News | November 11, 2008

Universal Tracking Solutions Announces Commencement Of Trading

PHOENIX --(Business Wire)--Universal Tracking Solutions (OTCBB: UTRK) is pleased to announce that it has begun trading under the ticker symbol UTRK. The company's current share structure is 14,143,601 total shares outstanding with 1,726,003 shares free trading.

Universal Tracking Solutions was created in August 2006. Since that time the company has had 8 consecutive quarters of record revenues. Financials for the period ending 9-30-08 will be released on Thursday, November 13.

UTS is a nationwide leader in GPS Fleet Management Solutions providing one of the most comprehensive fleet management systems available today. The Company has created an enhanced 3D application which has been developed specifically for organizations wishing to keep the application running all day, for instance in a call center or for a dispatcher. Users can tilt and rotate the map to gain a better perspective of the vehicles' position. Furthermore, the user can play back the routes taken of a vehicle much like an animated movie showing stops, speeds, direction and more. The user also has the option of selecting 3 different mapping vendors, Google, Yahoo and Virtual Earth by Microsoft. All 3 options come with Arial, Hybrid and traditional views.

Motorola Enterprise Mobility recently ran a study across 255 North American IT and Telecom decision makers and had the following results:

  • Field Mobility workers recover approximately 54 minutes of downtime per day when their organization utilizes GPS solutions. This equates to average annual recouped labor costs of $5,484 per employee
  • GPS enabled field forces drive an average of 231.2 FEWER miles per week netting approximately $51,582 in annual fuel savings

Please visit our website at www.universaltrackingsolutions.com to see more of our latest enhancements, investor relations information, and information about our company.

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

UTS is dedicated to increasing shareholder value and investor awareness. If you have any further questions or comments, we would be happy to speak with you further.

Universal Tracking Solutions Keith Tench, CEO, 602-290-9911 ir@utsgps.com

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