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WebTech Wireless Incorporated
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WebTech Wireless Inc.: WebTech Wireless Announces Adoption of US Dollar Reporting and Schedules Q3 Conference Call
www.marketwire.com
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 3, 2009) - WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle location-based and fleet telematics services, announces that it has adopted the US dollar as its reporting currency for financial statement purposes. The adoption of the US
http://www.marketwire.com/press-release/Webtech-Wireless-Inc-TSX-WEW-1069689.html
WebTech Wireless Inc.: WebTech Wireless Announces Significant InterFleet Contract With the City of Quebec's Public Works Department
www.marketwire.com
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2009) - WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle location-based and fleet telematics services, announces that through its recent acquisition of Grey Island Systems and its subsidiary InterFleet®, it has entered into a
http://www.marketwire.com/press-release/Webtech-Wireless-Inc-TSX-WEW-1067421.html
WebTech Wireless Inc.: WebTech Wireless Announces the Pending Resignation of Cameron Fraser From Its Board of Directors
www.marketwire.com
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 23, 2009) - WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle location-based and fleet telematics services, announces that Cameron Fraser, WebTech Wireless' CTO and COO, will be resigning from his role as director on the Company's board
http://www.marketwire.com/press-release/Webtech-Wireless-Inc-TSX-WEW-1064407.html
WebTech Wireless Inc.: WebTech Wireless Announces Major Government Sector Sale to the Commonwealth of Kentucky
www.marketwire.com
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 27, 2009) - WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle location-based and fleet telematics services, announces that it has finalized a three-year contract, and initial sale of 273 model WT5000 Locators(TM), with the Commonwealth of
http://www.marketwire.com/press-release/Webtech-Wireless-Inc-TSX-WEW-1065825.html
News from Zibb.com
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WebTech Wireless Announces Adoption of US Dollar Reporting and Schedules Q3 Conference Call -
VANCOUVER, BRITISH COLUMBIA, Nov 03, 2009 (MARKETWIRE via COMTEX) --
WebTech Wireless Inc. (TSX: WEW), a leading provider of vehicle location-based and fleet telematics services, announces that it has adopted the US dollar as its reporting currency for financial statement purposes. The adoption of the US dollar is effective immediately and will be reflected in the Company's third quarter results ended September 30, 2009, scheduled for release on November 12, 2009.
Scott Edmonds, Chief Financial Officer of WebTech Wireless, said, "We've been considering this move for some time and decided that now was the time to make the change. An increasing percentage of our total sales and operations are denominated in US dollars and our expansion plans will increase this exposure. Now with the integration of Grey Island and their large percentage of US dollar operations, we foresaw the inevitability of the US dollar becoming our functional currency as defined by GAAP, and thought it best to make the change proactively. This change also allows us to plan and budget for 2010 in the new currency, easing the adoption of the change across both companies." Edmonds continued, "Additionally, when we look at our peer group, we're one of the few issuers not reporting in US dollars, so this change aligns with our strategy of positioning ourselves against our peers, and will assist us in delivering our story to targeted investors and analysts in the US."
The Company is also announcing that it is scheduling a conference call for November 12, 2009 at 5pm Eastern Time, 2pm Pacific Time to discuss its results for the three months ended September 30, 2009.
Interested parties may participate in the call by dialing 1-800-915-4217 or (212) 231-2900 (for international callers). The conference call will be archived on the Company's website at webtechwireless.com.
About WebTech Wireless Inc.
WebTech Wireless Inc. (TSX: WEW) is a global telematics and location-based services provider that develops, manufactures and delivers end-to-end wireless solutions designed to improve the productivity, profitability and safety of vehicle fleets. WebTech Wireless products and services run on GPS and cellular networks and provide Automatic Vehicle Location, Mapping, Reporting, Vehicle Diagnostics, Driver Status, In-vehicle Telemetry and Navigation and Messaging. The Company delivers products and services in over forty-one countries to a variety of small, medium and Fortune 500 companies, with a particular focus on the transport, service delivery, government and automotive markets. For more information, please visit webtechwireless.com.
