Location Based Technologies, Inc. (LBAS) Expanding Industry Presence with Innovative Tracking Solutions
Location Based Technologies designs, develops and sells commercial and consumer wearable global positioning system (GPS) tracking solutions based on worldwide GSM networks. The company markets its consumer products under the PocketFinder brand and its commercial products under the LBT brand. Through these two brands, LBAS allows its customers to accurately track and monitor everything from luggage and pets to mobile equipment and vehicles. The company’s products combine the complexities of emerging GPS location devices and wireless technology into simple, easy-to-use location solutions that allow for streamlined user interaction. The company’s business model includes revenue from both product sales and monthly…