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Agreement Will Result in Strengthened Capabilities and Growth in Emerging Multi-Billion Dollar Tracking Market
Stennis Space Center, MS -- On December 6, 2005, NVision Solutions, Inc. announced the acquisition of PixSell, Inc. for an undisclosed sum of money. NVision plans to operate the company as a wholly owned subsidiary, specializing in tracking and real-time data management. In the transaction, NVision received stock, assets, and existing contracts from PixSell, formerly PixSell Data Brokers.
PixSell will act as the commercialization agent supporting NVision’s proprietary tracking and data transmittal systems. Some of the potential applications for this technology include: fleet tracking, vehicle anti-theft, personal tracking, and real-time sensor array deployment.
“Tracking is expected to be a multi-billion dollar market over the next 10 years,” said Craig Harvey, CIO of NVision Solutions. “PixSell is well placed to capture its share of that market with technologies developed right here in Mississippi.” Harvey went on to say that as the architect of the deal, the intent of the acquisition is to enable the companies to respond directly to immediate tracking market opportunities. “PixSell assets combined with NVision’s software greatly strengthens our ability to respond to this emerging market in a timely manner,” said Harvey.
NVision Solutions has maintained a consistent growth curve over the past four years and has been recognized for their innovative ideas and solutions by various states as well as their peers. Expectations are high that PixSell, under its reorganized management, will experience similar growth and innovation. PixSell plans to launch three new tracking solutions and two different software solutions over the next 3 months.
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NVision Solutions, Inc. is a small, disadvantaged, minority, woman-owned firm that specializes in advanced geospatial solutions and powerful web applications. NVision, an active member of Mississippi's EIGS geospatial industry cluster, is headquartered at the NASA Stennis Space Center in south Mississippi. For more information about NVision Solutions, Inc., visit www.nvisionsolutions.com or contact Craig Harvey at
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or (228) 688-2205.
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Is your LizardTech Lizard star material? SHOW US and you could win a new GPS system. Simply snap a creative photo of your favorite, authentic LizardTech Collectable Lizard and see how it measures up. Photos will be featured on the official LizardTech Flickr page and voted on by viewers everywhere. Submit yours today and win!
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