Market Pulse Breaking News Alert for Thursday, September 30, 2004: AOCP - Navicom Wireless GPS Receives Significant Orders of 350 Units in the Past Week; Orders Increase Current Active Units by 35%!
Market Wire, September, 2004
Market Pulse News Alert for this AM, Stocks to Watch are: Automotive Capital Group, Inc. (OTC: AOCP), Sirius Satellite Radio Inc. (NASDAQ: SIRI), KLA Tencor Corp. (NASDAQ: KLAC) and Angiotech Pharmaceuticals Inc. (NASDAQ: ANPI).
Investors need to be watching Automotive Capital Group, Inc. (OTC: AOCP) this AM! Automotive Capital Group is an automotive holding company. Automotive Capital Group's Navicom is the market leader of wireless security/anti theft solutions using Global Positioning System (GPS) technology for automobile, motorcycle, motor-home, and trucking companies. Navicom GPS will offer finance companies asset collateral monitoring devices for the $25 billion dollar sub-prime automobile market. Automotive Capital has had several excellent news announcements out lately and one again this AM before today's opening bell! Investors need to be watching this one closely!
Automotive Capital Group, Inc. (OTC: AOCP) today announced that wholly owned subsidiary Navicom has received orders for over 350 mobile location wireless GPS units (MLU) in the past week. These orders are from new and existing customers and increase current active units by 35%. Orders include the wireless GPS units and then customers are billed by Navicom a monthly reoccurring charge for service that works in 98% of the U.S., Canada and Mexico.
"We are starting to see significant interest in our GPS products. What is even more encouraging are diversified uses for Navicom including personal, corporate and Government," said Scott Miller, CEO of Automotive Capital Group, Inc. "We provide an extremely competitive, user-friendly and Internet-based product that has a significant range of 98% of the U.S., Canada and Mexico. We feel our company is in the right space as the GPS market is still in its infancy," continued Miller.
Navicom units sell for about $320.00 and monthly service plans start at $9.99. "Most successful business models have reoccurring service charges. Navicom's service plans are billed monthly so this is not a one-time sale," said Miller. Applications of Navicom are used from personal security on vehicles and motorcycles to homeland security with portable wireless battery powered devices. Unlike GPS systems with limited capability, Navicom services include automobile/asset tracking, auto disable/enable capability through the Internet, geo-fence boundary notification and point/click auto repossession, speed notifications, unlock doors, panic button, and many other options. The Navicom Company's website is http://www.NOWGPS.com.
Automotive Capital Group, Inc. also announced that Navicom wireless GPS technology will be included in the inaugural issue of "Homeland Security - 2004," the official publication of the Homeland Security Industry and U.S. Department of Homeland Security. Navicom, a new member of the HSIA, is being invited to attend their bi-monthly meetings. It is during these meetings that all Requests for Proposals (RFPs) and Requests for Information (RFIs) from all 22 Department of Homeland Security (DHS) agencies are distributed to the participating membership. HSIA membership includes many of the top Homeland Security and Defense Contractors such as Lockheed Martin, Raytheon, General Dynamics, Lakeland Industries, Markland Technologies, ADT, and Caterpillar Inc. "We are looking forward to demonstrating our products and services to companies that are seeking GPS solutions," said Scott Miller.
Stocks acting well in early trading include: Sirius Satellite Radio Inc. (NASDAQ: SIRI), KLA Tencor Corp. (NASDAQ: KLAC) and Angiotech Pharmaceuticals Inc. (NASDAQ: ANPI).
Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.
MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions


