GeoTraq, Inc. (GTRQ) Addressing Unmet Need in Location-Based Services Market
GeoTraq is a location-based services (LBS) technology provider established to manufacture and sell cellular transceiver modules enabled by Cell-ID. The company’s proprietary technology addresses an unmet need in the large LBS market segment. With the small size, low cost and low battery consumption of Cell-ID modules, location tags implementing GeoTraq’s modules can be smaller, less expensive and operate over longer periods of time than those using more traditional cellular modules. “Cell-ID modules will allow companies to deploy extremely small tracking tags worldwide and locate them with a click of a button,” stated Gregg Sullivan, Chief Executive Officer of GeoTraq. In…