Freight Security Net Launches FSNtracks

03/28/2006

Freight Security Net, a subsidiary of international logistics security agency FreightWatch Group (FWG), has launched its covert cargo tracking service after extensive trials in the United States with leading Fortune 500 manufacturers.

FSNtracks is a secure, web-based service that electronically extends FreightWatch logistics security coverage by monitoring high-value consumer products while they are being delivered to distributors and resellers. In-transit cargo theft, estimated to be greater than $20 Billion per year in the United States, is a growing problem. It is too costly to always escort high-value loads with security officers. The FSNtracks solution makes driver compliance monitoring and cargo tracking much more affordable by replacing human resources with low cost, portable, electronic tracking devices.

"FSNtracks is the first cargo tracking service based on Assisted-GPS tracking technology," said Bill Games, President of Freight Security Net. "When hidden in product boxes, antenna-less package trackers are very hard to defeat. Professional cargo thieves are inclined to go elsewhere when they learn that high-value cargo is being routinely monitored by FSNtracks."

FSNtracks monitors the location of small, battery-powered Assisted-GPS tracking devices that are placed covertly within individual packages in a shipment. With no visible antennas, these devices are easily hidden from criminal view. Using a leading Assisted-GPS technology, these tracking devices provide accurate location information even in impaired conditions—such as in sealed boxes and trailers. From FSNtracks' web-based console, companies can monitor the location of the tracking devices, observe driver route compliance behavior, and quickly respond to criminal attacks when they occur. The FSNtracks service uses high-quality map data and displays the positions of tracking devices with markers that move as the tracking devices change location. Companies can also use FSNtracks to electronically geofence transit routes for transport vehicles, setting the boundaries within which it is safe and acceptable to drive.

"FSNtracks is a cost-effective theft deterrent and recovery tool. When combined with FreightWatch Group's Risk Management Officer service, clients typically experience dramatic reductions in cargo theft," said Bill Games.

About Freight Security Net
Freight Security Net (FSN), a subsidiary of FreightWatch Group (FWG), was founded in 2005 to integrate technology into the existing service offerings of the global operations of FWG. Evolving towards a technology-centric business model for FWG means integrating the latest technology—including GPS-location, digital video, wireless communications, and automated information processing technologies—into what were traditionally paper-based, manual security processes. Using technology, FSN's mission is to provide extended reach for FWG's security services while lowering service unit costs for clients.

About FreightWatch Group
FreightWatch Group (FWG), an international logistics security agency, is expert in identifying threats and vulnerabilities to high-value supply and distribution chains. FWG develops and implements custom loss-reduction programs that protect the products of large manufacturers, third-party logistics service providers, and their insurers. Specifically, FWG tightens security for at-risk cargo such as electronics, computers, tobacco, alcohol, pharmaceuticals, fashion apparel, and cash. With operations in nine countries, FreightWatch Group is uniquely positioned to deliver both regionally and globally.

Contact:
Bill Games
President
(512) 329-0292
Email