Forward Looking Statements
This press release contains forward-looking statements involving risks and uncertainties pertaining to, but not limited to product plans, timing, content, and pricing of products, market and industry expectations, the wireless communications industry, the mobile fleet industry, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this press release, WebTech Wireless cannot guarantee that any forward looking statements will be realized.
Trademarks are the property of their owners.
The Toronto Stock Exchange does not accept responsibilityfor the adequacy or accuracy of this release.
Contacts: WebTech Wireless Inc. Eric Wilson Press and Media +1 778.386.2712 press@webtechwireless.com WebTech Wireless Inc. R. Joe Dhami Investor Relations +1 877.811.4518 ext 462 ir@webtechwireless.com www.webtechwireless.com
SOURCE: WebTech Wireless Inc.
mailto:press@webtechwireless.com mailto:ir@webtechwireless.com http://www.webtechwireless.com
Tags: adoption automotive budget cellular communications conference currency dollar expansion gaap government manufacturer market media politics products sales us dollar wireless
Companies: WebTech Wireless Inc (WEW), WebTech Wireless Inc (WEWWF)
WebTech Wireless Announces Adoption of US Dollar Reporting and Schedules Q3 Conference Call -
VANCOUVER, BRITISH COLUMBIA, Nov 3, 2009 (Marketwire via COMTEX) --
WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle location-based and fleet telematics services, announces that it has adopted the US dollar as its reporting currency for financial statement purposes. The adoption of the US dollar is effective immediately and will be reflected in the Company's third quarter results ended September 30, 2009, scheduled for release on November 12, 2009.
Scott Edmonds, Chief Financial Officer of WebTech Wireless, said, "We've been considering this move for some time and decided that now was the time to make the change. An increasing percentage of our total sales and operations are denominated in US dollars and our expansion plans will increase this exposure. Now with the integration of Grey Island and their large percentage of US dollar operations, we foresaw the inevitability of the US dollar becoming our functional currency as defined by GAAP, and thought it best to make the change proactively. This change also allows us to plan and budget for 2010 in the new currency, easing the adoption of the change across both companies." Edmonds continued, "Additionally, when we look at our peer group, we're one of the few issuers not reporting in US dollars, so this change aligns with our strategy of positioning ourselves against our peers, and will assist us in delivering our story to targeted investors and analysts in the US."
The Company is also announcing that it is scheduling a conference call for November 12, 2009 at 5pm Eastern Time, 2pm Pacific Time to discuss its results for the three months ended September 30, 2009.
Interested parties may participate in the call by dialing 1-800-915-4217 or (212) 231-2900 (for international callers). The conference call will be archived on the Company's website at webtechwireless.com.
About WebTech Wireless Inc.
WebTech Wireless Inc. (TSX:WEW) is a global telematics and location-based services provider that develops, manufactures and delivers end-to-end wireless solutions designed to improve the productivity, profitability and safety of vehicle fleets. WebTech Wireless products and services run on GPS and cellular networks and provide Automatic Vehicle Location, Mapping, Reporting, Vehicle Diagnostics, Driver Status, In-vehicle Telemetry and Navigation and Messaging. The Company delivers products and services in over forty-one countries to a variety of small, medium and Fortune 500 companies, with a particular focus on the transport, service delivery, government and automotive markets. For more information, please visit webtechwireless.com.
Forward Looking Statements
This press release contains forward-looking statements involving risks and uncertainties pertaining to, but not limited to product plans, timing, content, and pricing of products, market and industry expectations, the wireless communications industry, the mobile fleet industry, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this press release, WebTech Wireless cannot guarantee that any forward looking statements will be realized.
Trademarks are the property of their owners.
SOURCE: WebTech Wireless Inc.
