Target Markets

GPS has evolved from use in specialized positional equipment to a truly pervasive enabling technology, facilitating the development of a host of new applications. From tracking a teenager's use of the family car, to automatic tax collection for interstate trucking, continued reduction of component cost and new features in GPS end-user equipment means that it is being considered for an increasing range of applications.

Double-Digit Growth

The global GPS market is forecast to reach US $22 Billion by 2008. Chip sets are expected to account for 4% of this market, or approximately US $850 Million, over the same period.

NemeriX's primary focus is on those markets requiring high energy efficiency - typically battery powered wireless and handheld applications. Within these markets the NemeriX chipset solutions are unrivalled in energy efficiency.

With an estimated 2 billion users of wireless applications in 2005, initiatives such as the Wireless Enhanced 911 (E911) program will boost GPS chipset sales. E911 (and E112 in Europe) seeks to improve the effectiveness and reliability of wireless emergency calls by providing dispatchers with accurate location information. Wireless GPS applications are predicted to grow at 34% CAGR, according to ITS International.

Handheld and PDA applications provide users with location information for outdoor and recreational pursuits, as well as for logistics and other business purposes.

Automotive and other vehicle uses of GPS equipment encompass navigation as well as theft and collision notification. Tracking applications is a growing market for GPS. The ability to quickly locate trucks, containers, dangerous and precious goods as well as people, is beneficial in terms of safety and security.

NemeriX's mission is to become the world's premier supplier of low power, high-volume GPS solutions. Targeting worldwide markets for high performance low-power GPS, NemeriX develops, promotes and sells ultra low power, small footprint GPS solutions.