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TrackWell Software and LocatioNet Establish Partnership to Offer Location-Based Applications

July 2002

TrackWell Software, developer of wireless communication and location based software applications, announced today that it has partnered with LocatioNet Inc., the developer of a comprehensive integrated platform for the delivery of location-based services for the wireless market. TrackWell has developed LBS applications in Personal Tracking also commonly referred to as "My Buddy Tracker", Professional Tracking, and Mobile Games. As part of this agreement, wireless carriers will be able to offer their subscribers' access to TrackWell's applications via LocatioNet's back-end LBS middleware and APIs.

Gadi BenMark, CEO and President of LocatioNet, Inc., comments "The high-quality LBS applications developed and managed by TrackWell add to the value that LocatioNet's middleware provides. Due to their LBS application development expertise, our alignment is a very positive stride for us and our carrier customers."

Ágúst Einarsson, CEO of TrackWell Software, "We are very pleased to have LocatioNet on board as one of our key partners. Their strong LBS middleware product integrated with TrackWell Location-based applications will be an attractive combination for mobile operators and service providers to acquire."

About LocatioNet

With a track record of over eleven years in the location based services arena, LocatioNet (http://www.locationet.com) offers the most comprehensive, integrated platform for wireless location based services. The LocatioNet middleware integrates content, applications, position determination and GIS technologies to quickly fulfill user requests over a variety of mobile handsets. The platform seamlessly integrates with the operator's existing service network, user provisioning, billing, and OMAP systems. LocatioNet's powerful add-on GIS Engine supports map rendering, geo-coding and routing for all LocatioNet Platform integrated LBS service applications.

LocatioNet provides an attractive set of applications, for both consumer and corporate markets, to maximize revenue generation and customer retention. An open XML-based API and a comprehensive set of SDKs grant operators and third party developers full freedom in developing distinctive location-based service applications.

LocatioNet is a global corporation with offices in the US, Europe, South America, and Israel.

For further information:
TrackWell Software
Bergur Þórisson
+354 510 0600
bergur@trackwell.com