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Technology 2010-09-01 3 min read

TrakLok Corporation and Telesensors Complete Merger

TrakLok Corporation and Telesensors, Inc., are proud to announce that they have completed a merger that will strengthen the sales and development of their next generation locking and visibility product to the Logistics market.

KNOXVILLE, TN, September 01, 2010

TrakLok Corporation and Telesensors, Inc., are proud to announce that they have completed a merger that will strengthen the sales and development of their next generation locking and visibility product to the Logistics market. Both companies are based in Knoxville, Tennessee, and have been working together on developing electronic components and wireless sensor systems for TrakLok Corporation's GeoLok . The merger will blend the already robust capabilities of both organizations to provide physical security and global visibility for highly mobile cargo and containers in a flexible security, tracking, and monitoring platform, which increases both homeland security and operational efficiency.
The merger, completed in mid-August, unites a security and visibility focused company with a wireless sensor company with TrakLok Corporation as the surviving entity. Eric Dobson, CEO and Director of TrakLok Corporation, elaborated on the advantages of the merger saying "Telesensors brings intellectual property, a private local area network technology that will be used for several purposes, and extensive experience in wireless network and sensor design." Dobson added, "We are excited about the merger and look forward to the coming days as a single, unified entity."
TrakLok Corporation, has integrated wireless and security technologies to track and secure containers globally and developed a web accessible information-technology based global tracking system to take full advantage of the unique features of the GeoLok . The Telesensors team's expertise in the area of wireless sensors and power management will greatly enhance the capabilities of the TrakLok Corporation in the areas in-box cargo awareness and wireless network power management. The system's integration of low power electronics, circuit design focused on maximum power utilization, and firmware tools that optimize power consumption will greatly increase the efficiency, longevity, and reliability wireless applications in highly mobile and industrial environments.
About Telesensors
Telesensors was founded in 2003 by a group of Electronic Engineers with extensive ASIC and Electronic Engineering backgrounds. In 2006, Telesensors added capability for Sensor/RF integration projects which fit well with their talents of designing small, highly complex products. Telesensors offers wireless, sensor and power management products featuring the Perpetual system. By utilizing Telesensors Perpetual development system, clients can utilize the integration of low power electronics, circuit design focused on maximum power utilization, and firmware tools that optimize power consumption. The Perpetual energy development system utilized by Telesensors engineers provides maximum operating life of wireless systems.
About TrakLok Corporation

TrakLok Corporation's mission is to commercialize products and services into the global shipping industry to revolutionize both cargo security and efficiency in order to return value to its shareholders. The company offers products that provide physical security and global visibility for highly mobile cargo and containers. Using physical security technologies, wireless communications, and wireless sensor networking, the GeoLok and TrakLog solution provides lock-tight security with total asset visibility for high value and high interest shipments throughout the world. The company was founded in 2008 and is headquartered in Knoxville, Tennessee. For additional information about TrakLok and its products, visit online at http://www.traklok.com
Media Contact
Eric Dobson (865) 332-1813

TrakLok Corporation
11020 Solway School Road Suite 111
Knoxville, TN 37931
Phone:(865) 332-1813 Fax:(877) 497-8260
http://www.traklok.com

TrakLok Corporation has developed and is deploying the GeoLokTM, a combined container lock and tracking device. Delivered as a complete turnkey solution, the GeoLokTM 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 GeoLokTM will provide better security and tracking of high value shipments throughout the world.
The GeoLokTM 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.