USTelematics, Inc. (UTLM.OB) Sees a Number of Favorable Conditions Driving its Business
This company was started by telecommunications experts focused on the Wired Car concept. They intend to bring together mobile devices for business and entertainment while mobile. Technologies not only provide this, but also provide customer safety while on the road. Their technologies are in demand as shown by their revenue sharing contract with Verizon and Dish networks that are already in place. They also continue to advance their proprietary technologies to strengthen their market position. The global Infotainment market is expected to reach $35 billion by the year 2010, representing a tremendous opportunity for growth. Auto manufacturers have also begun…