SPYR (OTCQB: SPYR), a diversified technology company developing products leveraging the Internet of Things (“IoT”) for consumer use and large-scale applications and industries, and its subsidiary GeoTraq, are continuing the development of the revolutionary GeoTraq Micro-Tracker(TM) Modem. A leading provider of cutting-edge tracking solutions, GeoTraq has announced revolutionary new location tracking technology, which establishes “a new benchmark in asset tracking and surpassing traditional methods,” the company stated. The groundbreaking solution revolutionizes how assets are monitored and managed across various industries, including logistics, transportation, supply chain management, healthcare and asset management. The new tech delivers an array of benefits, from optimizing delivery routes to ensuring efficient inventory management, that enable companies to unlock growth opportunities and gain a competitive edge in their respective spaces.
According to the announcement, the location tracking technology uses the power of IoT combined with advanced cellular networks to provide key location data for an array of assets, from vehicles and equipment to merchandise and more. GeoTraq’s location tracking technology offers several powerful advantages compared to traditional tracking methods including unparalleled precision, global connectivity, real-time insights, easy integration and extended battery life. “Our location tracking technology represents a significant leap forward in asset tracking capabilities,” said GeoTraq CEO Tim Matula in the press release. “GeoTraq is committed to providing businesses with a powerful solution that surpasses the limitations of traditional tracking methods. By empowering organizations to monitor their assets with precision and ease, we enable them to optimize operations, streamline processes, and enhance customer experiences.”
To view the full press release, visit https://ibn.fm/jClSS
About SPYR Inc.
SPYR Technologies is a technology company focused on the Internet of Things (“IoT”). Through its GeoTraq business, SPYR develops and manufactures fully self-contained, ultra-small mobile IoT modules, including Tracker-M modules for asset tracking and location-based services, and Sensor-M modules for remote monitoring. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (“AI”) and smart-technology products. For more information about this company, visit https://ir.spyr.com or www.GeoTraq.com.
NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR
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