DARPA Highlights SkyBitz As a Technology and Business Success Story

The report shows how Global Locating System brings inherent security in
satellite communications

STERLING, Va., April 7 /PRNewswire-USNewswire/ -- SkyBitz, the leading remote
asset tracking and information management service provider, today announced
the release of a case study by the Defense Advanced Research Projects Agency
(DARPA), documenting how SkyBitz successfully launched DARPA-funded technology
into private, government and international markets.

The agency's case study emphasizes the security and efficiency that SkyBitz's
real-time solution delivers to commercial, transport, military and public
safety customers, including sensitive shipments such as arms, ammunition and
explosives traveling across North America.

SkyBitz used DARPA funding to develop its patented Global Locating System
(GLS) and a very efficient satellite communications protocol, which provide a
more secure platform than traditional GPS and satellite communications
solutions. The DARPA case study highlights SkyBitz's ability to track
non-powered assets anywhere, anytime, for years on internal batteries.

SkyBitz has achieved the Department of Defense's HERO certification, allowing
it to monitor munitions in real time. SkyBitz also provides tracking and
monitoring solutions for school buses, high value goods, food and agricultural
products and hazardous materials.

"SkyBitz continues to advance technologies and forge partnerships that
increase safety, security and cost savings for a range of industries around
the world," said Homaira Akbari, President and CEO of SkyBitz. "This case
study exemplifies how DARPA helps businesses excel as both technology
innovators and business success stories."

After completing DARPA Phase II in 1997, SkyBitz secured more than $58 million
from investors for product development and market expansion. The company has
expanded into verticals beyond its core in trucking to include rail,
government, oil & gas and utility worldwide.

About SkyBitz
SkyBitz is the leading remote asset management solution provider, providing
real-time information on the location and status of assets to customers in the
fields of transportation, energy, and government. SkyBitz delivers a reliable,
easy-to-use solution that provides in-transit visibility and assessment of
assets anytime, anywhere. More than 600 enterprises rely on cost-effective
SkyBitz technology to achieve total asset visibility, improve security, lower
operating and capital expenses, and enhance customer service. SkyBitz is a
privately held company backed by CIBC Capital Partners, Highstar Capital,
Inverness Graham Investments, Motorola Ventures and ITV, a fund of Cordova
Ventures. For additional information, visit www.SkyBitz.com.

SOURCE SkyBitz

Anne Mitchell of SkyBitz, +1-703-478-2136, amitchell@skybitz.com; or Joanne
Rasch. +1-202-277-3105, joanne.rasch@edelman.com, for SkyBitz