ATLANTA, May 20, 2015 (GLOBE NEWSWIRE) -- Numerex (Nasdaq:NMRX), a leading provider of interactive machine-to-machine (M2M) solutions enabling the Internet of Things (IoT), today announced the launch of FASTrack PrePaid – a new, low-cost, turnkey offering that combines advanced vehicle tracking, monitoring and recovery, and other desirable features into one, simple-to-use, economical solution.
Using FASTrack PrePaid, fleet managers and dealers can provide vehicle owners with a solution that offers driver-behavior monitoring as well as an economical tracking and recovery solution for their vehicles. The easy-to-deploy offering is built on Numerex's award-winning, cloud-based platform and is coupled with the Numerex network. The offering is available as a bundled solution with options for 24 or 36 months of prepaid service.
Driver safety and security features enable the ability to monitor vehicle fluid levels, to receive maintenance reminders, and to perform remote door unlocking. Driving behavior patterns including excessive speeding, braking and idle time are also automatically logged and can be used to identify opportunities to improve fuel efficiency and general road safety.
Vehicles can also be effectively monitored with user-defined "geo-fences" that trigger web portal, email, or text message alerts should the vehicles venture beyond pre-set boundaries or routes. In the event of theft, the vehicle starter can be remotely disabled, helping facilitate recovery. A viewable route history also helps monitor, track and trace vehicles as necessary.
"FASTrack PrePaid fills an important gap in the market and delivers an affordable, easy-to-use vehicle monitoring, tracking and recovery solution that enhances the security, safety and productivity of drivers and their vehicles," said Mike Lang, SVP and President of IoT Solutions at Numerex. "This new offering also provides great opportunities for car dealers to enhance their own accessory revenues when their customers are finalizing the purchase of a vehicle."
FASTrack PrePaid is compatible with a range of popular vehicle monitoring devices. The application is accessible from smart phones, tablets, laptops and desktop PCs.
Numerex Corp. (Nasdaq:NMRX) is a leading provider of interactive and on-demand machine-to-machine (M2M) enterprise solutions enabling the Internet of Things (IoT). The Company provides its technology and services through its integrated M2M horizontal platforms, which are generally sold on a subscription basis. The Company offers Numerex DNA® solutions including hardware and smart Devices, cellular and satellite Network services, and software Applications utilizing Numerex solution technology. The Company also provides business services to enable the development of efficient, reliable, and secure solutions while accelerating deployment. Numerex is ISO 27001 information security-certified, highlighting the Company's focus on M2M data security, service reliability and around-the-clock support of its customers' M2M solutions. For additional information, please visit www.numerex.com.
Statements contained in this press release concerning Numerex that are not historical fact are "forward-looking" statements and involve important risks and uncertainties. Such risks and uncertainties, which are detailed in Numerex's filings with the Securities and Exchange Commission, could cause Numerex's results to differ materially from current expectations as expressed in this press release. These forward-looking statements speak only as of the date of this press release, and Numerex assumes no duty to update forward-looking statements.
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