WebTech Wireless Inc. Eric Wilson Press and Media +1 778.386.2712 press@webtechwireless.com WebTech Wireless Inc. R. Joe Dhami Investor Relations +1 877.811.4518 ext 462 ir@webtechwireless.com www.webtechwireless.com
Tags: adoption automotive budget cellular communications conference currency dollar expansion gaap government manufacturer market politics products sales us dollar wireless
Companies: WebTech Wireless Inc (WEW), WebTech Wireless Inc (WEWWF)
WebTech Wireless Announces Significant InterFleet Contract With the City of Quebec's Public Works
VANCOUVER, BRITISH COLUMBIA, Oct 29, 2009 (MARKETWIRE via COMTEX) --
WebTech Wireless Inc. (TSX: WEW), a leading provider of vehicle location-based and fleet telematics services, announces that through its recent acquisition of Grey Island Systems and its subsidiary InterFleet(R), it has entered into a contract with the Ville de Quebec (City of Quebec), worth a potential $2.78 million over three phases. The contract involves outfitting the city's public works fleet with the InterFleet(R) fleet management solution, focusing initially on its snowplow and salt spreader vehicles used for critical winter maintenance work. The City of Quebec operates one of Canada's largest winter maintenance fleets.
The first of the three phases of the contract, worth approximately $900K, involves a pilot implementation of an in-house InterFleet(R) management system with specialized winter maintenance features and reporting functions, and equipping 114 vehicles with GPS Mobile Data Units (MDUs). In addition to vehicle location, these units monitor numerous vehicle functions such as mileage, fuel consumption, engine RPMs and engine fault codes. Additionally, on snowplows and spreaders, they are able to monitor salt spreading rates and plow functions. The pilot phase is expected to be completed in March 2010, followed by the project's second phase, which would equip the remaining fleet of approximately 351 vehicles with MDUs, to be completed by December 2010. A third and optional phase could include the equipping of an additional 1,235 city vehicles with MDUs.
Commenting on the sale, Anwar Sukkarie, President & CEO of WebTech Wireless, said, "The fact that this contract comes so close on the heels of our acquisition of Grey Island is truly a gift, and one that promises to keep on giving. With Grey Island, we're consolidating our position in the Canadian government space as the leading provider of specialized fleet management solutions. We know that what has made us successful in Canada with cities like the City of Quebec will also do the same for us in the U.S., as we aggressively pursue other government opportunities there and in other parts of the world."
Brian Boychuk, Executive Vice President, Business Development and Marketing, Grey Island Systems, said, "For this project, the City of Quebec embarked on a rigorous evaluation process with very clearly defined requirements. Their choice of our InterFleet solution speaks to our ability to meet those demands and those of other cities that require highly effective winter fleet management systems. We've been working in Quebec for a number of years now, and are very pleased with the progress we've made, due in large part to the help of local partners and the confidence that municipalities of all sizes have shown in our products and services."
This latest sale underscores WebTech Wireless' commitment to providing custom made solutions for a variety of organizations that depend on efficient and effective mobile resource management.
About WebTech Wireless Inc.
WebTech Wireless Inc. (TSX: WEW) is a global telematics and location-based services provider that develops, manufactures and delivers end-to-end wireless solutions designed to improve the productivity, profitability and safety of vehicle fleets. WebTech Wireless products and services run on GPS and cellular networks and provide Automatic Vehicle Location, Mapping, Reporting, Vehicle Diagnostics, Driver Status, In-vehicle Telemetry and Navigation and Messaging. The Company delivers products and services in over forty-one countries to a variety of small, medium and Fortune 500 companies, with a particular focus on the transport, service delivery, government and automotive markets. For more information, please visit webtechwireless.com.
Forward Looking Statements
This press release contains forward-looking statements involving risks and uncertainties pertaining to, but not limited to product plans, timing, content, and pricing of products, market and industry expectations, the wireless communications industry, the mobile fleet industry, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this press release, WebTech Wireless cannot guarantee that any forward looking statements will be realized.
Trademarks are the property of their owners.
