Viyya Technologies, Inc. (Pink Sheets:VYON), announced today that it has entered into a strategic agreement with Homeland Security Network, Inc. (Pink Sheets:HSYN), whereby Viyya will serve as a reseller of Homeland Security Network's iTrax global asset tracking and remote theft prevention solution and bundle the iTrax Technology with its Security Operations Portal. iTrax combines GPS tracking capability with a web interface in one simple device, working in tandem with a user's mobile phone, PDA, or computer. A proprietary one-click/one-call technology, iTrax provides single-point access to safety and convenience features that eliminate the need for third-party involvement and represent considerable advantages over current GPS products and location-based services. iTrax responds to the complex security concerns of government entities and corporate users by providing a network of security devices that identify, locate and monitor the location of any mobile asset. For individual consumers, iTrax places control completely in the user's hands, providing peace of mind without substantial upfront investments. "iTrax technology delivers performance and functionality that current, antiquated radio frequency trackers and GPS devices cannot match at any price," said Charles Norman, CEO of Homeland Security Network. "We look forward to leveraging Viyya's extensive sales network to bring the iTrax solution to thousands of enterprise users across the country." According to industry sources, the global demand for real-time track and trace applications is growing exponentially as companies strive to improve security and customer service. In addition to thriving demand from the logistics, homeland security and military sectors, market opportunities are emerging in the consumer automobile and insurance sectors. A recent report from The Yankee Group confirms that while the current market for real-time location systems is small - approximately $20 million in sales in 2005 - falling chip prices and increasing enterprise wireless LAN deployments will help push the market to more than $1.6 billion by 2010. "Our Security Operations Portal and VIYYA(TM) driven technologies monitor real-time events and activities within an organization providing actionable intelligence for management. iTrax is the perfect portal component to track, monitor and manage mobile assets. Together we provide a total solution that will become the new standard in affordable GPS and real-time event monitoring technology," said John Bay, CEO of Viyya Technologies. "By aligning itself with a product and a company that are on the cutting edge of real-time tracking technology, Viyya is now strategically positioned to capitalize on this surge of new market interest." About Homeland Security Network Homeland Security Network, Inc. is a publicly traded company specializing in high-technology consumer security and tracking systems. For more information, please visit http://www.hsni.us. About Viyya Technologies Viyya Technologies (Pink Sheets:VYON) is the developer and marketer of the world's most advanced, web-based information management application. The company's core technology manages disparate information from the Internet, corporate intranets, databases, newsgroups, email, and third-party feeds by enabling users to customize the way they collect, process, distribute and store data. VIYYA(TM) gives users the ability to retrieve filtered content from many sources, determine the relevancy of the information, and have the information processed into notifications, daily reminders, newspapers, or archived for future use. For additional company information, please visit http://www.viyya.com. Legal Notice: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this release. These statements relate to future events or financial performance; are based on current expectations/projections about Viyya and its industry; and may differ materially from actual future results or events. Such words as "expects", "believes", and "anticipates" are intended to identify these statements. Viyya disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise.
CurrentC Power (PK) (USOTC:VYON)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more CurrentC Power (PK) Charts.
CurrentC Power (PK) (USOTC:VYON)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more CurrentC Power (PK) Charts.