H.I.G. Growth Partners News
ThinkMobile Panel Will Analyze Monetization Strategies of Location-Based Media
BOCA RATON, FL - March 5th 2009 - LOC-AID Technologies Inc., a leader in location-based services (LBS) and innovator of end-to-end location aggregation, will be presenting an in-depth look at monetization of location-based services on March 18th, 2009 at the ThinkMobile Conference in New York City.
Isaias Sudit, founder and CEO of LOC-AID will share his views on the complex value chain of location enablers such as location polling and mapping solution providers, and explore how location has become a key catalyst to attracting local dollars for unique conversions and campaigns. Mr. Sudit will share his company's experience in deploying enhanced LBS solutions for multiple customers to highlight the fast paced growth in the mobile industry. In particular, he will summarize some of the unique characteristics of LBS market evolution, including how location technologies are combined to deliver on-deck and off-deck solutions across a range of price-points, and how LBS aggregation is the next step beyond navigation.
Isaias has built three businesses, all within the location based service industry. General Dynamics acquired the very first venture, Datumtech, in 1997. The second venture, Datumcom was founded in 1995 and became the leading international supplier of vehicle-based positioning services and infrastructures. Datumcom transitioned into the field of telematics (the intersection of communications, computing and vehicles) and recognized the symbiotic relationship between global positioning systems and cellular communication networks. As a result, the third venture came into existence with the decision to develop applications and end-to-end location services for the mobile user. LOC-AID Technologies, Inc. was founded to focus solely on this developing LBS market.
WHO: Isaias Sudit, founder & CEO, LOC-AID Technologies Inc.
TITLE: "Monetization of Location-Based Media"
WHEN: Between 3:35 PM 4:25 PM Wednesday March 18th, 2009
WHERE: ThinkMobile Conference - New York City
About LOC-AID Technologies:
LOC-AID, based in Boca Raton FL, is an award-winning location-based services (LBS) provider, with the first fully integrated LBS aggregation platform. For more information, visit www.loc-aid.net