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SGS and Savi Technology Announce Exclusive Worldwide Strategic Alliance to Deliver Groundbreaking Global Cargo and Asset Tracking Solution

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ALEXANDRIA, Va. - (BUSINESS WIRE) - SGS and Savi Technology, a wholly-owned subsidiary of Lockheed Martin (NYSE: LMT), today announced an exclusive, multi-year, worldwide strategic alliance to develop, promote, market and deliver a first-of-its-kind service that will enable countries and organizations to track and monitor cargo and shipments in real-time.

The alliance will support a new SGS service called SGS OMNIS . SGS OMNIS will help ensure that critical shipments of materials reliably get to their intended destination without loss for the government and incidentally the owner of the goods. This will result in substantial cost savings and help countries around the globe protect customs revenue while simultaneously reducing cargo piracy.

"This is truly a landmark agreement. With our decades of experience delivering value-added solutions to countries and public organizations around the globe, we are now even more able to deliver tracking capabilities via our partnership with Savi in one integrated offering," said Roger Kamgaing, Vice President, Government & Institution division of SGS. "The formalization of this alliance comes after more than 18 months of working together to implement this solution in various parts of the world, with outstanding results, and we expect to roll-out this new service to countries and organizations globally in the coming months and years."

The exclusive alliance with Savi means that SGS can now deliver a reliable solution to track freight movements using GPS, GPRS, and satellite technology to give authorities full in-transit visibility and real-time event management that includes a wide range of alerts on risky and dangerous behavior. In addition, the solution tracks the precise location of the freight at all times. With the use of geo-corridors, alerts will be sent to users if freight suddenly changes route, direction, or is delayed.

SGS OMNIS is delivered using the Savi Mobile Tracking SystemTM, the technology "engine" behind the solution. Savi Mobile Tracking System combines purpose-built, real-time mobile technology and new integrated software.

The SGS global reach and its proven and trusted track-record of integrity and reliability combined with Savi's 20 years of experience in consignment and asset tracking will deliver a unique service.

"The alliance and global capabilities of SGS enable us to deliver the full power of the new Savi Mobile Tracking System," said William Clark, President and CEO of Savi Technology. "This new application follows years of investment in supply chain and asset management software. Countries and organizations around the globe will be able to better manage their complex supply chains. The practical value of reducing risk, cost and uncertainty provide real, hard-dollar savings. Even greater is the peace of mind that SGS OMNIS can provide."

For over a year, SGS and Savi have been working together to deploy early versions of the service and technology in Ghana and Kenya, where results have been impressive in reducing cargo losses and ensuring goods and supplies arrive where they are needed. Several other countries and organizations around the globe are evaluating the service.

ABOUT SGS

SGS is the world's leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 70,000 employees, SGS operates a network of over 1,350 offices and laboratories around the world.

ABOUT SAVI

Savi Technology is headquartered in Alexandria, VA - with primary operations in Lexington, KY and Mountain View, CA, and satellite locations around the world. Savi provides organizations with the ability to collect and convert operational information into useful knowledge - from physical objects like supplies, equipment and cargo. Savi has more than 22 years of success in developing, deploying, and supporting critical wireless tracking and monitoring solutions for both government and commercial enterprises. Savi has more than 40 active patents and is an active participant in several standards bodies and standards - including ISO 18000-7.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 123,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2011 were $46.5 billion.

Group82
Alan Mangelsdorf, 845-235-4628
alan@group82.com



 
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