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TrakLok Corporation's technology secures cargo while increasing efficiency ( April 18, 2009 ) Knoxville TN - TrakLok Corporation-The two main threats to cargo security are theft and smuggling. Cargoes of all types are targeted for theft. Food, consumer electronics, light bulbs, cigarettes, clothing, pharmaceuticals, construction materials, cars and auto parts, precursor chemicals for drug production, the list goes on and on. The FBI estimates that cargo theft cost anywhere from $15 to $30 billion and the average freight on a trailer was worth anywhere from $12,000 to $3 million. The total worldwide theft of cargo approaches $50 billion according to Freightwatch International Group. In addition, the American Association of Port Authorities estimated that there are $60 billion of in-direct costs that are associated with cargo theft. The TrakLok Corporation has developed and is deploying the GeoLok TM , a device that quickly and easily provides for physical security for cargoes, while giving the client global asset visibility . Read More or visit www.traklok.net |
TrakLok to exhibit "smart" container security solution at US Army's FPED VII expo. (May 6, 2009) Charleston, SC (PMSO.net) TrakLok Corporation of Knoxville , TN will be exhibiting its smart container security solution at Force Protection Equipment Demonstration VII (FPED VII) held May 19-21, at the Stafford County Regional Airport in Stafford, VA. FPED VII is conducted by will be conducted by the US Army's Product Manage/Force Protection Systems (PM/FPS) and sponsored by the Office of the Under Secretary of Defense For Acquisition, Technology & Logisitics (OUSD AT&L), Department of Energy (DOE), Department of Homeland Security (DHS), Joint Staff (JS), National Institute of Justice (NIJ), National Nuclear Security Administration (NNSA), Technical Support Working Group (TSWG). Read More or visit www.traklok.net
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TrakLok Corporation selected as Five Ventures finalist Charleston , SC , March 30, 2009 , (PMSO.net)- TrakLok Corporation of Knoxville , TN was selected as a finalist of the Five Ventures Competition held by the Charlotte Research Institute at UNC Charlotte. Joel Reed, CTO and Director of TrakLok Corporation, will be presenting at the April 9 th event at UNC Charlotte's Barnhardt Student Activities Center . Five Ventures® is a free competition open to any aspiring entrepreneur with an early-stage high-growth business within the Southeast region of the county. Finalists will compete for over $100,000 in cash and in-kind services. Teams will receive one-on-one mentoring and coaching from a network of over 50 volunteer professionals from throughout the region. Read More or visit www.traklok.net |
TrakLok Corporation Selected To Present At Innoventure Southeast 2009 Charleston , SC , February 24, 2009 , (PMSO.net)-TrackLok Corporation of Knoxville , TN was selected along with seven other companies to present at Innoventure 2009, the sixth annual southeastern innovation conference. Presenting entrepreneurs, from Tennessee , South Carolina, Georgia , and North Carolina , represent industries from information technology to advanced materials and sustainability. InnoVenture 2009 will be held on March 24, 2009 , at the Carolina First Center in Greenville , SC. Read More or visit www.traklok.net |
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TrakLok to exhibit "smart" container security solution at US Army's FPED VII expo. (May 6, 2009) Charleston, SC (PMSO.net) TrakLok Corporation of Knoxville , TN will be exhibiting its smart container security solution at Force Protection Equipment Demonstration VII (FPED VII) held May 19-21, at the Stafford County Regional Airport in Stafford, VA. FPED VII is conducted by will be conducted by the US Army's Product Manage/Force Protection Systems (PM/FPS) and sponsored by the Office of the Under Secretary of Defense For Acquisition, Technology & Logisitics (OUSD AT&L), Department of Energy (DOE), Department of Homeland Security (DHS), Joint Staff (JS), National Institute of Justice (NIJ), National Nuclear Security Administration (NNSA), Technical Support Working Group (TSWG). Read More or visit www.traklok.net |
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( April 14, 2009 ) Knoxville TN - The TrakLok Corporation of Knoxville , Tennessee won the Service/Retail category at the Five Ventures competition in Charlotte , North Carolina . Five Ventures is a free competition open to any aspiring entrepreneur with an early-stage high-growth business within the Southeast region of the country. Competitors are segmented into one of five sectors: Biotechnology - Pharmaceuticals, Biotechnology-Devices, Information Technology/Software-as-a-Service, Service/Retail and Student/Non-Profit. More than 250 attendees viewed the 15 new startups' presentations at the UNC Charlotte event.
The annual business competition put on by the UNC Charlotte picked winners in the different categories among 16 semifinalists during a day-long event. The winners will divide some $100,000 in professional services. Startups from three states, Georgia North Carolina and Tennessee , took home first place honors in the annual competition Thursday. Teams will receive one-on-one mentoring and coaching from a network of over 50 volunteer professionals from throughout the region.
Bud Whitmeyer, COO of TrakLok Corporation, presented at the April 9 th event at UNC Charlotte's Barnhardt Student Activities Center . TrakLok Corporation was chosen from about 50 applicants as a semifinalist and, later, a finalist. 15 finalists Thursday in UNC-Charlotte's Five Ventures competition, a battle between early-stage businesses across the Southeast for thousands of dollars in coaching - and a chance to get in front of potential investors.
About TrakLok Corporation
TrakLok Corporation has developed and is deploying the GeoLok TM , a combined container lock and tracking device. Delivered as a complete turnkey solution, the GeoLok TM provides security and asset tracking throughout the entire supply chain with road, rail, and marine segments all interacting fluidly throughout the full life-cycle of a container shipment. Using physical security technologies, wireless communications, and sensor networking, the GeoLok TM will provide better security and tracking of high value shipments throughout the world.
The GeoLok TM provides real-time information about the condition and location of high valuable assets and provides a means of securing entry to the container in order to reduce losses and enables better utilization decisions. The unique innovation of the TrakLok system will initiate a paradigm shift in how intermodal shipping containers are tracked, monitored, utilized and secured. For more information contact:
Eric Dobson, Ph.D. CEO and Director
2450 E.J. Chapman Drive
Knoxville , TN 37996
(865) 332-1813