Advantage GPS Starts a Revolution with Auto Industry’s First Wire-Free GPS Tracking Devices

IRVINE, Calif. (PRWEB) January 16, 2019

Advantage GPS, a Procon Analytics company that captures and translates raw data into actionable business intelligence, today launched the automotive finance industry’s first and only wire-free GPS tracking devices. Revo is a game-changing, wire-free family of GPS vehicle tracking devices that revolutionize the way buy here pay here dealers and vehicle finance companies protect their collateral and gain valuable automotive analytics.

“Over the past 10 years battery technology has steadily improved and has now reached a level of long-term, stable dependability,” said Bill Cheney, CTO and Managing Partner for Procon Analytics. “This in conjunction with the advancements in 4G LTE cellular and GPS receiver technologies have made our Revo family of products practical and affordable. We believe these ‘Internet of Things’ innovations will revolutionize the GPS Tracking industry.”

Revo’s sophisticated, battery-powered technology can be secured almost anywhere in a vehicle in five minutes or less. Because of Revo’s revolutionary technology, battery life, and ease of installation, it will reduce the number one reason for device failure, improper installation, to near zero.

“It was important to design battery-operated devices would hold up for the duration of long-term finance contracts to protect our customers’ vehicle assets,” said David Meyer, President of Advantage GPS. “Working side-by-side with leading experts in battery technology we did it. We developed three new wire-free devices that provide more flexibility, control and, in the end, reduce costs and the hassles of installation for our customers.”

All three Revo devices — SmartStop, 3000, and 4000 — take only about 10 seconds to activate and are immediately connected to the platform via 4G LTE wireless technology. The three different Revo models give lenders the flexibility to match device to loan terms or risk factors.

  • Revo SmartStop: Collects a continuous stream of data for all start and stop events of a vehicle up to 3,000 events or approximately 1-year.
  • Revo 3000: Provides auto lenders with flexible operating modes that gives them more control and help preserve the battery life of the unit. The unit is designed to capture 3,000 events just like the SmartStop, but this device has a life span of approximately 3-years.
  • Revo 4000 – Includes the three flexible modes and captures at least 4,000 events, for at least 4-5 years.

The Discovery, Standby, and Recovery operating modes are an integral part of the Revo 3000 and 4000:

  • Discovery Mode: Provides a detailed history of the vehicle for the first 250 events. This sets up the vehicle’s routine. Much is learned during this period, but once completed downshifts to the less power-consumptive Standby Mode.
  • Standby Mode: Reports a vehicle’s location and device health (such as battery life and tamper alerts) twice each day. Finance companies, when they see a need, can easily change to the third Recovery Mode. Despite the low-power consumption of Standby Mode, valuable data is collected every day.
  • Recovery Mode: With a simple keyboard click Revo reports a vehicle’s movement every five minutes and also sends stop events. To preserve battery life, Revo will automatically revert to Standby Mode (after 7 days or 500 events) or SmartStop Mode based on the customer’s product choice.

Importantly, Revo devices have many of the same features that hard-wired devices do including: Drive Reports, Stop Reports; Repo Mobile Tool; Geofencing; Tamper Alerts; Battery Life Indicator and 4G LTE service. What it doesn’t come with is the average $55 installation fee, extra cables and accessories, and a device service plan. The company has already started shipping Revo devices to auto lenders across the country.

“We also guarantee the number of events for each Revo device,” Meyer said. “That guarantee, along with the savings from not having to pay for hard-wire installations will save dealers thousands of dollars during the course of a year, with nearly no installation failures.”

The company continuously strives to bring automotive lender and dealer clients the most leading-edge technology available to allow them to protect their portfolios and set themselves apart from their competitors. Serving nearly 1,000 automotive lenders with over 500,000+ connections across the country, Advantage GPS by Procon Analytics not only utilizes the most progressive connected technology, but is constantly evolving based on the automotive finance industry’s needs, technological advances, as well as economic and legislative trends.

About Advantage GPS

Advantage GPS by Procon Analytics provides GPS technology and innovative data analytics that empower BHPH dealers and vehicle finance companies to make smarter, faster and more profitable business decisions. The company’s seasoned leadership team has been revolutionizing risk mitigation tools and real-time automotive analytics to help lenders protect vehicle assets, reduce delinquencies and speed up recoveries when needed for over a decade.

For more information visit: AdvantageGPS.com/revolution or call 1-800-553-7031.

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Vendavo Ranked As One of Colorado’s Best Places to Work in 2019

DENVER (PRWEB) January 16, 2019

Vendavo, a leading provider of commercial excellence solutions, today announced it ranks as one of the Best Places to Work in Colorado in 2019 for mid-size companies according to Built In Colorado, an online community for Colorado tech companies.

