DALLAS, TX, Jul 13 (MARKET WIRE) --
AGRI-DYNAMICS, Inc. (PINKSHEETS: AGDY), through its target acquisition,
The GPS Tracking Network, Inc., announced today it has completed the
initial installation of GPS units related to a recently awarded service
contract. On March 8, 2009, GPS Tracking was awarded a one-year service
contract with the County of Dallas, TX to install and provide tracking
service to 300 trackers in its law enforcement vehicles.
Following the installation, Dallas County contracted the Company to
install an additional 30 units in its Community Supervision and
Corrections Department. Ultimately, the Company expects the contract
could encompass all of the 1,100 plus vehicles owned by Dallas County and
be worth well over $500,000 in revenue to GPS Tracking. The Company
believes this to be the first of many City, County and State contracts it
will be awarded.
CEO Randy Safford commented, "We are pleased to announce the successful
installation of our first major service contract. GPS Tracking has a
distinct advantage in the marketplace... we are not tied to any specific
manufacturer, so our customers receive a customized, cost-effective total
solution, which allows us to successfully compete for significant
governmental service contracts."
About Agri-Dynamics, Inc.
Agri-Dynamics, Inc. is a holding company providing management consulting
services, incorporated under the laws of the State of Iowa. Its shares are
currently traded on over-the-counter market (OTC) and are listed on the
Pink Sheets.
About GPS Tracking, Inc.
GPS Tracking is a minority-owned company providing internet-based vehicle
tracking service to commercial vehicle operators and governmental
agencies, especially law enforcement units, where its competitive
products and services are proven to demonstrate a significant cost
savings to its end users. The Company also targets internet consumer
sales and specializes in "Teen Tracking," a personalized way to monitor
how, when and where kids drive.
For more information please visit www.YouthDrivingSafe.com and
www.TrackerTel.com.
SAFE HARBOR STATEMENT
Safe Harbor Statement under the Private Securities litigation Reform Act
of 1995: The statements, other than the statements of historical facts,
may be deemed to contain forward-looking statements with respect to
events, the occurrence of which involves risk and uncertainties,
including, without limitation, demand and competition for the Company's
products and services, the availability to the company of adequate
financing to support its anticipated activities, the ability of the
company to generate cash flow from operations and the ability of the
company to manage its operations. As statements regarding future events
concern management's estimates of future results of operations, and these
estimates are based on many elements beyond management's control,
differences from management's estimates may occur, and such difference
may be material.
Although Agri-Dynamics, Inc. believes the assumptions underlying the
forward-looking statements contained herein are reasonable, any assumption
could be inaccurate, and therefore, there can be no assurance that the
forward-looking statements included in this press release will prove to be
accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion should not be
regarded as a representation by Agri-Dynamics, Inc. or any other person
that the objective and plans of Agri-Dynamics, Inc. will be achieved.
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