Replies to post #2485 on Watchit Technologies, Inc.(fka WTCT)

[WhisperingEye]

Good Call on WTCT :) Got all the .0028s today. Wish I bought more at .003 Owe well :)

[Welcome2Pinkyland]

The broad GPS market for services and devices, has grown from $3.5 billion, in 2003, to a projected $9.9 billion, in 2010

[Welcome2Pinkyland]

North Carolina Law Enforcement's agency has selected the latest software solution from Ecologix to implement GPS technologies.

According to officials with Ecologix, the are possibilities of more sales in the near future as well.

Ecologix provides unique location-based service, asset-based security and machine-to-machine “M2M” monitor and control products. The offering allows users to generate operating and maintenance reports to help lower fuel consumption with the help of applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies.

The agency decided to go for Ecologix’s software solution mainly because of the cost and available features.

“We are excited to open this new revenue stream. Although the cost of GPS hardware has been decreasing, software costs have remained constant, leading to strong, long term revenue streams," ...“We will continue to work to keep our software state-of-the-art and work with our installed base to see that they are getting the most out of their investment.”

Currently, Ecologix supports approximately 100 different GPS devices by different manufactures. Giving the company a major competitive edge and increasing the opportunities for sales revenues.

[Welcome2Pinkyland]

Ecologix has been in operation since 2004, has developed a strong portfolio of products in the GPS industry and has targeted a number of areas including port security. Ecologix is now concentrating its efforts towards government and business to business (B2B) applications, including asset tracking solutions and machine to machine applications.