Monico Monitoring Inc. Teams With ARGO Tracker To Combat Supply Chain Losses

With U.S. businesses facing supply chain losses approaching $5 billion annually, the need for effective asset tracking and monitoring is creating new strategic alliances.

Houston, TX (PRWEB) August 28, 2006 -- Houston-based Monico Monitoring, Inc., a leader in asset tracking and monitoring, is pleased to announce the signing of an agreement to become an authorized dealer for ARGO Tracker strategic asset tracking solutions. ARGO Tracker systems are designed to combat the annual loss of billions of dollars in the supply chain due to theft, vandalism, breakage, and spoilage.

“The relationship between ARGO Tracker and Monico is symbiotic because of our technical expertise in industrial communications protocols with extensive experience interfacing with industrial engines will allow a much deeper penetration into the market,” explained Doyle Taylor, President of Monico. “Not only will we be selling the ARGO Tracker strategic asset tracking solutions, but we will be integrating them with engine and drive train information, RFID tags to identify specific equipment or cargo, and other inputs required by our customers.”

A growing problem turns to technology for solutions

Industry experts estimate losses in the supply chain due to theft alone at $3.5 billion to $5 billion annually. The figure climbs when vandalism and spoilage are figured in. Those staggering numbers plus increasing regulatory mandates have business leaders turning to technology for solutions at all stages of the supply chain.

ARGO Tracker’s strategic asset tracking solutions provide an unprecedented level of supply chain visibility, accountability and security. ARGO Tracker’s system consists of in-field data collection units and Web-based applications that continuously monitor and track the location and status of shipments via GPS and satellite technology from origin to destination, whether transported by surface, air or marine. By using ARGO Tracker, companies can realize higher profits and productivity and reduce client churn as well as fulfill increasing regulatory mandates.

“What sets ARGO Tracker apart from the competition is the fact that our solution is highly customizable and can be tailored to meet the financial and technical infrastructure needs of an organization,” noted Mike Hammons, Chief Executive Officer of ARGO Tracker. In addition, ARGO Tracker’s systems employ extremely precise monitoring sensors, have excellent power management capabilities, are modular, and use encrypted point-to-point communication.

ARGO Tracker offers its solutions in three configurations, depending on customer requirements: ARGO Sentinel, designed for smaller companies operating in commodity driven markets where competition is heavily based on price; ARGO Enterprise, designed for companies looking to buy information technology applications and install them in their own internal infrastructure, maintaining direct control; and ARGO Fusion, a flexible, customized solution utilizing features of both the ARGO Sentinel and ARGO Enterprise.

For more information about asset tracking and monitoring solutions from Monico Inc., please visit www.monicoinc.com or contact Doyle Taylor by telephone at (281) 350-8751.

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