“As smart pricing increasingly contributes to a more profitable bottom line, Vendavo has a unique opportunity to support growing organizations everywhere,” said Kristin Thielking, Chief People Officer, Vendavo. “But we aren’t able to do that without the dedication, expertise and hard work of our very talented team. We are very appreciative of our people and the Best Places to Work designation.”

Built in Colorado rankings are algorithmically determined based on an equal consideration of company compensation and employee benefits that have been indicated most important by community users, including: health and wellness, financial planning and stability, flexible work environment, professional and social impact and perks and discounts.

For more information on Denver-based Vendavo and for a complete list of the company’s current open positions, visit the company profile page on Built in Colorado or on Linkedin.

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About Vendavo

Vendavo powers the shift to digital business for the world’s most demanding B2B companies, unlocking value, growing margin and accelerating revenue. With the Vendavo Commercial Excellence platform, companies develop dynamic customer insights and optimal pricing strategies that maximize margin, boost sales effectiveness and improve customer experience. With an annual margin improvement totaling more than $2.5 billion across companies in chemicals, distribution, high-tech and manufacturing, Vendavo delivers cutting-edge analytics and deep industry expertise that help companies stay one step ahead. Vendavo is headquartered in Denver, CO and has offices around the globe. Learn more at Vendavo.com.

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Canna-Hub Announces Largest Cannabis Business Park in Northern California is Designated as Qualified Opportunity Zone

SACRAMENTO, Calif. (PRWEB) January 16, 2019

Canna-Hub, a California-based real estate development and property management company for the cannabis industry, today announced that the company’s largest development in Williams, Calif., is located in a qualified Opportunity Zone as defined in the Tax Cuts and Jobs Act of 2017.

“This is not a coincidence,” said Founder and CEO Tim McGraw. “We started development of the project in early 2017 before Opportunity Zones even existed. The main objective of all our projects is to support the growth of the cannabis industry by providing a comprehensive real estate solution for licensed cannabis operators, while bringing jobs and economic development to cities that need it the most."

The new Federal tax law created Opportunity Zones to attract new investments in low-income communities by providing investors with significant tax benefits. Specifically, investors are able to defer tax payments on recent capital gains if those gains are reinvested in an Opportunity Zone fund or business, and gains on the new Opportunity Zone investment may ultimately become tax free, depending on the holding period for the investment.

“The fact that our largest development is now located in an Opportunity Zone has made what was already a great investment opportunity even more attractive for our investors,” said Co-Founder and CFO Jonathan Charak.

These Opportunity Zone tax benefits are also applicable to the licensed cannabis operators that decide to locate within the Canna-Hub campus, which can create great new opportunities for our tenant’s investors as well.

McGraw added, “The Opportunity Zone designation is yet another of many advantages enjoyed by our operator tenants, along with benefits such as shared security costs and an onsite third-party testing lab. I am very excited to see the positive social and economic impact that the Canna-Hub development will have on the City of Williams.”

The company’s Canna-Hub Business Communities, or “cannabis hubs,” can accommodate numerous license types allowing for third-party testing labs, indoor cultivation, greenhouses, nurseries, volatile and non-volatile manufacturing, tissue culture labs, distribution and transport.

For more information on securing space in Canna-Hub’s Mendota or Williams, California, cannabis hub, visit: http://www.Canna-Hub.com or call 916-620-7999.

About Canna-Hub

CHH LLC (dba Canna-Hub) was formed in 2017 to develop, manage and secure cannabis business parks, which are first of their kind in the industry. Canna-Hub identifies, acquires, and develops or repurposes real estate to create Canna-Hub Campuses. Canna-Hub works with underserved communities to facilitate business-friendly zoning ordinances, entitlements and fees. With over 2 million square feet under development in California, Canna-Hub has committed to build the most sophisticated and valuable real estate portfolio in the cannabis industry and is also seeking opportunities for development and sale lease back investments beyond the West Coast. For details on Canna-Hub and location specifics, visit http://www.canna-hub.com.

Public Relations Contact:

Andrew Hard

Chief Executive Officer

CMW Media

P. 888-829-0070

andrew.hard(at)cmwmedia.com

Investor Relations Contact:

Jonathan Charak

Chief Financial Officer, Canna-Hub

P 312-735-1475

jonathan(at)canna-hub.com

Sales and Leasing Contact:

Gus Green, Director of Sales

P 916.620.7999

Gus(at)canna-hub.com

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