U.S. Markets closed

iTraq Launches iTraq+, the Rechargeable, Global Location Device That Tracks Items Using Cellular and GPS Technology

iTraq+: Global Location Tracker with Wireless Charging Click here for high-resolution version

SEATTLE, WA--(Marketwired - Oct 2, 2015) - iTraq announces that its newest location tracking device, iTraq+, is receiving a great response from both consumer and business customers.

Consumers around the world are already demonstrating a strong demand for iTraq+. iTraq's second Indiegogo campaign reached its goal in just 3 days. To date, the iTraq+ has raised nearly $400,000 on Indiegogo, where 3,500 people from 79 countries have pre-ordered nearly 7,000 iTraq devices.

Early adopters of iTraq+ love the device. "iTraq provides us with a simple-to-use tool to keep track of my elderly grandfather. The setup was easy and the peace-of-mind is fantastic," says Jared Novak -- one of the first customers of iTraq.

"The fact that our product helps people to keep track of their loved ones -- this is what we are most proud of," said iTraq Founder, Roman Isakov.

Businesses all over the world also see iTraq+ as an important, money saving tool for tracking their shipments and assets. Applications range from the local tracking of assets such as beehives and construction machinery to global tracking of shipments of electronics on their journey around the world. Current pipeline of products for business solutions is over $22,000,000 for 2016.

What is iTraq+?
iTraq+ is a rechargeable, global tracking device that uses cellular towers to determine the location of items anywhere there is cellular service (GSM). When switched to Panic Mode, it can also activate its GPS module to provide more precise location information. This unique approach provides the ability to track items both inside and outside of buildings and helps extend battery life between charges. 

iTraq+ is available now for preorder through Indiegogo with expected shipping in November. For more information about iTraq, visit www.itraqtag.com

iTraq as a company is more than just a single iTraq+ device -- it is an IOT platform (www.itraq.com) for location tracking, remote telemetry and control. iTraq hardware components are available for order to any manufacturer who wants to build an IOT device. iTraq will provide global communications, device control and management functionality, making it easy to build a global solution.

About iTraq
iTraq is the maker of a global IOT platform that provides location, telemetry and control anywhere in the world. iTraq+ is the world's first global location device that can be found virtually anywhere.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2897555