news out-Consumers Financial Corporation Appoints Experienced GPS Sales Executive to Head the Sales and Marketing for Universal Tracking Technologies, Inc. Subsidiary
FORT WAYNE, Ind., Sept 29, 2009 /PRNewswire-FirstCall via COMTEX/ -- Consumers Financial Corporation, Inc. (Other OTC: CNSF) is pleased to announce the appointment of Nick Muratore as Vice President of Sales. Mr. Muratore was a co-founder of Universal Tracking Technologies, Inc. (UTTI), which is now a wholly-owned subsidiary of the company. Mr. Muratore's innovative and visionary approach to providing asset and fleet tracking solutions allowed UTTI to become one of the early pioneers in passive GPS technology with the introduction of one of the first passive GPS systems with automatic download capacity to market 10 years ago. His sales and product knowledge has played a major role in developing the subsidiary's product line, which has generated over $6,000,000 in revenue since its inception in 1999.
In the last 10 years, UTTI has built up a customer base of approximately 600 customers, who are utilizing the company's hardware and software solutions. Some of UTTI's customers include Culligan Water, Frito Lay, Pepsi Bottling Company, Copper Eagle Patrol & Security, Palm Springs Unified School District, and the Houston Food Bank, amongst others.
Prior to co-founding UTTI, Mr. Muratore was National Sales Manager for the largest 220 MHz Logic Trunk Radio (LTR) company directing a full time sales staff of 50 Sales Representatives. "We are proud to have Nick join UTTI as Vice President of Sales assure continuity and the sales momentum that he has created over the last 10 years," stated Robert Dalton, President of Universal Tracking Technologies, Inc.
About Consumers Financial Corporation, Inc.:
Consumers Financial Corporation, through its wholly owned subsidiary Universal Tracking Technologies, Inc., offers the most comprehensive solutions in fleet management systems. The Company's GPS tracking solutions can be used by practically any business that utilizes employee-driven vehicles. Utilizing GPS for a variety of fleet monitoring products and software, Universal Tracking Technologies provides management systems for a wide range of markets, including: construction, delivery services, emergency services, limousines, messenger services, municipalities, taxis, towing and trucking. Universal Tracking Technologies has the ability to serve a variety of needs; whether it is managing a fleet of hundreds, simply checking-up on a few problem drivers or providing a tracking tool for clientele. Consumers Financial Corporation is focused on developing and marketing Universal Tracking Technologies solutions, as well as acquiring and developing synergistic companies that provide location based service products and cutting edge solutions for asset tracking and logistics.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
