ICNET, a Chennai-based telecom and software services company, and Nucleus Group have launched a vehicle locating device product targeted at the transport and travel industries.
They have signed a MoU by which ICNET will market the product in India. The MoU also provides for design and development for a new product with added special features that will be marketed globally. The product will help track mobile and valuable goods and assets using GIS, general packet radio service (GPRS) and GPS technology.
Initially, the marketing foray will be limited to Tamil Nadu, Karnataka, Andhra Pradesh, Maharashtra and New Delhi. The other features of the product include two -way voice communication, SMS and route monitoring.