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28th July 2004 - Location services specialist GCT has
turned to CPS’ Matrix technology to power a new
generation of high accuracy devices and applications,
it was announced today.
The two companies have launched a joint development
programme that will see CPS’ software-only Matrix
solution integrated into a range of products suitable
for vehicle, personal, asset and even pet tracking.
The service and devices – marketed under GCT’s
Tekel brand – are designed to fit into a pocket
or palm of the hand and will deliver sub-100m accuracy
across all environments and rapid location fix speeds.
GCT will also apply Matrix to its Tekel application
middleware platform – including global 2D and 3D
mapping and applications tools – that is used by
a number of European operators to operate enterprise
and personal location-based services.
The Spanish company, which plans to launch a range
of Matrix-enabled products in late 2004, turned to CPS
because its technology matched its requirements for
a high accuracy solution than could easily be deployed
into the Tekel range of terminals.
The two companies are also to jointly market the products
and applications to operators worldwide, but will initially
focus on Latin America where there is strong demand
for personal safety, vehicle location products and asset
monitoring.
CPS CEO Chris Wade said: “This partnership will
deliver a unique offering – a personal device,
as small as a business card, that can be used to provide
a highly accurate location. Imagine the uses –
for locating friends and family and personal possessions
from laptops to vehicles.
“This further underlines Matrix’s unique
ability to support a range of enterprise services –
and highlights the strong and growing appetite for our
technology from device, applications and services companies.”
GCT CEO Enric Rossell said: “We wanted to work
with CPS because they can provide a unique combination
of high accuracy and low cost coupled with all-environment
coverage. Existing technologies, such as Cell-ID do
not meet our needs or the expectations of end-users.
“We do believe that by joining efforts, our companies
will be in the position of providing to the mass market
an unbeatable range of Tekel products and services.
“We look forward to offering our customers an
enhanced range of Matrix-powered products alongside
new compelling high accuracy applications and services.”
CPS was recently awarded the Frost & Sullivan Customer
Value Award 2004 for its Matrix technology. The award
is given to the company that “provides customers
with the solution or service that provides the highest
ratio of value to cost.” Further, the company has
just been selected in the AlwaysOn “Top 100”
listing of global start-ups.
About Global Consulting Touch
GCT IBERICA (GCT) is a leading provider of location
services to users in ASP mode over the Internet and
by its own devices. GCT devices, which make simultaneous
use of positioning information systems, wireless interfaces
and communication networks, offer solutions and customized
applications to a wide range of needs.
GCT location service covers Europe and the company
is recently initiating commercial launch in Brazil,
Chile, Jordan, United Arab Emirates, Saudi Arabia and
Russia.
GCT is a Spanish company that was founded in July 2002
with private capital. In less than two years it has
grown dramatically from 5 to nearly 80 employees and
has reached an annual turnover of US$ 8 Million in 2003.
The forecasts for Q3 2004 indicate an improvement of
last year's results.
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