution for our client's data needs. Combined with our Point B Telematics acquisition, the Globalstar satellite communications system provides the perfect match for TIE's WIMFLeet customer's needs."
About TIE Technologies, Inc.
TIE Technologies is a systems integration and telecommunications company focused on engineering and delivering innovative solutions for user's needs and challenges within the dynamic global voice, video and data communications markets. The company offers managed IT and telecommunication services to solve a myriad of complex client requirements. Services and solutions include applications hosting, managed hosting, complex event systems management services, content delivery networks, data broadcasting networks, and voice and video solutions. TIE Technologies (TIE) is traded on the Pink Sheets under the symbol "TTCS."
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