Patriot Energy Corporation (PGYC.PK) recently announced that the company has started the process to change its name to TelTeck Solutions, Inc. This name change is in an effort to better represent the company’s business of its wholly owned subsidiary, TelTeck Solutions, Inc. The name will result in new stock certificates being issued with new CUSIP numbers.
TelTeck Solutions, Inc., a technologically innovative company with expertise in the high-security telematics industry, specializes in location intelligence products and services. The company’s goal is to develop and bring to market solutions that are based on licensed and/or proprietary technologies with the guarantee of integrity and security of all data transmitted through TelTeck’s systems. More information regarding Telteck’s innovative telematic products and services can be found at the company’s website at www.teltecksolutions.com.
TelTeck Solutions, Inc. has also begun the process of listing the company’s shares on the Frankfurt Stock Exchange. Owned and operated by the Deutsche Boerse AG, FWB, the Frankfurt Stock Exchange is one of the world’s largest trading centers for securities and is responsible for approximately 90 percent of the securities trading volume in Germany. Exposure on the Frankfort Exchange will facilitate trading by more European investors and allow them to buy shares in their local currency. The company expects this move to have a positive impact on the stock price of the common shares.
Patriot Energy Corp. (PGYC.PK) dba TelTeck Solutions, Inc. Offers Several Options for Telematics Solutions
TelTeck Solutions is a serious player in the high-security telematics technology industry. An area where TelTeck excels is the integration of secured information with an event management platform that can be customized for each unique customer’s needs. The goal of any company’s telematic strategy is meeting compliance regulations and achieving effective information security, and that is precisely what TelTeck offers to companies. The three devices profiled below provide secured solutions to three different industries that can save time, money and even lives.
The L-Device is specifically designed for emergency service workers such as police, paramedics and firemen. It is used to manipulate traffic lights to help emergency vehicle operators travel easily through areas where the system has been implemented. Manipulation of lights has been tested and proven to drastically reduce the time needed to respond to emergency situations. The system is highly secure and cannot be used or abused by those who should not have access to it.
The VM-Device is targeted toward the owners and managers of vending machines. The device monitors the inputs and outputs of each machine and provides real-time data on what has been loaded into and sold from each machine. It can also be used to instantly determine when a machine is out of order or has been vandalized. The device also reduces costs related to distribution as it shows its owner the exact amount of each product needed. Finally, the device eliminates the possibility of employees keeping products for their personal use without permission of the owner.
The E-Device is hooked into electrical meters to give a real-time data influx of the electricity consumption for each property. It will significantly reduce the expenses related to counter reading and eliminate a large need for physical labor by electricity suppliers. The old manual readings and verifications will become a thing of the past thanks to this device. The signals will be confidential and secure to protect from tampering by users.
TelTeck Solutions has a focuse on the high-security telematics industry, but the company also offers GPS solutions for people and property. TelTrek offers three different approaches to GPS monitoring and protection and classified them as personal tracking, asset tracking and high security tracking. All three of the solutions have specific purposes and meet the needs of several industries. The products are also durable enough to meet police and military specifications, yet small enough to be used even with children.
Personal tracking is accomplished by using small personal locators which are designed to fit easily into a jacket or backpack. The easy to use devices offer various tracking methods and even warnings to the user’s computer or cell phone. It is a perfect solution for worried adults with young children, elderly parents or reckless teens. For teen drivers there is a high speed alert service that can monitor when a teen is traveling too fast and send an alert directly to the operator’s cell phone. Other similar alerts can be sent when the GPS locator enters selected areas of danger or when you need the real-time live location. In addition to these features, the personal tracking system can provide a detailed history of everywhere the locator has been.
Asset tracking is designed with businesses in mind. It can be used for a variety of functions including cargo tracking, construction equipment tracking and trailer tracking. This new innovation allows the owner of these assets to rest assured that if their assets are stolen, they will be recovered quickly and there is a good chance the thieves can be apprehended. With the built in audible alarms and motion detection equipment that comes with the products, the owner will know right away when the equipment is being stolen and many attempted thefts can be averted.
