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SkyBitz Overview

Based just outside of Washington, D.C., SkyBitz is the leading remote asset tracking and information management service provider, specializing in real‐time decision-making tools for companies with unpowered assets such as tractor-trailers, intermodal containers, rail cars, power generators, heavy equipment and other assets. SkyBitz´s asset tracking solution is delivered to commercial, transportation, military and public safety customers, including sensitive shipment haulers of Arms, Ammunition and Explosives (AA&E) cargos.

The SkyBitz GLS technology is the best in the industry and excels in power efficiency, accuracy and reliability. This has enabled SkyBitz to acquire the largest market share of trailer and asset tracking in the U.S. and Canada. Founded in 1992 and commercially operated since 2002, SkyBitz has gained valuable operational experience with over 800 large public, private and public safety customers and hundreds of thousands of assets tracked on a daily basis.

SkyBitz leveraged funding from DARPA (Defense Advanced Research Projects Agency) to develop its patented Global Locating System (GLS) and an efficient satellite communications protocol. This protocol provides a more secure platform than traditional GPS and satellite communications solutions. The result is a product that excels in power efficiency, accuracy and reliability.

To save battery power and manage resources more effectively, the SkyBitz GLS‐based communicator provides the position of an asset through the computing power of the SkyBitz Data Center, rather than in the device. Other providers utilize traditional GPS chipset‐based communicators, which are not well-suited for installation on assets that remain untethered and unpowered for long periods due to inefficient power consumption. One of the major benefits of a SkyBitz GLS-based Mobile Terminal is that in a standard configuration the device can last for several years on the same AA batteries.

Outside of the GLS solution, SkyBitz offers a variety of other asset tracking solutions based on a comprehensive portfolio of GPS units and sensors. SkyBitz solutions operate over a diversified communications network, ranging from Low Earth Orbit and geostationary satellite systems and GSM/GPRS networks.

Based on its recent successes, SkyBitz was named in a transition success report by DARPA documenting how SkyBitz successfully launched DARPA‐funded technology into private, government and international markets; a rare accolade by DARPA. Frost & Sullivan awarded SkyBitz the 2008 Product Innovation Award in the North American regional fleet telematics market. SkyBitz has also been selected among Deloitte’s 50 fastest growing technology companies in Virginia (2007, 2008) and among Deloitte’s 500 fastest growing technology companies in the USA.

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