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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Total Telcom Inc | TSXV:TTZ | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.24 | 0.23 | 0.255 | 0 | 20:40:00 |
KELOWNA, BC, July 28, 2016 /CNW/ - TOTAL TELCOM INC. (TSX Venture: TTZ) announced today that its wholly owned subsidiary ROM Communications Inc. has been appointed the satellite tracking and online mapping partner for the largest Off-Road racing events in the United States. ROM upgraded its existing ROMTraX satellite tracking equipment for off-road racing with new electronics and firmware to be marketed as "RacingTraX". The devices are only available for rent on a per race basis and ROM is required by Race Organizers to make available 250 +/- devices for each of the estimated four annual races. ROM further committed to developing a battery powered, smaller form version of RacingTraX for motorcycles and ATV's currently exempt from the mandatory tracking which would bring the rental pool to 400 devices in the new year. The first race will be the 20th Anniversary of the World famous Vegas to Reno on August 18, 2016.
Company CEO, Neil Magrath, stated "North America has a large off-road racing culture which is growing in part to using technology such as ROM's to create a virtual link to a "connected" fan base. We see a real opportunity to expand our customer base and provide related services to numerous support companies that are required at these large events, additional race support services and increased TextAnywhere 2-way satellite text usage in these predominately no cellular coverage event areas."
Trading symbol: TTZ: TSX Venture
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Total Telcom Inc.
Copyright 2016 Canada NewsWire
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