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Orono, ME – August 30, 2007 – Intelligent Spatial Technologies, Inc. (iST), a technology leader in Location-based Services for mobile users, is pleased to announce the expansion of its management team.
Ted Broers will be joining iST as a new Board member. Ted brings experience working with developing businesses as Managing Partner, MentorVest LLC and international business experience as Director of Corporate Business Development at National Semiconductor. Additionally he has experience in middle market mergers and acquisitions while a Principal at Silicon Valley Bank's Alliant Partners.
Bobbi Pike will be joining iST as our new VP of Business Development and Sales. Bobbi brings 30 years of business professional experience that spans several industries. Bobbi is a successful serial entrepreneur, investment banker, and business advisor.
Roger McPherson is joining iST as our new VP of Engineering. Roger brings 25 years experience in the semiconductor industry with Texas Instruments, General Electric, Integrated Silicon Systems, and Cirrus Logic.
According to iST’s CEO, Chairman & Founder Chris Frank, “We are very excited. With these additions to our management team iST is well poised to make the strategic alliances necessary to launch the iPointer on a national scale.”
Technology Enables Two-Way Flow of Information
The iPointer® is a location-based service platform that enables a broad suite of navigation, search, and social networking services including: maps and directions, friend finder, buddy tracking, Geotagging, geoblogging, geocasting, proximity search, proximity alerts, interactive maps, and targeted advertising. These applications will run on most mobile communication devices with a GPS and a wireless data connection. All of these services benefit from the dynamic content retrieval and update capabilities of iST’s Web-based geospatial search engine and content delivery architecture. Add in a digital Compass accessory and mobile users with the iPointer® running can take advantage of iST’s patented pointing-based search algorithms to simply point at a building, landmark, or other point-of-interest to receive on-demand information such as photographs, promotions and audio descriptions.
In sum, the iPointer® provides a single integrated platform for delivering next generation location-based services today.
The iPointer® system is comprised of global positioning system (GPS) and Digital Compass technology integrated into a Premium Cell Phone, a wireless network, and iST’s geospatial database. This allows users to move at their own pace, pointing and learning at will. When users wish to identify a landmark, they point iPointer®’s hand-held device at it and press a button. The iPointer® device receives coordinate signals from GPS satellites and orientation information from the digital magnetic compass to identify the user’s location and the device’s pointing angle. These coordinates are then sent over the wireless network to the database. iST’s geospatial database’s selection algorithms identify the selected landmark and send information back over the wireless network to be displayed in text, visuals and audio on the user’s device.
Pricing & Availability
iST charges for the creation of iPointer®’s geospatial database and installation of its iPointer® system, then provides the hand-held user devices and support services for a monthly charge. iST will also install the iPointer® system and train onsite personnel for those facilities that want to take ownership and operate iPointer® as a proprietary system. For information on installation and service contract pricing contact iST’s sales office, (207) 866-6521, or visit the company’s website www.i-spatialtech.com
About Intelligent Spatial Technologies, Inc.
Founded in 2003 and privately held, Orono Maine based iST develops location-based services and technologies for mobile users. iST has developed the iPointer® system, a pointing technology that enables specific content about selected landmarks to be delivered to a mobile user, based on geographic location and orientation. iPointer® answers mobile users’ questions “where am I and what am I looking at?” For more information on iST, its technology and products, visit the company’s website www.i-spatialtech.com.
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