Location Based Technologies (LBT), a provider of personal, pet and asset location devices, has received an order from Stephen Gould Corp, for specialized medical equipment and asset tracking devices that will be utilized by a Southern California medical company.
LBT said that it has not only responded to the critical, highly-specialized need, but in doing so the company will benefit from a new revenue stream to supplement its growing list of products and applications.
In addition, hardware development of the PocketFinder and PetFinder is complete and final software adjustments for new device capabilities are being made. The company anticipates that devices will be in the testing laboratory for global certification by the end of March. Once certifications are finalized devices will be delivered to key distributors for evaluation and ordering purposes.
Dave Morse, CEO, said: “This is another ‘first’ for Location Based Technologies, an added revenue stream, and another application or use of our products. This medical company will have direct access to our unique user interface along with the ability to easily track the location of valuable equipment from origin to destination.”