Asset tracking permits a user to determine the locations of virtually any type of asset 7x24 anywhere in the world. Businesses can track delivery and repair vehicles, cargo containers, construction equipment and even its own personnel, especially those living or working in areas where there is threat of crime or kidnapping.

For businesses and consumers, the asset tracking provides the functionality known as "geo-fencing". This allows the user to set a "logical fence" as a boundary. If the asset goes outside of the boundary, the user is immediately notified via a message (call, email, text). This is useful in terms of theft protection. One application of particular focus for SkyTrace is tracking laptops. This application is material due to the theft in the market. Some statistics to support this effort are:

- Safeware The Insurance Agency claims that over 600,000 laptops are stolen annually, resulting in an estimated $5.4 billion loss of proprietary information.

- According to the FBI, 97% of stolen computers are never recovered.

- Laptop theft accounted for 50% of reported security attacks. CSI, The 12th Annual Computer Crime and Security Survey, 2007

- Lost or stolen laptops and mobile devices are the most frequent cause of a data breach, accounting for 49% of data breaches in 2007. Ponemon Institute, U.S. Costs of a Data Breach, November 2007

- 12,000 laptops are lost in U.S. airports each week, and two-thirds are never returned. (Dell & Ponemon Institute, Airport Insecurity: the case of lost laptops, June 30, 2008)

CARGO / ASSET PROTECTION

• Web or PDA Web locate capabilities = immediate results
• Can also locate from cell phone for immediate results
• Geo-Fence = pre-set border control by the user
• Connect with expensive shipping materials that require security measures
• User can track unit in real time as materials are shipped