High security tracking is meant for the use of government agencies and officials. It has military and police applications such as tracking subjects during surveillance operations. The trackers can also be used to maintain knowledge of the whereabouts of every vehicle in the fleet or monitor the progress of a military convoy. They work around the globe and can also be combined with cell phone and email alerts.
Patriot Energy Corp. dba TelTeck Solutions, Inc. (PGYC.PK) - A Leader in Telematics
Telteck Solutions, Inc. is focused on developing and marketing solutions based on licensed and/or proprietary technologies using their expertise in the high-security telematics industry. Telematics is the science of transferring and storing information using telecommunications devices, applied most often in the communication of mobile GPS (global positioning) devices.
In 1998, Michel Vezina and Serge Breton worked together to create a module that was used to remotely control a vehicle and its power supply. This accomplishment was offset by the realization that serious security issues were inherent in the idea. In the years following, the two poured time and effort into the research and development of a security protocol that would protect the integrity of telematic transmissions sent using the system. After the perfection of this protocol, the pair began applying it in different areas of telematics. It was around this time that they also developed an interface encryption system, completing the long process of achieving the goal of securing transmitted commands through telematics.
Michel Vezina is now the CEO of TelTeck, which was formed later in 2005. The company offers a wide array of totally secure telematics solutions, ranging from traffic control devices to remote electric meter readers. Another TelTeck strongpoint is its high-security GPS equipment, asset, and personal tracking solutions, which employ the same principles developed by Mr. Vezina, and Mr. Breton. No matter what the security need, TelTeck Solutions has got it covered.
Patriot Energy Corp. (PGYC.PK) Announces Cancellation of 1.5 Million Common Shares
Patriot Energy Corporation, dba Telteck Solutions, Inc (PGYC.PK), a company specializing in proprietary, high-security telematics technology, announced today the cancellation of 1.5 million shares of its common stock. The move effectively reduces the number of common shares outstanding.
The shares were cancelled as the result of the termination of an agreement signed June 8, 2008, between Patriot Energy and Expedite Ventures. As part of this agreement, Expedite Ventures was to receive 1.5 million common shares of PGYC stock in exchange for services rendered. Expedite Ventures failed to promptly provide those services as agreed, thus the stock certificate for 1.5 million shares was nullified.
Patriot Energy Corporation dba Telteck Solutions licenses and develops proprietary technologies that support telematics solutions across a wide range of end markets. Telematics is the science of information transfer and storage using telecommunications devices, such as GPS positioning, and is applicable and scalable to customized high-security asset tracking needs.
Patriot Energy Corp. (PGYC.PK) DBA TelTeck Solutions Unveils Groundbreaking Water Alarm Monitoring System
TelTeck Solutions proudly announced the introduction of their groundbreaking Water Alarm Monitoring System at a press conference held in Montreal yesterday. This one-of-a-kind product is the first of its genre and addresses the worldwide market need for accidental flood damage control directly associated with faulty water pipes. The unveiling of this product should be another push forward for TelTeck Solutions as they continue to make a name for themselves in the telematics industry.
The new Water Alarm Monitoring System, WAMS, is designed to constantly monitor the water displacement in pipes that are outfitted with the equipment. The results are not realized until potential water leakages occur, in which case the system is alarmed and capable of shutting off the affected pipes. This creates the potential for tens if not hundreds of thousands of dollars in savings. One estimate puts the average water-leak insurance claim between $30,000 and $40,000 and up to $90,000 to $100,000. That estimate does not take into account the time lost to fix the damage caused.
The Water Alarm Monitoring System will be marketed globally and carry a one- time installation fee in addition to a monthly recurring fee. The recurring monthly revenue is projected to be in the multi-millions in the not too distant future. The WAMS system is expected to make TelTeck Solutions the preferred provider of telematics solutions for water damage prevention.