The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts: WebTech Wireless Inc. - Press and Media Eric Wilson +1 778.370.9609 press@webtechwireless.com WebTech Wireless Inc. - Investor Relations R. Joe Dhami +1 877.811.4518 ext 462 ir@webtechwireless.com webtechwireless.com
SOURCE: WebTech Wireless Inc.
mailto:press@webtechwireless.com mailto:ir@webtechwireless.com
Tags: acquisition automotive business canada cellular ceo communications contract executive government local manufacturer market marketing media pilot politics president products quebec rates wireless
Companies: WebTech Wireless Inc (WEW), WebTech Wireless Inc (WEWWF)
WebTech Wireless Announces Significant InterFleet Contract With the City of Quebec's Public Works
VANCOUVER, BRITISH COLUMBIA, Oct 29, 2009 (Marketwire via COMTEX) --
WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle location-based and fleet telematics services, announces that through its recent acquisition of Grey Island Systems and its subsidiary InterFleet(R), it has entered into a contract with the Ville de Quebec (City of Quebec), worth a potential $2.78 million over three phases. The contract involves outfitting the city's public works fleet with the InterFleet(R) fleet management solution, focusing initially on its snowplow and salt spreader vehicles used for critical winter maintenance work. The City of Quebec operates one of Canada's largest winter maintenance fleets.
The first of the three phases of the contract, worth approximately $900K, involves a pilot implementation of an in-house InterFleet(R) management system with specialized winter maintenance features and reporting functions, and equipping 114 vehicles with GPS Mobile Data Units (MDUs). In addition to vehicle location, these units monitor numerous vehicle functions such as mileage, fuel consumption, engine RPMs and engine fault codes. Additionally, on snowplows and spreaders, they are able to monitor salt spreading rates and plow functions. The pilot phase is expected to be completed in March 2010, followed by the project's second phase, which would equip the remaining fleet of approximately 351 vehicles with MDUs, to be completed by December 2010. A third and optional phase could include the equipping of an additional 1,235 city vehicles with MDUs.
Commenting on the sale, Anwar Sukkarie, President & CEO of WebTech Wireless, said, "The fact that this contract comes so close on the heels of our acquisition of Grey Island is truly a gift, and one that promises to keep on giving. With Grey Island, we're consolidating our position in the Canadian government space as the leading provider of specialized fleet management solutions. We know that what has made us successful in Canada with cities like the City of Quebec will also do the same for us in the U.S., as we aggressively pursue other government opportunities there and in other parts of the world."
Brian Boychuk, Executive Vice President, Business Development and Marketing, Grey Island Systems, said, "For this project, the City of Quebec embarked on a rigorous evaluation process with very clearly defined requirements. Their choice of our InterFleet solution speaks to our ability to meet those demands and those of other cities that require highly effective winter fleet management systems. We've been working in Quebec for a number of years now, and are very pleased with the progress we've made, due in large part to the help of local partners and the confidence that municipalities of all sizes have shown in our products and services."
This latest sale underscores WebTech Wireless' commitment to providing custom made solutions for a variety of organizations that depend on efficient and effective mobile resource management.
About WebTech Wireless Inc.
WebTech Wireless Inc. (TSX:WEW) is a global telematics and location-based services provider that develops, manufactures and delivers end-to-end wireless solutions designed to improve the productivity, profitability and safety of vehicle fleets. WebTech Wireless products and services run on GPS and cellular networks and provide Automatic Vehicle Location, Mapping, Reporting, Vehicle Diagnostics, Driver Status, In-vehicle Telemetry and Navigation and Messaging. The Company delivers products and services in over forty-one countries to a variety of small, medium and Fortune 500 companies, with a particular focus on the transport, service delivery, government and automotive markets. For more information, please visit webtechwireless.com.
Forward Looking Statements
This press release contains forward-looking statements involving risks and uncertainties pertaining to, but not limited to product plans, timing, content, and pricing of products, market and industry expectations, the wireless communications industry, the mobile fleet industry, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this press release, WebTech Wireless cannot guarantee that any forward looking statements will be realized.
