Axonn Releases the SMARTONE Asset Management Device to Meet Customer Needs for a Low Cost High Value Global Asset Management Solution

Covington, LA – October 2008 - Axonn LLC, the exclusive provider of transmission technology for asset monitoring hardware utilizing the Globalstar Simplex Data Network, today announced the availability of the SMARTONE, Satellite Managed Asset Ready Tracker.  Designed for the intelligent management of powered and non-powered fixed and movable assets, SMARTONE is a practical solution to improve an organization’s operating efficiency and security. With a MSRP of $194.00, the SMARTONE is the most cost-effective asset management device in the world today.

The small size (6.5” x 3.25” x 1”) and ”asset ready” design allows it to be easily installed and field managed without the need for harnesses, antennas, or external power.  The SMARTONE is powered by 2 or 4 “off-the-shelf” AA lithium batteries providing 3+ years of battery life and removes the need to purchase expensive proprietary batteries for replacement. The SMARTONE utilizes a vibration sensor, comparative GPS positions, change of location technology and sensor input to gather and transmit asset status information.

The SMARTONE is the key to creating a SMARTSYSTEM for managing multiple assets across multiple locations. The SMARTONE integrates into a companies existing back-end system or can be integrated with a customized back-end system to provide key alerts and location information. Each SMARTONE within the SMARTSYSTEM is custom configured to manage asset specific needs and provide intermediate and emergency alerts by email and text/cellular.

According to Dave Biggs, Axonn’s CEO, "There was an unmet need for a sub $200 satellite asset management device that operates on "off-the-shelf" batteries and provides years of service. We’ve met that need with the SMARTONE at a price point that makes it economically feasible for customers to invest in a device to manage their high value assets as well as their previously overlooked lower value assets.”

The SMARTONE transmits real-time GPS location and other data over the Globalstar constellation of low earth-orbiting (LEO) satellites. Simplex data is transmitted only one-way, from the asset. This form of communication allows costs to remain low and battery life to be extremely long. Axonn's existing products are used on a variety of mobile assets such as cargo containers, trailers and railcars, construction and service vehicles as well as fixed assets like field equipment, generators, pipelines, and propane and fuel storage tanks.

Axonn products are available globally through more than 30 value added resellers (VARs) who integrate Axonn's hardware as part of their asset tracking, monitoring and management solutions.

About Axonn LLC
Headquartered in Covington, Louisiana, Axonn LLC has been committed to the research, development and commercialization of satellite and radio frequency-based hardware for the tracking, monitoring and management of fixed and mobile remote assets since 1985. As an exclusive provider of hardware for the Globalstar Simplex Data Network, there are currently over 150,000 Axonn products in operation worldwide by industrial, commercial and government customers. Our focus is to provide cost-efficient, low power, ultra-reliable, secure monitoring devices that help solve a variety of problems in a variety of markets. Axonn's commitment has enabled the cost-effective replacement of wire and cable in industrial, commercial and residential applications worldwide and has brought connectivity to previously inaccessible data such as mobile asset tracking. For more information, contact Chad Holsinger, Vice President Sales & Marketing at chadh@axonn.com, 985-893-1048, ext 307.

About Globalstar, Inc.
Globalstar offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. Globalstar's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications. For more information regarding Globalstar, please visit Globalstar's web site at www.Globalstar.com.


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