SPYR (OTCQB: SPYR) subsidiary GeoTraq has chosen a manufacturing partner to build its patented modem technology. GeoTraq is preparing to launch the world’s smallest, low-power, low-cost tracking modems, and as part of that process, the company is identifying essential ecosystem partners required to complete the launch; the company has selected Asiatelco Technologies Co. to serve fill the manufacturing need. Asiatelco Technologies has offices in the United States and Asia and is well-known globally in the wireless industry for its wireless terminal products, smart home appliances, and smart IoT applications as well as security and vehicle safety devices such as dashcams and control panels. GeoTraq is a mobile IoT module manufacturer and connectivity provider, specializing in offering asset tracking and remote monitoring through mobile IoT modules with global connectivity. GeoTraq technology is designed to streamline business processes and increase operational efficiency to drive ROI and solve real business challenges. “We are pleased to announce that we have selected Asiatelco Technologies Co. as our manufacturing partner,” said GeoTraq chief technology officer Pierre Parent in the press release. “We need a flexible production partner with a solid track record of delivering durable, high-quality devices and are pleased to have this important partner in Asiatelco.”
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About SPYR Inc.
SPYR Technologies is a technology company focused on IoT, or the Internet of Things. Through its subsidiary Applied Magix Inc., SPYR develops and resells Apple(R) ecosystem-compatible products with an emphasis on the growing multibillion-dollar IoT smart-home and connected-car markets. Through its GeoTraq business, SPYR develops and manufactures fully self-contained, ultrasmall mobile Internet of Things (“IoT”) modules including Trackertracker-M modules for asset tracking and location-based services and Sensorsensor-M modules used for remote monitoring. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (“AI”) and smart-technology products. For more information about this company, visit https://ir.spyr.com.
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