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January 19, 2009

Spatial Networks completes acquisition of TrekServ

Spatial Networks, a provider of geospatial applications, has completed the acquisition of Tampa-based tracking technology firm TrekServ. Details of the agreement were not made public.

By CBR Staff Writer

The acquisition of TrekServ includes proprietary, patent-pending technologies that provide secure, global tracking of mobile assets and at-risk personnel. The combined companies will provide clients with increased operational efficiencies, cost-savings and increased revenue-generation potential.

Anthony Gray, founder and CEO of TrekServ, said: We are very pleased to join a profitable, financially stable organization with a sterling global reputation. We expect these two leading companies to dovetail smoothly and emerge as one stronger organization ready to meet current customers’ needs as well as attract new clients to our broadened services and product suite.

Anthony Quartararo, president and CEO of Spatial Networks, said: Combining these two strong companies will provide a great asset to current and prospective clients through enhanced integrated global tracking and geospatial capabilities. We have found the TrekServ team, led by Anthony Gray, to have compatible business philosophies, performance standards and to be complimentary in their corporate culture and dedication to customer service.

Earlier this month, Spatial Networks has signed agreements with two resellers, Land Systems Consulting and Municipal GIS Services to extend reach of Geodexy product.

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