- Thursday October 2nd, 2008
- Location Based Technologies Receives Initial Purchase Order for PetFinder Devices from TagWorks
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ANAHEIM, Calif.--(BUSINESS WIRE)--Location Based Technologies, Inc. (OTCBB:LBAS - News), a leading-edge family service provider of personal and pet locator devices and services, today announced it has signed its first purchase
order for $3.7M with TagWorks for PetFinder® devices to be delivered January, 2009.
“By partnering with TagWorks, we secure a distribution relationship with a proven provider of leading edge pet related technology,” said Dave Morse, CEO of Location Based Technologies. “We are committed to bringing the best
wireless products and experiences to U.S. customers and truly believe that PetFinder is a breakthrough product that will change the way families stay connected with their pets.”
The PocketFinder® and PetFinder family of products uses advanced technology to help families and their pets stay connected. The smallest known single-board GSM/GPS device easily fits onto the pet’s collar and can be accessed via
the Internet, cell phone or landline to show its exact location in real time. In addition, the devices include several advanced features, such as allowing users to designate customizable alert areas as electronic “fences” to notify
them when a pet leaves or enters a specified area or checking the 30 day history to assess your pets exercise regimen and wanderings.
About TagWorks
TagWorks, LLC was co-founded in 2007 by its Chairman Richard McWilliam, a well-known sport and entertainment industry entrepreneur, who is also Chairman of The Upper Deck Company located in Carlsbad,
California. TagWorks, a Tempe, Arizona-based company was established to market innovative pet products based on a patent pending laser kiosk approach that engraves designer pet tags.
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