OxLoc and Reliance Monitoring Services Announce a New Initiative for Asset Management and Security

November 2003

In a move to exploit its innovative location monitoring technology, OxLoc Ltd have announced the signing of a Memorandum of Understanding with Reliance Monitoring Services, a member of the Reliance Security Group plc.

In field trials, OxLoc will provide their Asset Alert product, a unique self-powered miniature GPS-GSM module which can monitor condition and position in remote locations, to transmit information to Reliance Monitoring Services in support of a wide range of intended customer services including inventory management, security and recovery.

"Not only will customers know where assets are located and what they are doing, but have access to an information rich value added service to improve and optimise business processes. This is a further example of the OxLoc intention to rapidly exploit remote data acquisition and global data access technology," said Keith Dobson, CEO of OxLoc.

"We are expanding our electronic monitoring services into new markets, including high value mobile assets and are working with companies such as OxLoc to develop a solution to capture and transmit the data we need to create a new level of service for asset management and security. These services will provide an extension to our existing security markets and provide additional value added services for all potential customers and markets," said Matt Hindhaugh, General Manager of Reliance Monitoring Services.

Notes to Editors

OxLoc Ltd
OxLoc is a spin-out company from the University of Oxford delivering products and solutions for remote data collection with global access. OxLoc's device combines GPS (Global Positioning Systems) and GSM (Global System Mobile Telecommunications) technology, with state of the art power management to allow condition and movement information to be tracked and monitored.

Reliance Monitoring Services
Reliance Monitoring Services are one of the private contractors providing electronic monitoring services to the Home Office and the only contractor providing monitoring services to the Scottish Executive. Reliance is an established market leader in the provision of manpower, and elect solutions, facilities management and business process outsourcing throughout the UK.

Contact

Susan Fox
T +44 (0)1865 258622
E press.office@oxloc.com
W www.oxloc.com

Matt Hindhaugh
T +44 (0) 1793 438300
E matthew.hindhaugh@reliance-ms.co.uk