NEW YORK -- 2-Track Global Inc (OTCBB:TOTG) today announced that it has entered into commercial arrangements with a technology company based in South-East Asia for the supply and distribution of commercial digital video recorders (DVRs) in Europe and the Middle East. Under the terms of the arrangements, 2-Track has been appointed as a Value Added Reseller and Distributor for a period of 3 years in the specified territories.
Mike Jung, President of 2-Track Global, commented "I am extremely pleased to announce that this contract has now been executed. The technology that exists is complementary to the existing 2-Track product range and will enable all manner of remote and mobile assets including containers, trucks and other high volume assets to have digital camera recording technology built into security solutions. There are a multitude of applications with the technology and the company will be looking to its existing contact/customer base to supply this as an add-on to the existing product range. Indeed, as we have already received requests from third parties to supply this type of technology, I am now delighted to have secured the exclusive distribution rights".
2-Track Global Inc (TOTG) is a technology development and marketing company which owns, operates and licences proprietary telematics solutions combining hardware and software applications run over wireless or satellite networks to deliver remote security management of marine and cargo fleets (including consumer solutions aimed at the leisure, marine and domestic security markets) and commercial vehicle plant and machinery management and security. The company has communications architecture technology which provides global logistics solutions for the remote monitoring of freight containers over multiple transport mores.
