LISLE, IL--(Marketwire - August 12, 2010) - VisTracks™ (www.vistracks.com), an industry category creator and provider of a cloud-based platform for Position and Movement Analytics™ solutions along with the Telecom Council of Silicon Valley (www.telecomcouncil.com) announced today that VisTracks was selected for the Innovation Showcase at CTIA Enterprise and Applications Conference and Exhibition 2010 (www.ctiaenterpriseandapps.com) to be held at Moscone West in San Francisco, California on October 6-8. VisTracks executives will be available to officially unveil the VisTracks Position and Movement Analytics platform in the Telecom Council Innovation Showcase. VisTracks is exhibiting in booth 908L, and will be speaking on the Innovation Showcase stage two times each day in the morning and afternoon Rapid Fire Presentations sessions.
"VisTracks Position and Movement Analytics is the kind of intelligent innovation that creates completely new value from the mobile world. GPS and location information is interesting, but it only becomes powerful when we can gather, store, shape, and use it in intelligent new ways," said Derek Kerton, Chairman of the Board for the Telecom Council, and Principal Analyst at the Kerton Group. "We're excited to have leaders like VisTracks pushing the technology envelope in the Innovation Showcase."
VisTracks was selected as one of 16 companies to participate in the Telecom Council's Innovation Showcase Startups out of a highly competitive field of over 100 start-up companies. The selection was made by a council member panel of expert judges from companies such as: Northwest Venture Partners, Marvell, Nokia Growth Partners, Huawei, Qualcomm, The Kerton Group, Verizon Wireless New Business Development, AT&T Corporate Business Development, Motorola Ventures, and DoCoMo Capital. VisTracks was selected based on its unique platform for Position and Movement Analytics that helps its solution providers and strategic partners create new business by creating value from a rich new class of data VisTracks calls 'Position Facts™.'
"This is a unique opportunity that lines up with plans to launch our new cloud-computing platform," said Keith Gelinas, EVP of Business Development at VisTracks. "There is exceptional synergy and strong alignment between VisTracks' future vision for creating value from position and movement data created by wireless infrastructure and the attendees at this conference and exhibit."
Position and Movement Analytics enables VisTracks customers to capitalize on decision opportunities created in the last 90 seconds by performing real-time statistical analysis (correlation, univariate and multivariate statistics) on a new class of rich data called Position Facts. VisTracks' distinction from traditional tracking or historical analytics software is a focus on the analysis of the data. The VisTracks platform is tuned to perform statistical and predictive analysis of real-time and ongoing position and movement data (Position Facts). The convergence of enabling technologies like those showcased at CTIA and the business process improvement initiatives of its members have created significant demand for analytics on Position Facts.
To schedule a meeting with the VisTracks team at the conference, contact Andrew.Stein@vistracks.com. Other information about VisTracks, Inc., or answers to Frequently Asked Questions about the VisTracks platform products and services, are available at www.vistracks.com, or email info@vistracks.com. Editors, analysts and the media please send email to media@vistracks.com.
About VisTracks
VisTracks (www.vistracks.com) provides a cloud-based Position and Movement Analytics™ platform for solutions providers and partners who need to develop software to sense, record, react, analyze, predict and visualize real-time, and ongoing location-specific data streams. The VisTracks system is a platform-as-a-service (PaaS) that provides programmable web services for advanced statistics, tracking, rules-based notification and visualizing spatially relevant analysis of data. Unlike alternatives, the VisTracks platform creates business value out of a new class of data by enabling rapid creation and deployment of solutions through an API framework in a cloud-based platform and SDK.
About Telecom Council of Silicon Valley
The Telecom Council is an association which connects decision makers across the entire telecom ecosystem -- big and small, fixed and wireless -- with each other. This executive and influential group fuels the industry's research, capital, and human expertise -- it's Where Telecom Meets Innovation. The telecom industry in Silicon Valley continues to grow, and now includes over 1,000 telecom companies, employs over 100,000 people, and attracts over 1/3 of all U.S. telecom venture capital investments -- more than twice the investments from any other single area in the U.S. We have over 20 globally significant telcos -- a direct pipeline to over 2 billion subscribers, billions of VC capital, scores of start-ups, the world's portal giants, and ample ancillary service providers -- nowhere else in the world are so many powerful telecom people in one place. The Council exists to provide an arena to this telecom hub to Connect, Communicate and Collaborate. More on the Council and its members at www.telecomcouncil.com
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