uLocate Communications Inc, a leading developer of wireless location based sevices, has announced the appointment of a new CEO and the receipt of new funding as the company continues to enjoy strong publicity highlighting its service that enables parents to pinpoint their children’s whereabouts – around the clock – using their cell phones, the Internet, and the latest in GPS satellite technology.
Tripp Blair, a seasoned, entrepreneurial sales and marketing executive with a demonstrated track record of leading companies through rapid growth and maturation, has taken the helm at uLocate Communications as its President and CEO. Most recently, Blair was a co-founder of WaveMark Technologies, an embedded imaging firmware company, where he was responsible for all sales, marketing, and strategic development. He guided the sale of WaveMark to Motorola where he continued on as Director of the WaveMark Operations unit. Prior to that he held a series of executive sales and management positions at SystemSoft Corporation, Sun Microsystems, and Praxsys Technologies, Inc.
Blair’s direct industry experience and network of business relationships will be a powerful asset to uLocate as it establishes a strong, national distribution network and continues to expand its leadership position in the rapidly emerging market for wireless location based services.
To that end, Blair announced that GrandBanks Capital has provided the company with financing. Ryan Moore of GrandBanks Capital, who has joined the uLocate board, noted: “uLocate has a strong entrepeneurial team, a target market poised for explosive growth, and sound technical foundation and infrastructure. There is enormous business potential for a very compelling wireless application.”
uLocate is focused on the development of wireless services that deliver dynamic, personalized location driven information to subscribers via a secure web connection or directly to their cell phones. The company’s initial service offering enables subscribers to locate family members and employees, review routes, receive speed and mileage metrics, and be notified when individuals arrive and depart from specified locations. uLocate continues to receive widespread interest from both the press and the public. News stories have been published and broadcast in media ranging from The New York Times and the The Today Show to dozens of televison stations around the U.S.
About uLocate Communications, Inc.
uLocate Communications, Inc. (www.ulocate.com) is an application and technology service provider of wireless location-based services. Headquartered in Newton, Mass., uLocate integrates GPS enabled cell phone technology with the convenience of the Internet to provide a variety of LBS services for both enterprise applications and personal use.
About GrandBanks Capital
GrandBanks Capital (GBC), (www.grandbankscapital.com), was co-founded and sponsored by SOFTBANK Corp. and Mobius Venture Capital (formerly SOFTBANK Venture Capital) to support early-stage investment activities on the east coast behind their partner, Charley Lax. With headquarters outside Boston and an office in New York City, GBC possesses extensive experience in information technology, Internet and communications, media and financial services, and semiconductor technologies, having funded and managed
many leading and successful companies.
