iSECUREtrac Completes Financing Round
By Staff Writer | September 17, 2004
GPS tracking solutions provider iSECUREtrac Corp. [ISRE] wrapped a pair of financing initiatives: a $750,000 round of private placement at 23 cents per share and an inventory-lease financing for $500,000 to support the manufacturing and delivery of GPS monitoring products for additional customer orders. The company’s GPS monitoring products, aimed primarily at the law-enforcement community for tracking individuals, are being used in 40 states and in the United Kingdom.