Trademarks are the property of their owners.
SOURCE: WebTech Wireless Inc.
WebTech Wireless Inc. - Press and Media Eric Wilson +1 778.370.9609 press@webtechwireless.com WebTech Wireless Inc. - Investor Relations R. Joe Dhami +1 877.811.4518 ext 462 ir@webtechwireless.com webtechwireless.com
Tags: acquisition automotive business canada cellular ceo communications contract executive government local manufacturer market marketing pilot politics president products quebec rates wireless
Companies: WebTech Wireless Inc (WEW), WebTech Wireless Inc (WEWWF)
Web Sites
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Squarell Technology, CANbus, J1708, OBD: Monitoring solutions
the Squarell CANbus interface connects via a RS232 cable to the unit. With one cable for CANbus and power supply the unit Connects in a few minutes into the vehicle. The solution can be the basis for further development.
WebTech Wireless Announces Best Quarter Ever | Wireless IQ
WebTech Experiences Sales of $2.79M and Net Income of $329,000 WebTech Wireless Inc., a company in Telematics location-based services, today reported results for the second quarter ended... Sorry, this is an archived news story. You need to be a paid subscriber to view this page.
T-Net: Employment
Search Results Date Posted Company Name Job Title 1 - 10 of 10 results New Search date title company Dec 1, 2006 Project Manager (ref # 6008) WebTech Wireless Inc. Dec 1, 2006 Regional Channel Manager (Canada Central) (ref # 6005) WebTech Wireless Inc. Dec 1, 2006 Junior Windows Mobile / CE
http://www.bctechnology.com/scripts/company.cfm?company=webtech
GlobeTrac Inc. Renegotiating with WebTech Wireless
LONDON--(BUSINESS WIRE)--Nov. 10, 2004--GlobeTrac Inc. (OTCBB:GBTR - News), is currently in the process of negotiating with WebTech Wireless Inc. for the termination of the Master Distributorship Agreement and for the restructuring of an ongoing business relationship with WebTech.
http://www.stepstrategy.net/artman/publish/printer_478.shtml
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WebTech Wireless Incorporated Company Details
www.zibb.com
WebTech Wireless Inc.: WebTech Wireless Announces the Pending Resignation of Cameron Fraser From Its Board of Directors www.marketwire.com. VANCOUVER, BRITISH COLUMBIA--(Marketwire ...
http://www.zibb.com/all/theme/cq/WebTech%20Wireless%20Incorporated
DRIVING THE FUTURE OF LOCATION-BASED SERVICES AND TELEMATICS
www.webtechwireless.com
WebTech Wireless: A Pioneer and Market Leader in Telematics WebTech Wireless ™ , incorporated in 1999, has evolved into the world's most experienced and trusted supplier of ...
http://www.webtechwireless.com/data/content/files/file/WebTech_Corp2009.pdf
Automotive Industry Green Issues from the Automotive Industry
www.zibb.com
Wal-Mart Stores Incorporated (80) Waste Management Incorporated (59) WebTech Wireless Incorporated (27) Yahoo! Incorporated (6,384)
http://www.zibb.com/automotive/hot-topic/automotive-industry-green-issues
Automobiles Results from the Automotive Industry - Zibb.co.uk
www.zibb.co.uk
WebTech Wireless Incorporated (5) Western Digital Corporation (72) Williams-Sonoma Incorporated (133) Winnebago Industries Incorporated (1) Xerox Corporation (76)
http://www.zibb.co.uk/automotive/interstitial/all/Automotive_Automobiles
News from Zibb.com
- WebTech Wireless Announces Adoption of US Dollar Reporting and Schedules Q3 Conference Call -
- WebTech Wireless Announces Adoption of US Dollar Reporting and Schedules Q3 Conference Call -
- WebTech Wireless Announces Significant InterFleet Contract With the City of Quebec's Public Works
- WebTech Wireless Announces Significant InterFleet Contract With the City of Quebec's Public Works