Star Asia Technologies Signs to be a SkyBitz Asia Partner

WASHINGTON--(BUSINESS WIRE)--

SkyBitz®, the leader in remote asset tracking and information management solutions, today announced it has signed a partnership agreement with Star Asia Technologies (SAT), a Singapore based entity leading the development of advanced mobile communications services in Southeast Asia.

SkyBitz officially announced its international expansion plans last year. The company provides remote asset management solutions based on advanced technology that are ideal for commercial and government organizations with requirements to track and manage assets and cargo with continuous visibility and high security. SkyBitz's Global Locating System (GLS) technology can track, monitor and manage assets such as transportation assets, shipping containers and cargo, and military equipment and assets.

“Star Asia Technologies is pleased to form this partnership with SkyBitz to offer terrestrial and maritime logistics tracking of assets as they traverse through the supply chain in Southeast Asia,” said Cliff Beek, President and CEO. “With this transaction, we are uniquely situated to respond to our enterprise customers' increasing demand for integrated satellite and terrestrial mobile solutions.”

“Commercial and government entities face a big challenge securing their assets that are dispersed throughout Asia and all over the world,” said Homaira Akbari, SkyBitz President and CEO. “SkyBitz addresses these security challenges providing continuous in-transit visibility of containers and mission critical assets in real time. Now through our partnership with SAT, SkyBitz is better positioned to help Asian companies drive greater efficiencies in the same way that our US commercial and government market clients have been doing for years.”

About Star Asia Technologies PTE, Ltd

Star Asia Technologies (SAT) is developing an all IP-based integrated satellite and terrestrial mobile communications network throughout Southeast Asia. SAT address the growing demand for wireless mobile services across the government, commercial, and consumer segments. Services are offered on a wholesale basis to incumbent mobile and satellite operators. For more information visit www.StarAsiaTech.com.

About SkyBitz, Inc.

SkyBitz is a leader in global remote asset management solutions, providing real-time information on the location and status of assets. More than 700 enterprises rely on SkyBitz technology to achieve total asset visibility, improved security, lower operating and capital expenses, and enhanced customer service. SkyBitz delivers its solution via SkyBitz Insight, a secure web-based application that is fully customizable and requires no software downloads. SkyBitz is a privately held company backed by CIBC Capital Partners, Highstar Capital, Inverness Graham Investments, Motorola Ventures and ITV, a fund of Cordova Ventures. For additional information, visit www.skybitz.com and check out our blog at www.skybitz.com/blog.