TIE Technologies Signs Satellite Agreement With Globalstar
September 4, 2009 (FinancialWire) — TIE Technologies, Inc. (OTC: TTCS), a leading developer of advanced communication technologies designed to improve connectivity, productivity, and communication, announced it has signed a Value Added Reseller agreement with Globalstar, Inc., (NASDAQ: GSAT), 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. 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.
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