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2-Track Global Inc. Announces Contract With Low Earth Orbit Satellite Provider OrbComm Asia Limited

Posted on: Thursday, 30 June 2005, 12:00 CDT

2-Track Global Inc. today announced that it has entered into commercial contract with OrbComm Asia Limited, the satellite data communications company that offers data communication and transmission services via its satellite subscriber communications and low earth orbit satellites. Under the terms of the contract 2-Track has been appointed as an exclusive partner in Korea and has been designated a preferred partner in any other territory in which OrbComm is operational. The agreement also provides for important joint marketing and promotion initiatives to promote the 2-Track prisms technology.

Mike Jung, President of 2-Track Global commented "This is an extremely big milestone for the company. We have cemented our existing relationships with OrbComm and will now be working with them to exploit and sell the 2-Track technology in Asia. Under the terms of the arrangement we are also able to call upon the vast technical expertise of OrbComm to assist in our ongoing development and configuration of the prisms system. By securing exclusive status in Korea we believe this puts us in a prime position to launch our products into the Korean market."

Mr Brian Ahn of OrbComm commented "We are pleased to be able to enter into this arrangement with 2 Track. The market for data transmission and information is growing rapidly and we are convinced that 2-Track will be able to assist us in increasing our number of subscriber connections and data traffic revenue by exploiting the current international demand for ship and container security."

About OrbComm Asia Limited

OrbComm is a satellite data communications company that providers innovative satellite communication services at down to earth prices. The OrbComm system uses low earth orbit (LEO) satellites to provide cost-effective tracking, monitoring and messaging capabilities to and from anywhere in the world. OrbComm have proven solutions in a multitude of industries including trucking, marine, aviation, automotive, heavy equipment and utilities.

2-Track Global Inc. (TOTG) is a technology development and marketing company which owns, operates and licences proprietary telematics solutions combining hardware and software applications run over wireless or satellite networks to deliver remote security management of marine and cargo fleets (including consumer solutions aimed at the leisure, marine and domestic security markets) and commercial vehicle plant and machinery management and security. The company has communications architecture and technology which provides global logistics solutions for the remote monitoring of freight containers over multiple transport mores.

For further information contact:

Jay Shin at: +44 207 644 0472 or visit the website at: http://www.2-track.com

This press release includes certain statements, known as "forward-looking statements", which express the current expectations of 2-Track Global management. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect 2-Track Global Inc and its subsidiary businesses and prospects and cause actual results to differ materially from these forward-looking statements. Unanticipated product manufacturing and delivery issues, customer order push-outs or cancellations and product performance could cause actual results to differ materially from those current anticipated as expressed in this press release. These risks and other risk factors relating to 2-Track Global Inc are described more fully in the most recent Form 8-K filed by 2-Track Global Inc and other filings from time to time with the Securities and Exchange Commission.

Source: Business Wire

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