East Coast Diversified Corp. (ECDC) Increases Sales with GPS Pilot Programs World-Wide By: Staff Reporter Last Updated: Jan. 19, 2011 - 10:40am EST (NEW YORK)--EarthSearch Communications, a wholly-owned division of East Coast Diversified Corp. (OTC:ECDC- Ihub), announces new sales through pilot programs for their solar powered RFID and GPS tracking technology. The Company has confirmed that EarthSearch has been expanding new sale orders of their LogiBoxx RFID/GPS tracking technology in a number of countries around the world. In Nigeria, the Company has closed a $20,000 pilot program purchase with that countries ministry of Education for the use and implementation of their solar -powered LogiBoxx system. Also in Africa, the Company has recently sold several small pilot programs for their GPS technology in Kenya and Tanzania as well. In the Middle-East, the Company has closed pilot programs in Qatar and Dubai to use their solar-power LogiBoxx technology in remote oil refineries in both these nations. EarthSeach's technology shows great promise for remote oil and industrial refineries that are lacking broadband communication, and power-supplies to track important cargo and equipment in these areas. In addition, the Company has or is already in the process of rolling-out similar pilot programs in Russia, Ecuador, Chile, and Canada as well. Although these purchase orders may not be larger within themselves, they do open the company up to showcase the multiple uses for the GPS LogiBoxx tracking technology, which in turn could result in potential larger follow-on purchase orders from both commercial and government agencies in these countries. EarthSearch Communications, Inc, a wholly-owned division of ECDC, manages their flagship product, LogiBoxx™, which integrates GPS and RFID at the hardware level. LogiBoxx offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Share Structure As of November 2010, the Company had around 200 million shares authorized, with around 59 million shares issued and outstanding. Based on these numbers, the Company is currently trading at a market cap of just under $600,000, when compared to their peers within the RFID and GPS sector, is well undervalued. The Company's integration between RFID and GPS technology, with patent pending, makes EarthSearch a unique player in RFID, GPS, and global logistic and tracking industry. Based on the wide use and need for such tracking technology, and the valuation of others within the sector, Ludlow Capital felt a $8 to $10 million valuation for the company, or around $0.10 to $0.12 per share. Some other companies involved in the GPS technology and tracking industry are Comtech Telecommunications Corp. (NASDAQ:CMTL), TeleNav, Inc. (NASDAQ:TNAV), and Globalstar, Inc. (NASDAQ:GSAT). About EarthSearch Communications EarthSearch Communications, an ECDC Company, is a US-based business whose flagship product, LogiBoxx™, integrates GPS and RFID at the hardware level. When combined with its proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Its expertise with GPS and RFID technologies, combined with exceptional support and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-time location solutions in the marketplace. For more information on EarthSearch, visit www.earthsearch.us WSNC Investor NewsWire Service Founded in 1999, Wall Street Newscast provides active day traders and investors with updates, unbiased research opinions, and chart analysis on some of the most active micro cap stocks. WSNC offers both public and private companies a wide-range of investor awareness, media, and promotional services to help showcase their companies to the general investment community. For more information on our service please visit - www.wallstreetnewscast.com/services/ Quelle: www.wallstreetnewscast.com/news/2011/january/ecdc3631.html Bio ----------- Posts sind keine Empfehlung zum Kauf oder Verkauf. Alle Posts stellen nur meine eigene Meinung dar. |