Now a stolen car can summon the police

Article Abstract:

Teletrac Systems, Inglewood, CA, has been marketing its 'vehicle locator' service since Dec 1990, in Southern California. The company, which already has 3,000 customers, plans to test its service later in 1991, in Detroit, MI; Chicago, IL; and Dallas, TX. The system works like this: subscribers buy a radio transceiver unit, which is about the size of a paperback book and costs about $700. Such devices are made by four companies - Mitsubishi, Samsung, Kenwood and Audiovox. Teletrac itself charges a $45 quarterly fee. Teletrac's customers hide their radio devices somewhere in their cars, and if a car is stolen, Teletrac can pick up a signal from it via 40 receiving antennas located throughout Southern California. The radio devices send and receive signals over ranges of frequencies so they are difficult to jam. Teletrac works in cooperation with law enforcement agencies.

Communications equipment, not elsewhere classified, Communication services, not elsewhere classified, Product information, Consumer electronics, Prevention, Motor vehicles, Law enforcement, Tracking systems (Navigation), Automobile theft, Tracking Systems, Vehicle location systems, International Teletrac Systems

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Ask Computer picks 3 to head new units

Article Abstract:

Ask Computer Systems Inc will reorganize into three units. Three vice presidents - Eric Carlson, Dennis McGinn, and David Sohm - are appointed as presidents of the new units. The three units are: applications business; the Ingres unit, which is a data base software company that was acquired in 1990; and Data 3 Systems, respectively. Les Wright, Ask's executive vice president and chief financial officer, is now also the company's chief administrative officer. According to Sandra L. Kurtzig, Ask's chairman and CEO, Ask needs a decentralized structure. Ask's business units, says Kurtzig, need to remain flexible, maintaining their identities and their visibility.

Computers, peripherals & software, Management, Computer software industry, Software industry, Appointments, resignations and dismissals, Carlson, Eric, column, Executive, Organization Structure, Reorganization, Promotion of Employee, Decentralization, Kurtzig, Sandra L., ASK Computer Systems Inc., ASKI, Wright, Les, McGinn, Dennis, Sohm, David

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Management of Gtech leading investor group

Article Abstract:

Gtech Corp agrees to be acquired by an investor group and the Donaldson, Lufkin & Jenrette Capital Corp for $290 million. Gtech designs, supplies and operates computer-based lottery and wagering systems. The investor group is led by Gtech Chmn Guy B. Snowden and Gtech Vice-Chairman Victor Markowicz. The acquisition is subject to the approval of the company's shareholders and lottery authorities. If the deal falls through, Donaldson, Lufkin and Jenrette could be reimbursed $4.7 to $8.5 million for expenses. Gtech's net income for 1988 was $4.6 million, down from 1987's $10.5 million.

Mergers, acquisitions and divestments, Systems analysis, Lotteries, Lottery industry, System Design, Acquisition, GTECH Corp., Donaldson, Lufkin and Jenrette Mortgage Capital Corp., GTCH

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