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Press Release

 XACT Technology navigates personal tracking market with GPS receiver technology from u-blox

XACT|TRAX personal tracking device equipped with u-blox 5 positioning

trax.jpgNew York City, NY, US – January 9, 2009 –  u-blox, developer of advanced GPS location and tracking technologies for commercial and consumer applications, has been selected to supply XACT Technology, LLC with high-performance GPS receiver modules for its new line of portable personal tracking devices called XACT|TRAX.

Introduced this week at the 2009 International Consumer Electronics Show in Las Vegas, the innovative XACT|TRAX personal tracker provides users with up-to-the-minute information on the location of loved ones, pets, vehicles and other assets – wherever they may be. Follow-on products in the XACT|TRAX line will include tracking solutions for laptop computers, giving users both navigation capability and a means of recovery if the computer is lost or stolen.

“XACT’s ability to create an easy and affordable tracking device meets a very large market need. By incorporating our unique positioning and location technology, the XACT|TRAX operates with the highest degree of certainty and speed,” noted Nikolaos Papadopoulos, President of u-blox America. “The powerful, 50-channel u-blox 5 positioning engine will allow XACT’s tracking devices to determine precise location, anywhere in the world, giving users unparalleled location awareness and peace of mind.”

The u-blox 5 positioning engine incorporates a variety of features to speed up the time needed to acquire satellite signals and calculate position location. Additionally, the receiver has been engineered to operate in weak signal environments, such as urban canyons and parking structures. The result is the fastest first fix and the ability to perform effectively in the most challenging signal environments.

“XACT Technology is in the business of providing consumers with the very best in electronics and technology,” says Anthony Antolino, Senior Vice President of XACT Technology. “When it comes to locating people’s most prized possessions, we made sure to build our personal tracking devices with the most advanced and reliable GPS positioning component. The u-blox GPS solution gives us the accuracy, dependability and robustness necessary to be sure our products work everywhere our customers need them to.”

About XACT Technology

XACT Technology, LLC (XACT) is a full-service provider of groundbreaking consumer electronics products with a seamless, vertically integrated infrastructure that was created to manage the product supply chain from design planning to consumer purchase – including development, manufacturing, distribution, marketing, merchandising, sales and customer support. Visit www.xacttechnology.com for more details.

About u-blox

u-blox is a fabless semiconductor positioning solutions provider for the automotive, mobile communications and infrastructure markets. u-blox develops chips and complete modules based on the Global Navigation Satellite Systems (GNSS) including GPS and GALILEO. Founded in 1997 and headquartered in Switzerland, the u-blox group is listed on the SIX Swiss Exchange and has offices in the USA, in Singapore, Hong Kong, China, Taiwan, Korea and Japan. For more information, please visit www.u-blox.com.

About u-blox 5

u-blox 5 features the –160 dBm SuperSense® Indoor GPS tracking technology for reliable performance in harsh signal environments such as parking lots and dense urban environments. The 50-channel positioning engine boasts the KickStart technology that allows a Time-To-First-Fix of under 1 second. The dedicated acquisition engine, with over 1 million correlators, is capable of massive parallel time/frequency space searches, enabling it to find satellites instantly. Innovative design and technology suppresses jamming sources and mitigates multipath effects, giving u-blox 5 GPS receivers excellent navigation performance even in the most challenging environments.

XACT Technology contact

Anthony Antolino, Senior Vice President, XACT Technology
Phone: +1 (212) 448-7636, email: aantolino@xacttechnology.com

u-blox contacts

Gitte Jensen, Corporate Communications Manager
Phone: +41 (44) 722 74 86, e-mail: gitte.jensen@u-blox.com

Nikolaos Papadopoulos, President u-blox America, Inc.
Phone: +1 (703) 483 3184, e-mail: nikolaos.papadopoulos@u-blox.com