NVSR - About NavStar Technologies, Inc. In recent years, we have seen explosive growth and change in the telecommunications industry. Wireless technology has forever influenced the way people communicate with each other. It has allowed them to be truly mobile and never out of touch.
Now the industry has further evolved with the same technology and is delivering these benefits to help people, machines and systems all communicate with each other. Application possibilities are seemingly endless for business, allowing companies in these vertical markets to reduce costs and increase productivity. Distribution of technology that facilitates the needs of modern consumers is an appealing market.
The location-based services business sector is one of the most promising emerging technologies in the wireless industry today. The location and tracking marketplace has recently undergone significant changes as new disruptive innovations (such as Argo Navigation's products) and competitive digital cellular data services have driven service costs down; and as a result, a larger potential customer base is emerging for these services.
One of the primary focuses of our sales efforts will be the trucking, delivery and services industry. Anyone that has to be on the road and make multiple stops and wants to be productive (not getting lost) and save fuel. The NavStar product development concept and current features and functionality will allow us to sell into this huge market.
The following is a high level view of this market opportunity: 20 million fleet vehicles 25 million field service techs and drivers 15 million mobile sales force employees
A further breakdown of this market reveals the following summary of vehicles on the road by market segment. Service Fleets: 4.5 million vehicles Delivery (trucking) fleets: 4.3 million vehicles 3 million Private delivery vehicles Government: 3.1 million vehicles (excl. Public Safety) Public Safety: 400,000+ vehicles Sales fleets: 450,000 vehicles Rental car/truck: 2.1 million
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Share Structure, Investor Relations, & Transfer Agent NavStar Share Summary as of 09/8/11 Authorized 100,000,000 Issued & Outstanding 74 Million, Tradable Float 189,446,376 Investor Relations Patrick Bannister 714-502-6900 or contact eobr@navstarinc.com
Transfer Agent: Corporate Stock Transfer, Inc., 3200 Cherry Creek Drive South Suite 430 Denver, CO 80209
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