LAS VEGAS, Jan. 16, 2019 /PRNewswire/ -- GeoTraq
Inc., a subsidiary of Appliance Recycling Centers of America, Inc.
(NASDAQ: ARCI), is excited to announce the approval of its
patent (No. 10,182,402) for ground-breaking technology that is core
to the company's integrated cellular IoT modules.
GeoTraq believes that this innovative technology is set to
revolutionize the way people locate assets and communicate data
globally. Through their integrated modules and connectivity,
this patent provides GeoTraq with the intellectual property rights
to significantly increase the battery life of devices that utilize
GeoTraq technology by remotely controlling scheduled wakeup
intervals to reduce power consumption. In addition, the
intellectual property allows GeoTraq the ability to provide
accurate location information directly from its module without
using GPS technology.
GeoTraq offers low cost, long battery life, small form factor,
fully integrated modules that require no soldering to boards.
Attach an antenna, battery, and sensor if applicable, and activate
your device in under 5 minutes.
"This is another important step in GeoTraq's strategy to
simplify how devices are connected to the Internet of Things,"
states Pierre Parent, GeoTraq's
Chief Technology Officer. "By incorporating location
capabilities directly into the wireless chipset, GeoTraq modules
allow our customers to build smaller, less expensive devices.
Eliminating GPS chipsets, while giving customers remote control
over the timing of device wake ups to report position and sensor
status, significantly extends battery life.
To learn more about this technology and how it can power IoT
solutions go to www.geotraq.com. The patent can be reviewed at
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=1&p=1&f=G&l=50&d=PTXT&S1=geotraq&OS=geotraq&RS=geotraq.
Forward Looking Statements
This press release contains
statements that are forward-looking statements as defined within
the Private Securities Litigation Reform Act of 1995, including
statements regarding the revolution of the location of assets and
global communication of data. These forward-looking statements are
subject to risks and uncertainties that could cause actual results
to differ materially from the statements made, including the risks
associated with the general economic conditions, competition in the
Internet of Things industry and regulatory risks. Other factors
that could cause operating and financial results to differ are
described in ARCA's periodic reports filed with the Securities and
Exchange Commission (the "SEC"). Other risks may be detailed from
time to time in reports to be filed with the SEC.
About GeoTraq
GeoTraq is a cellular IoT module
manufacturer and network operator that is committed to creating
real ROI's for customers through simple cellular IoT modules that
are quick to deploy, easy to maintain, and provide the right data,
at the right time. Intelligently designed integrated modules,
that provide "service in a module", customers get form factors
smaller than a penny, cellular power saving mode, and non-IP Data
delivery over Tier-1 cellular connectivity across 193 countries,
delivering ubiquitous global coverage. Leveraging existing
network infrastructure, and understanding the basic needs of IoT
communications, GeoTraq has created a low power, long range, cost
competitive communications solution. Visit GeoTraq online at
www.GeoTraq.com.
About ARCA
ARCA and subsidiaries are in the business
of recycling major household appliances in North America by providing turnkey appliance
recycling and replacement services for utilities and other sponsors
of energy efficiency programs. In addition, through GeoTraq, ARCA
is engaged in the development, design and ultimately ARCA expects
the sale of cellular transceiver modules, also known as Cell-ID
modules.
GeoTraq contact:
Tiffani Neilson (USA), +1.702.757.4080;
tneilson@geotraq.com
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SOURCE Appliance Recycling Centers of America, Inc.