Empower Technologies™ Signed 3 Year Supply Agreement with Purchase Order and Deposit
November 10, 2009 – Richmond, British Columbia, Canada – Empower Technologies (TSX.V: EPT) (Empower) has signed a 3 year Supply Agreement to supply an asset tracking company (the Customer) a next generation GPS (Global Positioning System) tracking device. This state-of-the-art GPS tracking device is built on Empower's EMP3503 Single Board Computer platform. This new GPS tracking device will be sold to industries such as golf courses, ski resorts, water resorts, tour operators and equipment rental firms to track mobile equipment and assets (i.e.: golf carts, skidoos, RV, heavy equipment, and tour buses). The first purchase order has been received and a deposit collected. This is subject to the Customer's acceptance of the production prototype. The first purchase order is valued at over a million US dollars and calls for first delivery of production units as soon as possible but no later than May 31, 2010.
Empower has been selected by our customer for our collection of in-house IP (Intellectual Property) core technologies in GPS and navigation technologies, wireless communications, multimedia technologies, and powerful embedded hardware and operating system platforms.
About Empower Technologies™
Founded in 2000, Empower Technologies (TSX.V: EPT) is an innovative company that brings the power and flexibility of the LEOs® (Linux Embedded Operating System) to the dynamic embedded computing Industry and the emerging Intelligent Appliance Market, through their development of Linux-based operating software, embedded system technologies and solutions.
The products and services that form the base of its business activities include an embedded system development platform for LEOs®, based on Texas Instruments™ embedded CPU platform, that fulfill the needs and demands of developers and the embedded computing Industry. Empower is continuing to develop LEOs® and newer versions of embedded CPUs in line with Texas Instruments™.
By uniting top professionals from within the computer industry and developing quality partnerships and strategic alliances, Empower is committed to being the leading developer of Linux-based operating software and embedded system technologies and solutions for electronics manufacturers and developers.
Empower's brands are “LEOs®”, “LinuxDA™”, Linux-based embedded operating systems and “PowerPlay™”, smart consumer electronics.
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