Located in Irvine, California, Location Based Technologies has quickly earned a reputation as a designer and developer of leading-edge personal, pet and asset GPS locator devices and services that incorporate state-of-the-art patented technology. Today, Location Based Technologies took a major step towards prominence with the announcement its first volume production PocketFinder devices will be manufactured at the San Jose, California facility of Jabil Circuit, Inc. (NYSE: JBL).
Jabil is an electronics solutions company that is well known on Wall Street and adds an incredible amount of credibility to Location Based Technologies. In reference to the partnership with Jabil Circuit, Dave Morse whom serves as the CEO of Location Based Technologies stated, “This is the beginning of a very exciting time for the growth of the company and for our customers. Within the next few months we will deliver top quality, market ready devices to our retail launch partners as well as to Tier 1 telecom carriers that have expressed distribution interest in our versatile GPS location devices.”
PocketFinder products, combined with the young company’s soon to be enhanced applications for GPS Smartphones, are prime examples of how Location Based Technologies is shaping the future of the business sector through an array of benefits that are cutting edge.
Commenting on what impact this deal will have on Jabil Circuit, Les Pawlak whom serves as the Senior Director of the company stated, “We are looking forward to bringing global quality manufacturing and design expertise to PocketFinder’s family of products, which aligns with Jabil’s goal of focusing on growing our diversified manufacturing services business.”
Currently, Location Based Technologies is trading in the $0.41 range. The PocketFinder family of products has evolved to the forefront of their sector by helping families and businesses stay connected.
To learn more about the company as a whole, visit their corporate website at: www.locationbasedtech.com
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