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News | 01/22/2001 5:00 am EST

U.S. firm pays $7.2 million for CSI’s vehicle tracking device
U.S.-based InterTrak Tracking Services LLC has paid $7.2 million for Calgary-based CSI Wireless Inc’s vehicle tracking device called AssetVision(TM ) for MicroBurst(R). The order will be delivered over the next year, with shipments beginning immediately. Introduced in October 2000, AssetVision(TM ) for MicroBurst(R) can locate and monitor vehicles, either individually or in fleets, almost anywhere in the United States, Canada and Mexico, and in some parts of South America. The device integrates Global Positioning System (GPS) technology with MicroBurst wireless packet data communications.

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