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    Wednesday, December 14, 2005

    Lojack Got Jacked Up

    Auto-txt allows police to track the vehicle and use remote wireless technology to disable the vehicle or to keep it from restarting once the engine is turned off. While most car-tracking systems are activated by the driver’s key or key ring, Auto-txt is unique because it both requires keys and a cell phone to identify the owner. Because it requires two different identifiers, Auto-txt could also save money on insurance premiums for drivers. RDM received ₤4.75 million (about $8.3 million) in venture funding to develop and roll out Auto-txt. Catapult Venture Managers invested in the first round as part of its Advantage Enterprise and Innovation Fund. The system is the first to receive a Category 5 accreditation from the Thatcham motor insurance industry research center. The accreditation is a new insurance industry standard supported by the police. For now, Auto-txt is only available in the U.K. and is limited to cell phones with Bluetooth.
    have you seen my bicycle?




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