For Immediate Release

17 December 2008 

WAVETREND® & TRAKKER ANNOUNCE STRATEGIC PARTNERSHIP

(SURREY, UNITED KINGDOM – December 17, 2008)  Wavetrend®, a world leader in the deployment of active RFID solutions, today announced the signing of a new, strategic partnership agreement with Trakker (Pvt.) Ltd., Pakistan’s largest vehicle tracking and fleet management service provider serving over 100,000 customers.

Driven by challenging and complex tracking and security requirements, this partnership leverages the world-class technology from Wavetrend and the largest integrator of vehicle and asset protection solutions across Pakistan and the Middle East. Through this partnership, Trakker enhances its asset management and security solutions by incorporating Wavetrend’s world leading Active RFID line of products and software. Additionally, Trakker can now offer RFID as part of their fleet management solution to existing customers, enabling not only the performance of journey management, but also the tracking of consignments in transit, and improving overall supply chain management.

After evaluating numerous global positioning, communication and RFID solutions, Trakker concluded that Wavetrend’s RFID solution provides greater tracking precision and efficiency when compared to competitor products. The multiple communication and tracking technologies that comprise Wavetrend’s GlobalEyes™ provide Trakker’s customers with the ability to customize their coverage areas to meet specific needs.

This new agreement allows Trakker access to Wavetrend’s complete portfolio of GlobalEyes™ and active RFID products and services, including the company’s access control, personnel tracking and asset management solutions.

“Trakker couldn’t have chosen a better partner than Wavetrend for extending its current GSM/GPS based tracking technology to include global satellite tracking capabilities with their GlobalEyes™ solutions,” said Omar S. Hatmi, Trakker’s Chief Operating Officer. “The Wavetrend team has delivered superior performance and has continued to demonstrate that they are a world class operation that suits our work ethic very well.”

“Trakker has proven their ability to deliver leading edge solutions in fleet, vehicle and asset security solutions over the last 10 years,” said Saleem Miyan, Wavetrend’s Chief Executive Officer. “Combining their market leadership and Wavetrend’s 10-year history in the deployment of industry leading active RFID solutions and global tracking technologies is a great match for the applications requiring these world-class solutions.” Miyan continued by saying, “We are very proud and excited about the future relationship with Trakker across Pakistan and the Middle East.”

The companies continue to work together on several customer projects, product solutions and other key developments specifically for asset tracking, security and authentication requirements in Pakistan and the Middle East.

About Trakker:
Trakker is a joint venture with DigiCore International of South Africa and has been marketing GSM/GPS products under the Ctrack brand since 1999. Trakker currently tracks over 100,000 vehicles in Pakistan, UAE, Qatar, Afghanistan and Bangladesh with plans to commence operations in Oman, Kuwait and Jordan in 2009. Trakker has the unique distinction of providing 24-hour tracking support to customers through its Call Centers and specializes in Stolen Vehicle Recovery, Fleet Management and Portfolio Management. In addition, Trakker also offers personal navigation products through the Trakker Nav brand in off-board and on-board versions. For additional information, please visit www.trakkergroup.com

About Wavetrend:
Operationally headquartered in the United Kingdom with regional offices in South Africa, Asia, and the United States, Wavetrend is a world leader in the deployment of active RFID and track-and-trace solutions. Wavetrend technology enables enhanced management of people, assets, and logistics for improved business performance while optimising customer return on investment and payback time. Through both its direct Professional Service teams and its global network of accredited application and integration partners, Wavetrend delivers a wide selection of proven, superior-performing active RFID products and track-and-trace solutions to customers around the world and supports a variety of industries including transport, automotive, defence, healthcare, aviation, and construction. For additional information, visit Wavetrend at: www.wavetrend.net

Agency Contact:
Glenda Laudisio
Eight Eleven Inc.
856.614.5456
E-mail:glaudisio@eight-eleven.com