KNOXVILLE, TN, May 18, 2009
/24-7PressRelease/ -- TrakLok Corporation of Knoxville, TN will present its container security and tracking solution to the IMAF Triad angel investor network in Winston-Salem, NC on May 19, 2009. IMAF Triad is part of the Inception Micro Angel Fund Family of Funds , which is a group of committed, member-managed seed stage angel capital funds designed to capitalize on the growth in entrepreneurial activity and venture financing, throughout the state of North Carolina and in selective areas of Virginia, South Carolina, Georgia and Tennessee.
IMAF is a member-owned and member-managed limited liability company, organized to provide members an opportunity for active involvement in a diversified capital investment process. The fund will seek to enhance the wealth creation of its members by investing dollars as well as time and relationships in early stage, high quality, and high growth companies in the Piedmont area and other geographic areas if appropriate in order that those companies achieve success.
TrakLok Corporation has developed and is deploying the GeoLokTM, a device that secures an intermodal shipping container against unauthorized entry. TrakLok Corporation owns the intellectual property for the container locking solution, has integrated several wireless technologies to track containers globally, and has developed its own web accessible information-technology based global tracking system.
The information provided by the GeoLokTM is accessible through TrakLogTM where users can obtain the location and condition information of a given container from any computer or web enabled device. TrakLogTM alleviates in a holistic fashion problems for companies managing containers in the supply chain including:
• Asset visibility. Where is my leased or owned container now?
• Condition monitoring. How is my container now?
• Security/stop loss. Has my container been tampered with?
• Asset utilization. When can I return my container to duty?
• Predictive maintenance of assets. When is my next required maintenance?
TrakLok Corporation is honored to be selected to present to WED3. The unique innovation of the TrakLok system will initiate a paradigm shift in how intermodal shipping containers are tracked, monitored, utilized and secured. For more information contact:
Eric Dobson, Ph.D. CEO and Director
2450 E.J. Chapman Drive
Knoxville, TN 37996
(865) 332-1813
(877) 497-8260 (Toll Free Fax)
About TrakLok Corporation
TrakLok Corporation has developed and is deploying the GeoLokTM, a combined container lock and tracking device. Delivered as a complete turnkey solution, the GeoLokTM provides security and asset tracking throughout the entire supply chain with road, rail, and marine segments all interacting fluidly throughout the full life-cycle of a container shipment. Using physical security technologies, wireless communications, and sensor networking, the GeoLokTM will provide better security and tracking of high value shipments throughout the world.
The GeoLokTM provides real-time information about the condition and location of high valuable assets and provides a means of securing entry to the container in order to reduce losses and enables better utilization decisions. The unique innovation of the TrakLok system will initiate a paradigm shift in how intermodal shipping containers are tracked, monitored, utilized and secured.
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