World News: SARS to acquire Andronics

World News:  SARS to acquire Andronics

Remote asset management and telematics solutions provider, SARS Corp, has entered into a material definitive agreement to acquire Andronics.

This acquisition is part of SARS' commitment to deliver real-time business intelligence about fixed and mobile assets located anywhere in the world.

Andronics develops two-way data solutions for monitoring remote assets via satellite, specifically vehicles and LPG tanks.

Andronics’ UtilityEye LPG system monitors remote LPG tanks, both above and below ground, identifies fuel levels and sends utility notifications when a tank is filled and/or transmits alarms when fuel levels drop to a predetermined level. Information is communicated to the utility via Low-Earth Orbit satellites.

Andronics also develops LEOCATE, a solution that uses GPRS technology to track and monitor the movement and location of vehicles. The system provides fleet managers with automated email reports about engine idle time, distance travelled, number of stops, hours worked and fleet utilisation.

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