105 Madison Avenue
New York, NY 10016





Press Release

Xact Technology Unveils TuFF Trax

New asset tracking and monitoring device integrates hardware and software with network access and data-management portal for a low-cost, ready-to-deploy solution

New York, New York - May 12, 2012 - Xact Technology, LLC, a solutions provider for the GPS tracking, LBS, and M2M industries, announced today the launch of the latest addition to its OpenM2M family of products — TuFF Trax, an integrated, end-to-end tracking and monitoring solution ideal for a wide range of embedded telematics applications.

TuFF Trax breaks new ground by integrating hardware and software with network access and data-management portals while offering an open architecture and an open-source software base for building customized LBS and M2M solutions.

TuFF Trax is engineered for unparalleled accuracy and reliability. Building on the features of the Xact Development Board, TuFF Trax adds a daughterboard with a regulated power supply, buffered and level-shifted I/O, additional serial ports, a wiring harness, and connectors (including a JTAG debug/diagnostic connector). Designed with the most demanding environments in mind, TuFF Trax features an IP69K housing, 12/24V power input for wide range of installations, and is made in America for unrivaled engineering quality.

Xact Technology offers OpenM2M, an open-architecture ecosystem of hardware, software, data network and portal offerings, combined to offer end-to-end M2M solutions.  The centerpiece of OpenM2M is the Xact Development Board — a powerful hardware platform that integrates a high-performance and flexible processor, GSM transceiver, GPS engine, PTCRB and FCC certifications, and plenty of expansion ports to allow customers to add their own sensors.

"Xact's value proposition is offering customizable, robust, cost-effective solutions for M2M applications", said Anthony Protopsaltis, Xact Technology’s Director of Product Development. "And TuFF Trax is a perfect example — with its versatility, low cost, and top quality and reliability."

"The Xact Tuff Trax is a result of a joint marketing and product development effort between Xact and LHP Telematics," said Travis Jones, CTO of LHP Telematics. "The Xact Tuff Trax is a perfect fit for customers who want to add telematics to their heavy duty products without a CAN bus interface.  Early on we recognized that a robust telematics control unit at an affordable price would rapidly expand the M2M market in heavy equipment fleets."

TuFF Trax joins Xact Trax, a prepackaged portable GPS tracking device, in Xact's fast-growing hardware product line. Tuff Trax will be available in Q2 2012, with a MSRP of $299.99. Xact Technology will be exhibiting at CTIA Wireless 2012 which is being held at the Ernest N. Morial Convention Center in New Orleans, LA on May 8 - 10, 2012. Come visit us at booth 3752

About Xact Technology, LLC
Xact Technology is a solutions provider for the GPS tracking, LBS, and M2M industries.  Xact Technology enables wireless innovation by integrating best-in-class hardware, open software, tier-1 network connectivity, and a choice of data management tools to reduce the complexity, cost, and time required to bring new M2M applications to market.  Xact Technology is based in New York City and is a portfolio company of DMC Capital Funding.  visit www.xacttechnology.com.

About DMC Capital Funding, LLC
DMC Capital Funding is a privately held growth equity firm, serving companies in the consumer and enterprise technology sectors. Beyond capital, DMC Capital Funding brings to its investments wide-ranging experience, deep industry expertise, and an assortment of value-added business services. Founded on a 50-year heritage in technology, product development, marketing, sales, and financing, DMC Capital Funding makes private equity investments work better.  DMC Capital Funding is a part of the DMC group of companies. For more information, call 212.779.8400 or visit www.dmccapitalfunding.com.

Press Contact: Anthony Protopsaltis |Director of Product Development, Xact Technology
Office: +1 (212) 448-7676, email: aprotopsaltis@xacttechnology.com | http://www.xacttechnology.com