To expand on what this means to the marketplace, Navicom will begin attending a series of events across the country to promote and tout the benefits of the Navicom product set. With this product launch, Navicom will feature its flagship device the Navitraq VI (EGPRS) unit.

"The Navitraq VI (EGPRS) unit will quickly replace and dominate the current analog Microburst product that 90% of today's GPS providers utilize. Carriers will have completely phased out their analog network by 2007 and continue to pour millions of dollars into the digital EGPRS infrastructure", said Keith Tench, President of Navicom.. "Our product will be able to utilize all available Digital EGPRS platforms and because of the relationship we have secured, we are not carrier-specific. This is an enormous edge for our product since we will be able to utilize multiple carriers' networks nationwide providing a much more robust coverage area than analog."

The company will continue to offer a Microburst (analog) Navitraq V unit to fill customer demands but will begin a focused shift away from that product set. The market differentiator will be in the digital unit with regards to its feature-functionality, coverage and price advantage.

"GPS technology has been around for 30 years; we did not invent it, we are simply manufacturing a product that utilizes this technology combined with our own state-of-the-art servers and software platform to capitalize on a marketplace that is exploding and becoming mainstream," said John Pappas, Executive VP of Business Development.

"In addition, since our manufacturer does not sell or reproduce this product to any other GPS provider in the United States, it's an advantage to us to have them as a vital business partner who has a vested interest in Navicom's success."

Integration Benefits for Enterprise Customers

Navitraq VI Functionality: The ability to deliver a vast array of data at one time at a reasonable cost is a key element of the product. With 30 I/Os continually transferring data, the feature set for application-based services is virtually limitless.

Technology Curve: The Navitraq VI draws such a low amount of power supply that the lithium ion (built-in) back-up battery can run for close to a month without a power source to recharge it. It also allows the unit to be installed on vehicles that require an extremely low amount of power draw, e.g.: motorcycles, quads, snowmobiles and various types of portable heavy equipment. The unit by far has the lowest power draw in the industry.

Provisioning Custom Applications: The unit is fully OTA (Over the Air Programmable). Not only can you change feature sets without having to remove/install the unit, you can also send commands to the unit verifying its accuracy and troubleshooting potential problems.

Hardware Capabilities: Navicom has dual HP servers with mirror dist back- up combined with redundant direct access internet connections (2-100mg connections) back-up and control servers based on the East Coast. Database server is a multi-CPU SQL database for storage of all subscriber, device, activity and financial information.

The servers are owned by Navicom and the applications and software designed by the Navicom development team are fully capable of integrating with legacy systems worldwide. At launch, the q network and servers will support 100,000 users and 250,000 transactions per month, both of which are scalable if needed.

"As we continue our transformation to a Tier I provider, it's clear that we are not just re-branding someone else's product and running it on their backend server. Our goal from day one was to move away from that model as fast as possible. The Navitraq V and VI is our product, running on our software platform that we developed to support the various applications, running on our backend hardware.

"We have direct business relationships with the satellite mapping services provider, the notifications software provider and wireless carriers which our device will operate on. This enormous step forward for Navicom Inc. represents the fundamental change that we have been anticipating for the last six months," said Tench.

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