Location Based Technologies, Inc. (LBAS) Addressing Rising Demand for GPS-Enabled Technologies
GPS-enabled technologies provide a host of benefits to both businesses and consumers. According to a study by Motorola (NYSE: MSI), businesses that implement GPS fleet tracking technologies report yearly fuel savings of more than $51,500. As a result, market demand for innovative GPS tracking devices has been on the rise in recent years. Location Based Technologies, Inc. (OTC PINK: LBAS) is addressing this demand by designing and manufacturing tracking devices to better manage people, vehicles and assets. The company’s product line includes an innovative selection of personnel tracking, vehicle tracking and asset tracking solutions. LBAS currently markets its products under…