TelTeck Solution expects that insurance companies will quickly realize it is much cheaper to monitor and prevent water damage than pay out on water-damage claims to businesses and residential customers. This will cause these companies to suggest, if not actually mandate, the usage of the WAMS system in their client’s facilities. The insurance industry pays out billions of dollars annually in claims for accidental water damage which could have been prevented if clients would have been using the WAMS product.
Patriot Energy Corporation, dba Telteck Solutions, Inc (PGYC.PK) DBA TelTeck Solutions Creates Customized Security Solutions for Individual Client’s Needs
TelTeck Solutions offers a full line of high-security telematics products that are customizable for specific business needs. All of the products used by TelTeck can be adapted to a company’s already existing security measures to provide real-time, fully functional security that works. Telteck manufactures several products and offers other product combinations that can be purchased for the monitoring and protection of assets and personnel.
GPS solutions are available for both people and property through the use of the Telteck locator unit. The locator unit allows real-time positioning on a map of any person or vehicle equipped with one, and also allows users to listen in on what is going on around the unit at all times. The unit is also equipped with a ”Panic Button” that, once pressed, dials a pre-selected list of telephone numbers in order to obtain immediate assistance for the person under its care.
All GPS units can be combined with GSM (Global System for Mobile) equipment to locate an entire fleet or network of people, vehicles and other equipment. The GSM monitors range in size and power consumption but have the ability to keep track globally of all devices ranging from cell phones and PDAs up to large vehicles. TelTeck even sells a compact flash card which gives laptops and PDAs complete GSM/GPS functionality with worldwide access.
TelTeck Solutions also offers two lesser known services (than GPS and GSMO) which allow users to exchange numerical data between communication systems and to communicate without connectivity to a telecommunication network. The GPRS (General Packet Radio Service) offered by the company can be combined with any of the aforementioned products and support the transmission of both voice and data between two different types of communications equipment.
Patriot Energy Corp. dba TelTeck Solutions, Inc. (PGYC.PK) is Creating Innovative Ways for Company Security
TelTeck Solutions (TTS) is a wholly owned subsidiary of MSC Technologies, Inc. Founded in 2005, TelTeck Solutions is the sole proprietor of five very unique concepts designed to be integrated in their respective industries. The company is geared not only toward generating revenue within these various industries, but a couple of the concepts focus primarily on security and saving lives.
The company offers five advanced products that help companies operate more smoothly and with a greater sense of security. The products include: GPS (Global Positioning System), GSM (Global System for Mobile) combined to the GPS, GSM/GPRS (General Packet Radio Service), GSM/GPRS/EDGE (Enhanced Data Rate for GSM Evolution), and RF System (Radio Frequency). TelTeck offers solutions based upon each company’s different and immediate needs. By utilizing these five products, TelTeck has the opportunity to create multiple security solutions for individual companies.
Now more than ever, companies are searching for innovative security systems and applications to protect their data. More than 80% of all data maintained by organizations have a location component. Location intelligence offers value to an organization, using economics, demographics and physical geography to detect patterns, risks, and opportunities often difficult to see in a basic spreadsheet analysis. Many companies still have not adopted this technology, which ultimately limits their ability to effectively manage location-based data. TelTeck provides individual clients with custom security platforms that meet their individual needs.
For emergency responders, one of the main challenges is traveling to an emergency in a timely fashion through busy metropolitan streets, making the act of just getting there the biggest challenge. TelTeck has developed a device that can be implemented into traffic lights to help emergency vehicle operators travel safely and easily through crowded city streets. Known as the L-Device, emergency vehicle operators can control traffic lights when necessary. As a result, police, fire crews, and paramedics can now manipulate traffic lights to reduce the emergency response time.
Electricity suppliers can now get real-time data influx of the electricity consumption for each property with TelTeck’s E-Device. In the past, electricity companies were forced to send out employees to read consumption counters. As every consumption counter on every property needs to be verified by an employee on a bi-monthly basis, this process alone generates large expenses for these companies. The E-Device dramatically reduces expenses and employees have extra time to focus on more pressing matters.
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